Bullish Pattern Sets Elrond Coin For 10% Hike
Amid the recent relief rally in the crypto market, the Elrond coin price bounced back from the $51.8 support and surged 11.5% higher. This development allowed buyers to rechallenge the $58 neckline resistance of a cup and handle pattern. In response to this pattern, the prices are more likely to break this resistance to bolster The post Bullish Pattern Sets Elrond Coin For 10% Hike appeared first on CoinGape.
Here’s Why Elrond’s Price Recovery May Surpass $57.5 Barrier
The crypto market witnessing high volatility caused a minor consolidation in Elrond coin price. This sideways price action indicates that the buyers are struggling to surpass a local resistance of $57.5. Moreover, the technical chart shows the formation of the cup and handle pattern indicating a recovery opportunity for Elrond’s price. Key points: The cup The post Here’s Why Elrond’s Price Recovery May Surpass $57.5 Barrier appeared first on CoinGape.
Here’s Why Elrond Coin Price May Rise 18% In The Coming Weeks
Amid the recent downfall in the crypto market, the Elrond price has shaped itself in a parallel channel pattern. The coin price witnessed a steady decline under the influence of this pattern over the past two months. Furthermore, the falling price had recently breached the multi-month support of $50. Thus, the post-breakdown Elrond Coin Price The post Here’s Why Elrond Coin Price May Rise 18% In The Coming Weeks appeared first on CoinGape.
Elrond traders looking forward to cutting losses should read this
In an announcement blog dated 1 July, Elrond, the scalable smart contract blockchain network, informed its users of the launch of its decentralized exchange (DEX), Jungle DEX. According to the team, the DEX is “not just a product launch, but an open door to real, raw innovation.” Notably, Jungle DEX would operate as an automated […]