Algorand

$ALGO Weekly

Looks as if ALGO is retesting the 55ema for the 3rd week in a row.
This area of support is also an area of confluence with the trend-base fibo zero-line and the volumetric s/r line (white) as well.
Everything depends on BTC, but I think ALGO sees a healthy recovery, smashes ath and goes into price discovery mode. Hopefully before spring!

Goodluck!

Disclaimer