Hi,friends!
It has been more than a year since I entered the Erlond Network project (EGLD token). I believe that at the moment this is the most undervalued project in the whole crypto world.
We are on the verge of another price increase. And the first goals have already appeared.
The figure below clearly shows that the EGLD price has pushed off from the main support line (1) and is rising to the next resistance line (2).
Resistance (2) is at $177-180. From the first time, the EGLD price will not pass this level. It should be expected that further consolidation of funds will occur at the level of $160 - 180 with attempts to break through the resistance (2). The price will linger in this corridor for a short time, a week - a week and a half.
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In any case, everything will depend on the movement of bitcoin, which is increasingly correlated with the stock market.
PS I do not recommend using my posts as an acceptance for action. This is the world of cryptocurrencies, where everything can change in one minute. My posts are a subject for reflection.