As of 11 November 2024 , the aelf price is trading at $0.37600082 , with a market cap of $275,979,435 . The technical chart on the weekly time frame shows the ELF price is developing a bullish reversal pattern called the rounding bottom.
This chart setup is commonly interpreted as the bottoming of a downtrend as investors showcase a renewed buying interest. Under the influence of this pattern, the buyers should challenge the All-time high resistance of $3 and give better confirmation of the bull run market.