Elrond 12h. Exchange of 1000 ERD for 1 eGLD and a new chart

In 2019, the Elrond project was launched as a result of IEO under the patronage of Binance, although then the IEO hype (like ICO) could not stay afloat for a long time.

In early September, the Elrond Mainnet token swap began.
As a result of the denomination, 1000 ERD is changed to 1 eGLD.

At the time of the swap launch, the cost of 1ERD was nearly $0.026-0.027, that is, taking into account the denomination $26-27.
Then 3 months there was a formation of a U similar pattern with a bottom $6.

Now the price is approaching again to the level of $27.4 and there is a very high chance of starting a correction to the range $15-16.

Above there are two more levels of $31.30 and $34.85 and we highly doubt that the price will go higher without a major correction.
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