Market Cap: $2.2043T 0.58%
Volume(24h): $56.8553B 3.76%
  • Market Cap: $2.2043T 0.58%
  • Volume(24h): $56.8553B 3.76%
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  • Market Cap: $2.2043T 0.58%
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Cryptocurrency News Articles

Greenery Session Coming Soon in Aelf Crypto?

Jul 08, 2024 at 09:34 pm

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

Greenery Session Coming Soon in Aelf Crypto?

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.

Original source:themarketperiodical

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