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Algorandbtc

ALGO is setting up for a MASSIVE move!Why everyone is distracted with the Bitcoin ETF, that's been a complete disappointment so far, and XRP, which has been a perpetual disappointment for quite some time now, ALGO is setting up for a move that's going to leave cheap prices in the rear view mirror! ALGO'S structure has the potential to make incredible gains, in a short amount of time. Here's a couple potential paths that could come to fruition in the coming weeks. ALGO is my 2nd largest, long-term holding, and I'll be adding to it as opportunity presents itself in the coming days/weeks. ALGO is gonna fly! Good luck! And always use a stop.
Long
by MetaShackle
Algorand (ALGO) formed bullish Shark for another price reversalHi dear friends, hope you are well and welcome to the new trade setup of Algorand (ALGO). Our last successful trade of ALGO was as below: Now on a 4-hr time frame with Bitcoin pair, ALGO has formed a bullish Shark move, at the moment after the completion of final leg the priceline is slightly moved up, therefore, we can wait for some correction. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Long
by moon333
Algorand (ALGO) path back out?Accountability? Agh. I know that I should remain neutral on this one for ALGO, just to keep a decent batting average 'round these parts ⚾️ for ol' Algorand. Nevertheless, i am STILL bullish on ALGO. This coin is going to have a gigantic breakout in the next several days/week. It's unfortunate that Algorand is still dictated in large part by big b (BTC) calling the shots with market fluctuation. Things are getting better though. Coins and tokens are developing their own internal economy and ecosystems, with these becoming more and more impervious to BTC's ridiculously orchestrated fluctuations. The more people come on board and begin buying these coins, and creating traffic on the networks... the more these coins ( annnnd tokens, for all you defi peeps out there) --the more they all begin to break away from the grasp of BTC's and ETH's market fluctuations. --my love, Monero (XMR) being a prime example of this, especially at the present. ♠️🤫🐿
Long
by FutureAmericanExpat
Algorand (ALGO) we could see a rise...I'm still feeling bullish on Algorand. Have always felt that it is a vastly underrated coin. The ALGO blockchain is one of, if not the most resilient, secure blockchain in the crypto-verse. It has never been breached, and it the transaction times are faster and cheaper than any other currency I've come across with the exception of maybe some very obscure swappable tokens that I'd rather not mention here. C'mon ALGO! ♠️🤫🐿
Long
by FutureAmericanExpat
Algorand (ALGO) count me in!Algorand is a token that I have not covered on this platform too much. It's a shame because ALGO is one of my favorites. In terms of the accessibility, speed, and efficiency- ALGO blockchain is top notch. I mean, heck- if you ever want to send cryptocurrencies anywhere for the cheapest possible price... what do you use? -- ALGO The volume and number of wallets opened/holding ALGO has also steadily increased over the last several months with no real fall off... ♠️🤫🐿
Long
by FutureAmericanExpat
Algorand is going to shock the worldAlgorand is long overdue a real bullrun. After completing an accumulation phase, followed by a distribution, followed by a reaccumulation phase, and a redistribution wyckoff event, what comes next is a complete mystery, but xrp skyrocketted after a similar pattern. That time xrp ballooned from half a cent to 45 cents by May of 2017. Recent glitches on tradingview show a sudden spike in total2 as the marketcap excluding Bitcoin takes on 3.5 to 4 trillion dollars first leg up, while btc.d drops to 17% another glitch, one of 7 in the last 2 years. XRP.D also temporarily hit 0.80%, it shows a very similar pattern to the start of 2017 which is very strange because Bitcoin dominance is also showing the same pattern as the end of November 2016. By now, it feels almost as if everyone gave up on Algorand because it didn't print any ROI since inception and listing price at 3.3 dollars. What if, just saying, what if, the real run is very near, April 1st most likely if not sooner. It feels like a 2016 end repeat. Be on the look out.
Long
by axelrodd
5
ALGO/BTC pumpin!!Here is a quick analysis of the ALGO/BTC chart pumping. Next targets are resistances marked in horizontal ray blue at 4575 sats & purple at 5540 sats per ALGO coin. Big green arrow shows how the trend tested the 200 MA and bounced off of it making to break the downtrend channel that was created. RSI indicator shows how once the downtrend was broken (blue small arrow), it backtested before mooning (orange small arrow). MACD Showing how positive momentum is building up... :)
Long
by subawu
3
Algorand (Sideways Trading)Algorand is stuck in a sideways trading pattern (orange rectangle) after forming a large bull flag pattern (blue triangle), which formed after a rise of 187%. Support at $1.70, which is also the retracement line 78% (if fib. was started from $1.56). expected touch on the bottom of the orange rectangle, with price breaking out of the sideways trading unknown. Most likely scenario is a downtrend, followed by the relative strength index hitting the 30% marker, allowing an upward breaking after. Possibly touch to $1.70, with resistance at $1.93-$2.00. Ceiling at $2.00 (high level of resistance). Floor at $1.50 (high level of support).
Long
by marcosdaunte
Confirmed #Algorand goes longAfter weeks of consolidation and a confirmation of a breakout on the top trend line in a symmetrical triangle... Along with upwards momentum shown below on the MACD I believe the next week will be very bullish for $ALGO. Even a retest of 2.50$ ATH price level is within reason. Additionally "Governance" on Algorand's blockchain currently has 1.88 billion $ALGO essentially being locked away from the circulating supply for high rewards until the New Year. If $BTC stays the course or even falls a bit in price $AGLO will be making some drastic moves. First profit level I anticipate is 2.10 then a sharp move upwards to 2.40 followed by a retest of the 2.5ATH Getting in under 2$ mark will make for some nice profits in the short term and in the long term the staking and governance rewards will have many traders coming back as return customers on this blue chip alt. -Cheers!
COINBASE:ALGOUSDLong
by goodluckbruce
Algorand (Bullish Signals)Algorand is showing several Bullish signals, with an impending uptrend to $2.00 and beyond. The R.S.I is showing divergence ! Charts patterns: falling wedge (blue triangle) with a rounding bottom (red arched line). Rounding top (yellow arched line) resistance at $1.88-$1.93. *Price followed the copied Bars pattern (purple bars) from previous prediction perfectly. * ceiling at $2.00. minimal resistance above $2.06. related Algo published ideas linked below: price target of $3.00 for larger bull flag pattern (see previous published ideas). This flag has some sideways trading, but is still valid.
Long
by marcosdaunte