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ALGO: APPEARS TO BE WORKING ON SIMPLE RALLY IN PHASE B
📈LONG:
$ALGOUSDT by WyckoffMode

#WyckoffMethod #ALGO Investigation of potential Simple Rally event for Phase B of 2.0 Accumulation Schematic; focus on PARXCES indicator in Near & Short Term Groups Time Frames.
📈LONG: #ALGOUSDT | $ALGO by MyCryptoParadise_Simon (1D)
Current Price $0.17
Market Cap $1.42B
Change 1h -0.22% | 24h -4.60%
RSI: 41 - Neutral 🟠


👀🚀Were closely monitoring the ALGO/USDT chart as it gathers momentum to potentially break through the descending resistance. A strong support at $0.1563 indicates a bullish reversal and could lead to a surge towards our projected resistance level. Traders, keep an eye out for this golden opportunity in #Algorand! 💎 #ALGO #bullish #trading #analysis.

Algorand's community: @algorand
📈LONG: #ALGOUSDT | $ALGO by CryptoPatel (1W)
Current Price $0.19
Market Cap $1.54B
Change 1h -0.69% | 24h -2.02%
Current RSI data.
Current MACD data.
Current ATR data.
Current EMA data.


ALGO/USDT shows signs of a bullish Inverted H&S pattern on the EURONEXT chart. After breaking out, we anticipate a 250% upside potential. The right-hand support level at 500% is crucial, and we recommend exiting below that level. #algorand #ALGO

Algorand's community: @algorand
📉SHORT: $ALGO by SwallowPremium (1D)
#ALGOUSDT | #ALGO | #Algorand
Current Price $0.15
Market Cap $1.21B
Change 1h +1.05% | 24h -3.70%

Daily Indicators:

• RSI: 32 - Neutral 🟠
• MACD: -0 - Bearish 🔴
• EMA: 0.17 - Below 🔴

Analysis:
ALGO is potentially heading for a breakdown as it completes a Head & Shoulders pattern. The neckline zone is currently being tested, hinting at a bearish move ahead. The technical indicators signal caution, aligning with the pattern suggesting a decline.

Price Targets:
If ALGO breaches the neckline, expect a drop to around $0.1000 to $0.0870. Stay tuned for updates from Swallow Team!

Algorand's community: @algorand
📉SHORT: $ALGO by SwallowPremium (4H)
#ALGOUSDT | #ALGO | #Algorand
Current Price $0.14
Market Cap $1.17B
Change 1h +2.14% | 24h +1.27%

4-Hourly Indicators:

• RSI: 63 - Neutral 🟠
• MACD: 0.00 - Bullish 🟢
• EMA: 0.13 - Above 🟢

Analysis:
ALGO is currently testing the local resistance zone around the $0.1427 mark. A breakout above this resistance could signal bullish momentum, but keep an eye on any signs of weakness which may prompt a trade back towards lower support zones. The Swallow Team is closely monitoring these movements!

Price Targets:
If ALGO manages to break above the resistance, look for prices to potentially climb towards $0.1470. However, if weakness is observed, the price could fall back to the local support level around $0.1320. Stay alert for these key levels!

Algorand's community: @algorand
📈LONG: $ALGO by Motivation_Voice (3D)
#ALGOUSDT | #ALGO | #Algorand
Current Price $0.14
Market Cap $1.17B
Change 1h -0.01% | 24h +1.39%

Current Indicators:

• RSI: 36 - Neutral 🟠
• MACD: -0 - Bearish 🔴
• EMA: 0.17 - Below 🔴

Analysis:
The 3-day chart for ALGOUSDT indicates significant selling pressure at the marked supply zones of $1.00-$1.50. Currently, the price is at $0.1433 with slight upward movement. Market dynamics suggest that breaking through these supply zones will be crucial for sustained upward momentum.

Price Targets:
Short-term targets include the immediate resistance at $0.1838, followed by $0.3728. If bullish momentum continues, price could aim for the primary supply zone between $1.00 and $1.50. Moving beyond this, potential long-term targets could reach up to $2.99.

Algorand's community: @algorand
📈LONG: $ALGO by MetaShackle (1D)
#ALGOUSD | #ALGO | #Algorand
Current Price $0.15
Market Cap $1.20B
Change 1h +0.30% | 24h +7.08%

Daily Indicators:

• RSI: 46 - Neutral 🟠
• MACD: -0 - Bearish 🔴
• EMA: 0.15 - Below 🔴

Analysis:
ALGOs chart is flashing signals for a potential big move! It's currently trading around a bargain at $0.1469. The chart suggests a breakout from a descending wedge pattern, hinting at bullish momentum. Momentum oscillators below indicate growing positive sentiment. Get ready for gains!

Price Targets:
If the breakout confirms, look for immediate resistance around $0.1900. Higher targets include $0.2500 and potentially a moonshot towards $0.4500. Make sure to enjoy the ride!

Algorand's community: @algorand
📊NEUTRAL: $ALGO by Cryptorphic (1W)
#ALGOUSDT | #ALGO | #Algorand
Current Price $0.15
Market Cap $1.20B
Change 1h -0.48% | 24h -0.94%

Weekly Indicators:

• RSI: 41 - Neutral 🟠
• MACD: -0 - Bearish 🔴
• EMA: 0.17 - Below 🔴

Analysis:
Welcome to my ALGO/USDT weekly chart update. The descending wedge might break bullish, potentially signaling a trend reversal. Currently in an entry range, the market has shown volatility, but a breakout could yield significant returns. Patience and careful monitoring are key.

Price Targets:
If a bullish breakout occurs, target prices are set at $0.45, $0.65, and $0.90, with a maximum target of $3.44. Current price stands at $0.1474. Stay tuned for more insights on Bitcoin, Ethereum, and other altcoins!

Algorand's community: @algorand