Elastos: Wait for Confirmation Before Betting Big
I see two clear paths for Elastos: it either recovers if development and on‑chain activity resume, or it continues to drift if liquidity and real adoption fade. I don’t think the answer is binary without watching fundamentals, volume and developer signals.
Given the current uncertainty, I’d be cautious — watch for concrete catalysts (mainnet activity, partnerships, meaningful volume) and a clean technical re‑accumulation before committing large capital. If you’re speculative, consider a very small, staged position with tight risk controls rather than “all‑in.”
Analysis
Recommendation
Wait for confirmation: monitor developer commits, on‑chain activity and volume; consider a small, phased buy on weakness only with strict stops, otherwise stay sidelined until catalysts appear.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.