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The explanation of the $EGLD smoking increase!

A mere glance at $EGLD’s price chart reveals that the $22 level is more than just a random number. A few days ago, EGLD reached this crucial support, and since then, it demonstrated its significance by allowing the price to bounce by a staggering 145%.

Why is the $22 threshold deemed so essential? The history goes back to 2020 when EGLD faced a robust resistance at this very price point, resulting in a pullback towards $6. However, once $EGLD managed to breach the $22 resistance and subsequently confirm it as a supportive base, the token experienced a meteoric rise. This historical precedent lends weight to the current bounce witnessed off the $22 mark.

  coin-score.ai/articles/the-exp...