short

MM Continues Buying ELA, But a Pump is Needed for Larger Upside

I recall that MM has continued purchasing ELA, which suggests they see underlying potential or value. However, for ELA to appreciate significantly, a price pump is necessary to attract more investor interest and momentum.
Source available for registered users Sign Up Free

AI Analysis

The fact that MM (Market Makers) are actively buying ELA indicates a level of institutional or strategic confidence in this digital asset. Their ongoing purchases suggest they perceive undervaluation ...

AI Recommendation

Based on this insight, I recommend closely monitoring ELA for signs of a price pump or breakout. If you already hold ELA, consider preparing to capitalize on potential upward momentum if a pump occurs...

Disclaimer

The AI 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.

You might also be interested in: