ALGO Fighting in Support ZoneALGO sitting in support zone its not strong support zone with many price rejection in this price range from December 2022
But if this line break maybe we can heading to the greatest and strongest support zone around 0.09 like in June 2023 and ABCDE pattern completed then consolidate a while before n
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ALGO Technical Analysis!ALGO Update:
ALGO has been in a downtrend since last year and has yet to break above it. Currently, the price is near the initial support level at $0.15, with no strong bullish signs so far. If this support fails to hold, we could see ALGO move down toward the lower support at $0.108.
On the brigh
Algorand (ALGO): Seems More of a Liquidity Grab | We WaitCurrent movement on markets seems a little suspicious, where markets are dipping hard, yet for example, on ALGO, we do not see any proper signs.
We are expecting to see soon a bounce to upper zones to form another local hight from where we will be looking for a correctional movement, but for now w
Algorand (ALGO): Targeting $0.32 Once We See Breakout Algorand has had a decent upward movement where now we are retesting the resistance zone on smaller timeframes.
Now what we are looking for is the proper break of that zone, which then would result in a good upward movement. So for now we wait for the 200EMA to be secured by buyers.
Swallow Academ
ALGO/USDT – Breakout Trade Setup (Daily Timeframe)BINANCE:ALGOUSDT has officially broken out of a multi-month descending channel, signaling a shift in trend. After several failed attempts, price action finally pushed above both the channel resistance and the 50-day EMA (~$0.2197), confirming renewed bullish momentum.
Following the breakout, ALGO
TradeCityPro | ALGO: Bearish Pressure Builds Near Key Support👋 Welcome to TradeCity Pro!
In this analysis, I’m going to review the ALGO coin for you. The Algorand project is one of the Layer 1 and RWA projects.
⚡️ The coin, with the ticker ALGO, currently holds a market cap of $1.63 billion and ranks 53rd on CoinMarketCap.
⏳ 4-Hour Timeframe
As you can see
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of Algorand / TetherUS (ALGO) is 0.1802 USDT — it has risen 1.75% in the past 24 hours. Try placing this info into the context by checking out what coins are also gaining and losing at the moment and seeing ALGO price chart.
Algorand / TetherUS price has risen by 11.66% over the last week, its month performance shows a −14.93% decrease, and as for the last year, Algorand / TetherUS has increased by 29.92%. See more dynamics on ALGO price chart.
Keep track of coins' changes with our Crypto Coins Heatmap.
Keep track of coins' changes with our Crypto Coins Heatmap.
Algorand / TetherUS (ALGO) reached its highest price on Jan 7, 2022 — it amounted to 1.5289 USDT. Find more insights on the ALGO price chart.
See the list of crypto gainers and choose what best fits your strategy.
See the list of crypto gainers and choose what best fits your strategy.
Algorand / TetherUS (ALGO) reached the lowest price of 0.0875 USDT on Sep 11, 2023. View more Algorand / TetherUS dynamics on the price chart.
See the list of crypto losers to find unexpected opportunities.
See the list of crypto losers to find unexpected opportunities.
The safest choice when buying ALGO is to go to a well-known crypto exchange. Some of the popular names are Binance, Coinbase, Kraken. But you'll have to find a reliable broker and create an account first. You can trade ALGO right from TradingView charts — just choose a broker and connect to your account.
Crypto markets are famous for their volatility, so one should study all the available stats before adding crypto assets to their portfolio. Very often it's technical analysis that comes in handy. We prepared technical ratings for Algorand / TetherUS (ALGO): today its technical analysis shows the sell signal, and according to the 1 week rating ALGO shows the sell signal. And you'd better dig deeper and study 1 month rating too — it's sell. Find inspiration in Algorand / TetherUS trading ideas and keep track of what's moving crypto markets with our crypto news feed.
Algorand / TetherUS (ALGO) is just as reliable as any other crypto asset — this corner of the world market is highly volatile. Today, for instance, Algorand / TetherUS is estimated as 6.01% volatile. The only thing it means is that you must prepare and examine all available information before making a decision. And if you're not sure about Algorand / TetherUS, you can find more inspiration in our curated watchlists.
You can discuss Algorand / TetherUS (ALGO) with other users in our public chats, Minds or in the comments to Ideas.