EGLD Entering Buy Zone Are

Elrond is one of the best project with fundamental out there, but here are our conclusion for the next few weeks:

EGLD - $29.13 / 1W TF

- Clearly still on the distribution
- RSI indicate it may still going further down
- Level for buy spot for the first time
- Expecting it goes to go sub $20
- Ecosystem is developing and so far the track record is great.
- Rebranding is kinda ⛳️
- Distribution has been happening for years now, and it close to the bottom until ETF approved. There will be no individual uptrend on this one…