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$ELF || MORE GREENERY AHEAD!LOWER TF SHOWS A PROPER RETEST. ⚡BID ON DA SPOT TO MAXIMIZE GAINS! ?DIAMOND HANDS! ? #alts #100x #eth

The ELF price showcased a magnificent surge of 22.58% over the past 24 hours, reaching $0.416 at press time. The market capitalization stood at $305.18 Million, while the 24-hour trading volume reached $132.61 Million.
As the digital asset price makes its way towards the 200-day EMA on a daily chart, the bulls appeared quite strong. Notably, the volume on Binance has surged by more than 1000% as compared to the previous days.
If the digital asset price extends to the 200-day EMA and the volume sustains, the buyers might get involved. In case the price manages to trigger a breakout from the key moving average post consolidation, immense buying pressure could be observed. This might turn into a trend reversal if the investors show interest.
On the other hand, if the ELF coin price faces resistance from the 200-day EMA, the buyers might panic.
In a 4-H time frame, the digital asset price formed a lower high. At this level, the sellers’ interest might be looking for a new lower low.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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