- The EGLD coin price breaks above the several EMA’s during intraday.
- The 24-hour trading volume is at $107 million.
- EGLD/BTC pair is trading negative by -2.2% at 0.00492620 BTC.
Moving Average (EMA) In the EGLD coin daily price chart containing 8,13,21,55 EMA, it is a reliable support for currency price movements. Investors can find that price moves below the yellow line and guarantee EGLD’s uptrend as long as prices are above the moving average.
The volume (38.420 K) is below the 20-day moving average (183.317 K). The volume is low, so the cost is struggling for several days. Investors may also mark a decrease in volume. This indicates that unusual changes are normal on the following trading days.
EGLD Coin Price Sustains Above $300 Mark
The daily price chart of the EGLD coin has been bounced from the support zone. Depending on the price action, the support area is within $220 & 240. On the flip side, the resistance range is predicted as the price frames new higher highs.
The RSI showed a signal of 65 (bullish) with a short-term buy sign. Investors may find that the indicator’s RSI line is running upside. A rise can happen on future trading days.
The MACD shows a (bullish) cross above the signal line on November 03, indicating a buy signal for the currency. In addition, investors can see green bars in the histogram indicator.
Conclusion
Elrond price today is $314.14, With a 24-hour trading volume of 106,553,794. The EGLD price has decreased by 2.8% over the past 24 hours. It has a total supply of 20.397 Million EGLD coins and a circulating supply of 20.051 million EGLD coins.
RSI shows a buy signal, and MACD indicates a buy signal. Traders have directed low volume. In fact, the cost of framing is a fresh high. A market overview also shows that this pattern will continue to surge in the coming trading days.
Support Level: $220 & $240