April 5, 2026

EGLDUSD ❕ local downtrend

EGLDUSD ❕ local downtrend

EGLDUSD ❕ local downtrend

EGLDUSD ❕ local downtrend

EGLD / US Dollar (calculated by TradingView) BINANCE:EGLDUSD
Solldy


EGLDUSD ❕ local downtrend

After exiting the rising channel , Elrond formed a descending channel .
Price dropped below 200MA on 30m timeframe.
50MAs crossed down 100 and 200MAs on the 30m Timeframe.
I expect EGLD to test the resistance level , but after fixing under it will continue to fall.

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