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#support and resistance#Relative Strength Index#Technical Analysis 101

Elrond Bullish RSI Divergence Calls For at Least $10 Rally

Elrond (EGLD) has printed a bullish RSI divergence that supports more upside, at least until the next resistance around the $63 level is retested again. Additionally, Elrond is showing relative strength compared to the overall cryptocurrency market. These two technical factors combined offer a short-term bullish outlook for the Elrond price.

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