ERD/USD has been going up non-stop, however, a recent rejection at $0.03 could change things. Elrond is down 23% from its peak in just a few hours. Unsurprisingly, ERD is finally down after a massive 5,100% bull rally. However, the current candlestick is still green even after the significant rejection at $0.03. Of course, the daily RSI remains overextended ERD/USD daily chart Clearly, ERD is creating a bearish reversal candlestick but the day is not over and bulls can still push the digital asset back up. The trading volume is already extremely high and close to an all-time high and, of course, there are no resistance levels to the upside. The RSI remains overextended and the MACD turned bullish again after a brief pause. The daily 12-EMA is located at $0.017 and will serve as a strong support level in case ERD breaks $0.20. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next AUD/USD advances toward mid-0.7100s as DXY slumps to 93.50 FX Street 3 years ERD/USD has been going up non-stop, however, a recent rejection at $0.03 could change things. Elrond is down 23% from its peak in just a few hours. Unsurprisingly, ERD is finally down after a massive 5,100% bull rally. However, the current candlestick is still green even after the significant rejection at $0.03. Of course, the daily RSI remains overextended ERD/USD daily chart Clearly, ERD is creating a bearish reversal candlestick but the day is not over and bulls can still push the digital asset back up. The trading volume is already extremely high and close to an all-time high and,… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
