🔥 EGLD Huge Move After Crash: New Target

Over a week ago I made an analysis on EGLD. I expected the price to reach $200 shortly after a huge bullish period.

During the crash earlier this week, EGLD fell down to my earlier indicated support of $150. After a while it made a fake-out below the support and reversed swiftly.

We're currently trading above our main target of $200. I'm expecting the price to see some consolidation around this area before moving on.

New target for the coming weeks is placed at $240. With the rotation of market leaders, this token could very well reach crazy highs in the near future.

Happy trading!