869,417,755 Millons usd 24 hrs increase on Algorand Protocol
I will create this analysis using
The KISS method (Keep It Simple Stupid) uses a maximum of 3 tools but I try to keep it limited to 1-2.
Algo recently broke out and has completed retracement, RSI pointing to more upside now.
MACD: Has crossed above the signal line, indicating a positive change
the rsi level: the overbought zone is changing Breakout Triangule Formed
Tp 1 is based on fibonnaci
The tp1 is based on the fibonacci retracement above the level 0 which would be 2400
Tp2: 3700
Tp3: 4800
Algorand what is? Algorand 2021 perfomance
2021 PERFORMANCE
Block proposal time will remain 0.5 seconds. (Even though our block size will grow from 5,000 to 25,000 transactions.) Block finalization time will shrink from 4.5 to 2.5 seconds. Our finalized TPS will grow from 1,000 to 46,000. (Thanks to a truthful approach to block pipelining.)
Led by Turing award-winner Silvio Micali and a renowned team of cryptographers, engineers, and mathematicians that solved the blockchain trilemma, Algorand is committed to the ongoing development of best-in-class solutions for the future of economic exchange.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.