On June 19th, the Elrond(EGLD) price gave a bullish breakout from a two-and-a-half-month-old resistance trendline. Furthermore, the buyers’ failed attempt to surpass an immediate resistance of $56.3 could result in a retest reversal to the descending trendline. Can buyers sustain this breakout opportunity? Key points: The EGLD price faces supply pressure near combined resistance of
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