Hello Crypto Lovers,

Mars Signals team wishes you high profits.

This is a one-day-time frame analysis for EGLDUSDT

We predicted in our last analysis on May 3 that the price would have more decline. At that time, the price was fluctuating about $120 and we expected more fall for it. Now you can observe that our expectation came true and the price has reached the amount of $75. Here we believe there will be no more fall for the price and it moves to the first resistance line and it has more rise. In case the support is lost for the price, then we should consider a short position for it.

Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.

Wish you luck

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