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Algorandusd

It's 2005 all over again combined with Moore's law for Algorand2020.02.02. Celebrate the past, create the future: Smart Cities, Connected Cities, implanted chips and future biometric identification. 2020.02.02 is the the first global palindrome day in 909 years. This date was chosen to introduce a theme that now resounds globally due to climate change and other governmental challenges that developed cities and emerging economies face on a wide scale. At the start of 2020 We Celebrated the past, and accelerated the inevitable future. We are ready to embrace Smart Cities, Connected Cities by Hyperconnecting the world. Forbes writing about an Invisible ‘Global Currency’ That’s 24 Times Bigger Than Bitcoin hinting at Mastercard and Visa who resound the global vision of Samsung called Digitally Connected Smart Cities. Mastercard and Visa brochures promoting a cashless world with efficient systems that will surely govern our entire lives by 2030. Over the past 2 years alone, Algorand has Partnered with a myriad of companies, to connect the largest monetary platforms, higher education credentials, transportation services, authentification requirements mandated by local governments in order to serve as the default platform to launch Central Bank Based Digital Currencies. The amount of funds that are about to enter this blockchain as it recently partnered with Linux Foundation is absolutely ridiculous. Algorand's Algo will start 2022 with an even bigger band as it reaches 100 dollars for the first time in its history. We're so early it's simply unbelievable. We are seeing a clearer trend of where top 100 alt season will start and reach it's peak. When comparing 2017 to the doctom bubble, it seems a massive new technology explosion took place 10 times faster than the euphoria experienced in 2001. When looking at bitcoin's algorithmic hashrate, it seems Q2 of 2019 was a sucker's rally, similar to the one experienced in 2015. Contrasting today's massive performance on the stocks that survived 2001's doctom bubble after reaching 98% losses from ATHs followed by a slow rise amidst regulation and adoption, the crypto market is a 10 trillionaire market in the making and the trend should continue as follows: 2013 has been very similar to 2017 in the crypto market. 2014 was very similar to 2018 where a gigantic bloody correction burst the bubble yet again. 2015 saw a sucker's rally signaling a bottom and a future rally potential, just like it happened early January of 2019 2016 Bitcoin had it's second halving, taking it from $185 early January 2015 bottom to $780 June 2016. 2021 has proven to be very much like 2017 but with stronger fundamentals and institutions onboarding the best top quality blockchains. Fundamental and Technicals are there for Algorand to top the charts by the end of the year, as we enter an absolutely Mad season this year.
Long
by axelrodd
8
ALGO a setup to hit $5 Hi friends hope you are well, and welcome to the new update on Algo coin. Breakout from wedge pattern: On the daily chart, the priceline of Algorand coin started the formation of wedge pattern in the 1st week of Nov 2020 and now finally, it has broken out the resistance of this wedge. Reached at $0.50 resistance: While breaking out the wedge’s resistance the price action has also broken out the $0.40 price level resistance and now reached the next resistance at $0.50. If the $0.50 resistance will be broken out then the next resistance would be at $0.70 and then a final and key level resistance is at $0.90. On the long-term weekly chart, it can be seen that after $0.90 resistance there is no significant resistance between $0.90 to the highest price level that is $3.44 as per the Binance exchange. An up-channel formation: On the long-term weekly chart, it can be seen that the priceline of Algo coin has formed an up channel and moving between the support and resistance of this channel very well. While moving between the support and resistance of this channel the price action of Algorand is also making higher highs. Therefore if this time it will go for another higher high then it can be above $0.80. The exponential moving averages with the time period of 10 and 21 have also formed a bull cross beneath the candlesticks and now lifting the priceline up. And this cross is just formed therefore a more powerful rally is expected. Conclusion: In the near future, a more powerful rally is expected. However, if the price action will be able to breakout the resistance of the up-channel that has been formed on the daily chart, then it can also break out the key level resistance of $0.90 and can move to the highest price. And if it will surpass the previous high then it can even move to $5.
Long
by moon333
3
Can it stay above this CRITICAL support level & keep reversing?*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky. *Follow me for the latest cryptocurrency analyses on my watchlist *Thank you to those who donated, I very much appreciate it. *Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
COINBASE:ALGOUSDLong
by CryptoRush_
Key resistance levels to break & start looking bullish again*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky. *Follow me for the latest cryptocurrency analyses on my watchlist *Let me know in the comment section if you agree or disagree, would love to hear your ideas too. *Thank you to those who donated, I very much appreciate it.
COINBASE:ALGOUSD
by CryptoRush_
Bullish & bearish case scenarios as BTC continues moving*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky. *Follow me for the latest cryptocurrency analyses on my watchlist *Let me know in the comment section if you agree or disagree, would love to hear your ideas too. *Thank you to those who donated, I very much appreciate it.
COINBASE:ALGOUSD
by CryptoRush_
Close above this level to switch bullish & supports to watch*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky. *Follow me for the latest cryptocurrency analyses on my watchlist *Thank you to those who donated, I very much appreciate it. *Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
COINBASE:ALGOUSD
by CryptoRush_
Look out for these support levels if price continues dropping*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky. *Follow me for the latest cryptocurrency analyses on my watchlist *Thank you to those who donated, I very much appreciate it. *Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
COINBASE:ALGOUSD
by CryptoRush_
ALGO/BTC: Breakout Confirmation for the Long Term 1D (Aug. 11)X Force Global Analysis: If you find our analyses to be helpful, make sure to support us by dropping a ‘like’ In this analysis, we take a look at Algorand (ALGO)'s daily chart, assessing its bullish probabilities. Analysis - To begin with, it's important to note that we have broken out of a descending trend line resistance that had been suppressing prices for over a year - After a breakout, we have had a pullback, retesting the now support-turned-resistance - We have managed to close above the 0.236 Fibonacci retracement support - The Simple Moving Averages (SMAs) are all aligned in the order of: the 20 SMA, 60 SMA, and 100 SMA What We Believe Just as many other alts that have broken out of major descending resistance trend lines, ALGO demonstrates a high potential upside in a bull market. Let us know what you think in the comment section below Trade Safe.
Long
by XForceGlobal
10
Possibility of a breakout looming :>Now amidst all the uncertainty and fear with the upcoming halving, I leave the possibility of anything happening open, and advise that you be careful and always use proper risk management when trading! If using a sound risk management strategy, I think that certain alts (particularly the most promising ones - like algo) are looking favorable. This coin has bled a lot within the last few days, and the remaining supports are a lot stronger than the resistances. In fact, I don't foresee much difficulty breaking the resistance levels. What I think is the greatest factor to if we will see a breakout / trend-reversal is if enough momentum can be found to ignite it. I think the possibility of such seems to be favorable now, and offers a high reward to risk to ratio with a tight stop-losses at the close (but strong) resistance levels. We saw Bitcoin break-out yesterday, and sometimes alts actually stall for about a day before following Bitcoin's trend (this would be the optimal scenario, but the power of ALGO itself being a promising and desirable alt should also be considered). I'm long, let's see what happens!
Long
by eyeseaevan
7