Algorand is showing good stregnth in the monthly and weekly timeframe with a possibility of +92% increase. Staying above $0,46 and above the vwap from 2021 would indicate a reach for higher prices, the target is apr/mar 2022 highs alongside with monthly level, fibonacci levels and the last bull run value area low/point of control.
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.