$0.003237
Time period | Change amount | % Change |
---|---|---|
1H | $-- | +1.03% |
24H | $-- | -4.57% |
7D | $-- | -25.92% |
30D | $-- | +68.71% |
1Y | $-- | -8.07% |
Elysian ELS price today is $0.003237 with a 24-hour trading volume of $1857.19, and as such Elysian ELS has a market cap of $--, giving it a market dominance of %. The Elysian ELS price moved -4.57% in the last 24 hours.
Elysian ELS reached its highest price on 2022-01-27 when it was trading at its all-time high of $0.4931, while its lowest price was recorded on 2023-05-08 when it was trading at its all-time low of $0.00002790. The current lowest price since the last cycle high was $0.00002790, and the highest price since the last cycle low was $0.4931. The social sentiment of Elysian ELS is currently Positive.
The current circulating supply of Elysian ELS is $-- ELS. In terms of market cap, Elysian ELS is currently ranked 7186.
There are two schools of thought in determining the price of Elysian ELS.
By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Elysian ELS, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of Elysian ELS from a long term perspective.
By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of Elysian ELS on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for Elysian ELS as well.
Investors tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for Elysian ELS and the cryptocurrency market as a whole.
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Bitcoin Rebound has Brought Financial Stability to some Crypto Companies
Bitcoin spot ETFs have seen net inflows for two consecutive days, with Grayscale and Celsius transferring BTC and ETH to CEX. Musk has removed the X homepage introduction, TROLL plummeted by over 50% in response.
On the ninth trading day of Bitcoin spot ETFs, there was a net outflow of $158 million. Celsius sent 45,956 ETHs to multiple CEXs, and the Ethereum Denchun upgrade may be launched as early as the end of February.
The Prospect of SEC Approval of Spot ETH ETF May Drive its Price Upwards
The sentiment in the crypto market has turned "neutral,” with BlackRock CEO believing that Bitcoin can serve as a means of long-term value storage. Celsius has redeemed over $125 million in ETH in the past week.
The SEC is providing final opinions on Bitcoin spot ETFs, and the earliest notice to be released today is that Ethereum spot ETFs may go public this year.
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