#elrond $egld Breakout or Fakeout?
Elrond has had a fantastic run-up and still radiates power. The blue zone has acted as resistance for a long time but now we have shot through it. It'll be interesting to see if we can stay up here or if we shoot back down again. Because projects like Ethereum and Cardano show their drawbacks, projects like Solana and Elrond can show that there are more paths to adoption. I am still positive that Elrond can reach the 4 digits in a relatively short time. We can also see that the Fibonacci lines are respected and can function well as targets
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