ALGO ALGORAND MAJOR DOWNTREND BREAKOUT
📊NEUTRAL: $ALGOUSDT by Psychometriks
#Algorand #blockchain tech is looking to reverse last year’s bad performance. If successful, this could be a huge win for investments.
📊NEUTRAL: $ALGOUSDT by Psychometriks
#Algorand #blockchain tech is looking to reverse last year’s bad performance. If successful, this could be a huge win for investments.
📉SHORT: #ALGOUSDT | $ALGO by SwallowPremium (4H)
Current Price $0.25
Market Cap $2.00B
Change 1h -0.59% | 24h -0.98%
We notice Algorand moving to lower zones with multiple signs of weakness. Our team is confident of further movement, potentially securing 100 and 200 EMA by bears. Good scalps can be taken here. #Algorand #Crypto #Scalping #SwallowTeam
Algorand's community: @algorand
Open chart on TradingView
Current Price $0.25
Market Cap $2.00B
Change 1h -0.59% | 24h -0.98%
We notice Algorand moving to lower zones with multiple signs of weakness. Our team is confident of further movement, potentially securing 100 and 200 EMA by bears. Good scalps can be taken here. #Algorand #Crypto #Scalping #SwallowTeam
Algorand's community: @algorand
Open chart on TradingView
📈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
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
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
#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
#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
#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
#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
#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
📈LONG: $ALGO by KlejdiCuni (1D)
#ALGOUSDT | #ALGO | #Algorand
Current Price $0.13
Market Cap $1.08B
Change 1h -0.89% | 24h +3.54%
Daily Indicators:
• RSI: 55 - Neutral 🟠
• MACD: -0 - Bearish 🔴
• EMA: 0.12 - Above 🟢
Analysis: ALGO's chart reveals a bullish inverse head and shoulders pattern, hinting at a potential upward move. The strong bullish candle on the daily chart adds confidence to this prediction, indicating a possible trend reversal in the near future.
Price Targets: Keep an eye on key levels: a quick target at $0.140555, followed by $0.147015. If momentum continues, reaching $0.154032 might be on the cards. Let's see how this plays out!
Algorand's community: @algorand
#ALGOUSDT | #ALGO | #Algorand
Current Price $0.13
Market Cap $1.08B
Change 1h -0.89% | 24h +3.54%
Daily Indicators:
• RSI: 55 - Neutral 🟠
• MACD: -0 - Bearish 🔴
• EMA: 0.12 - Above 🟢
Analysis: ALGO's chart reveals a bullish inverse head and shoulders pattern, hinting at a potential upward move. The strong bullish candle on the daily chart adds confidence to this prediction, indicating a possible trend reversal in the near future.
Price Targets: Keep an eye on key levels: a quick target at $0.140555, followed by $0.147015. If momentum continues, reaching $0.154032 might be on the cards. Let's see how this plays out!
Algorand's community: @algorand