ALGO trading on a key support, a buy at sub 0.20Algo remains competitive and affordable vs the competition. PSAR pending signal to the upside, currently trading on a key support!
Key stats
ALGO/USD Strong Support📊 Technical Analysis Overview:
✅ Price Action & Candles:
The latest Heikin Ashi candle is a strong green, signaling early bullish momentum.
Current price is around $0.214, showing a clear bounce from the recent low at $0.175.
Potential double bottom pattern forming, which is typically bullish if c
ALGOUSD Bearish ForecastHi there,
Due to two supply area zones pressing down on a Fib bias of 0.1733, ALGORAND looks bearish and could drop to 0.2026.
Happy Trading,
K.
Not a trading advice
ALGO (Algorand) Altcoin Analysis. One More High in this Cycle?ALGO: The price is currently testing the 61.8% retracement level, which is the last relevant support level for wave 4 in the white scenario. While the idea of a fourth wave pullback will not be invalidated below this level, other interpretations will become more likely. The orange scenario allows fo
ALGO to provide us with some GAINS as well?Hi guys,
Again as seen on the chart and historic price action or ALGO we can clearly see the PAIN points of where price is reacting and providing opportunities.
If we manage to break this trendline my first BUYS will begin at $0.16.
Risk here is holding drawdown of around -26% if pri
Will ALGORAND'S 'anti Trump' management team kill the project?ALGORAND has some serious potential in regard to its technology and its use case, but it’s well known that the people behind ALGO are publicly—and unfortunately loudly—against Trump and his agenda to 'Make America Great Again' and to make 'America the crypto capital of the world.'
I like ALGORAND's
ALGOUSD - BULLISH PHASE STARTSHello,
Micro and Medium Caps entering bull phase for next ~2Months.
ALGO could be a good choice because it is ISO 20022 compliant, is somehow US friendly and could apply for ETF also.
This is not a trading advice!
Thanks
$Algo Has PotentialAlgorand has been a major laggard so far during this cycle, I believe this is due to the major interest in other tokens like SOL.
However, while investors and traders have been focusing on meme coin pump & dumps, the Algorand Community has been building. Focusing on Utility as a long term goal.
T
Is an 11X in the cards for ALGO, taking price to $2.00 +?The days of "alt-coin season" are over, and we are now living in the time of Utility Season. Many cryptocurrencies that lack real-world utility simply didn't rally much, if at all, during the "Trump pump." Did you ever ask yourself why? Because the days of speculation are coming to an end, and the n
Algorand ALGOUSD Periodic Analysis (Issue 67)The analyst believes that the price of Algorand will decrease within the time specified on the countdown timer. This prediction is based on a quantitative analysis of the price trend.
___Please note that the specified take-profit level does not imply a prediction that the price will reach that poin
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