Algorand (Possible Breakout?)

١٦ سبتمبر ٢٠٢١

Support at $1.93-1.86...could Algo see a slow rise to $2.75-$3.00 next? The Salt Conference in N.Y has ended, and this could very-well bring heavy volume into the crypto space, with Algo being a key-backbone to the ever-developing ecosystem.

١٧ سبتمبر ٢٠٢١

ملاحظة

Algorand is holding steady between $2.00-$1.86 during this market decline. This could be Algo's new "floor."
Price Target $2.40-$2.50 by 09-23-2021.

١٨ سبتمبر ٢٠٢١

ملاحظة

If Algo drops once more, I expect strong support around $1.86-$1.90 (floor). This would form a triple bottom chart pattern (look into my most recent ideas regarding Algorand's charts in my profile.)

٢١ سبتمبر ٢٠٢١

ملاحظة

Algorand has hit it's "floor" at $1.50, which was a previous price marker, and has seen a healthy recovery since the dip. Algo is now seeing higher lows, with a possible touch to $1.70-$1.65 before it continues moving up.

I would expect some sideways trading between the pricing $1.90-$1.80. Resistance at $2.00 and $2. 40 .