The EGLD coin is in a downtrend, around -10.6%, during the intraday trading session. Daily technical chart and price trend of EGLD coin are showing a possible bearish trend. The first support zone seems to be around $170. Elrond is a blockchain protocol that seeks to offer extremely fast transaction speeds by using sharding. The project describes itself as a technology ecosystem for the new internet, which includes fintech, decentralized finance and the Internet of Things. Its smart contracts execution platform is reportedly capable of 15,000 transactions per second, six-second latency and a $0.001 transaction cost.
Guest: Evan Aldo
Evan Aldo Youtube Channel ➜ https://bit.ly/EvanAldo
~Elrond EGLD Token Technical Analysis~
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