Analysis Crypto by Thebittimes.Com

Join Our Telegram channel to stay up to date on breaking news coverage The cryptocurrencies are making an upward correction as they break above the moving average lines. On September 21, the altcoins declined to their previous lows after facing selling pressure at their respective overhead resistance levels. Today, the altcoins are still struggling to regain bullish momentum above the moving average lines. Elrond Elrond (EGLD) price is making an upward correction as price breaks above the moving average lines. The cryptocurrency rose to the high of $56 and pulled back. The altcoin has risen to an overbought region of the market. The coin is retracing as sellers emerge in the overbought region. The uptrend may resume if price retraces above the moving average lines. EGLD/USD – Daily Chart The downtrend may commence if price breaks below the moving average lines. On the August 20 downtrend, EGLD price corrected upward and the candle body tested the 61.8% Fibonacci retra...

Join Our Telegram channel to stay up to date on breaking news coverage The cryptocurrencies are making an upward correction as they break above the moving average lines. On September 21, the altcoins declined to their previous lows after facing selling pressure at their respective overhead resistance levels. Today, the altcoins are still struggling to regain bullish momentum above the moving average lines. Elrond Elrond (EGLD) price is making an upward correction as price breaks above the moving average lines. The cryptocurrency rose to the high of $56 and pulled back. The altcoin has risen to an overbought region of the market. The coin is retracing as sellers emerge in the overbought region. The uptrend may resume if price retraces above the moving average lines. EGLD/USD – Daily Chart The downtrend may commence if price breaks below the moving average lines. On the August 20 downtrend, EGLD price corrected upward and the candle body tested the 61.8% Fibonacci retra...