Get started

ALGOUSDT

TradeCityPro | ALGO: Key Levels in RWA Coin’s Bullish Revival👋 Welcome to TradeCity Pro! In this analysis, I’m going to review the ALGO coin for you. This project is one of the RWA (Real World Assets) crypto initiatives, which saw significant growth during the recent hype around this category. 💫 Currently, the market cap of this project stands at $1.99 billion, placing it at rank 47 on CoinMarketCap among crypto projects. 📅 Daily Timeframe As you can see in the daily timeframe, ALGO has had a notable bullish leg that started from the 0.1085 level and continued up to 0.5138, marking a significant upward move. 💥 However, after reaching that level, the first corrective phase took place down to the 0.3267 support. After breaking this zone, the price continued falling to the 0.1602 support, which also overlaps with the 0.786 Fibonacci level. 🔍 After finding support there, a new high formed at 0.2147, and thanks to the strong buying volume and bullish candles, this resistance has been broken, and price is now heading upward. 📊 The RSI oscillator is currently very close to the Overbought zone, and if it enters that area, we might see some high-volatility moves, increasing the likelihood of sharp bullish candles. 📈 The next resistance levels above are 0.2553 and 0.3267, which align with the 0.5 and 0.382 Fibonacci levels respectively. If price can break through these levels and return to 0.5138, the chances of breaking that top will be significantly higher this time. ✨ On the other hand, if this breakout turns out to be a fake move and price falls below 0.2147, heavy bearish momentum could enter the market, greatly increasing the risk of breaking the 0.1602 level. 🎲 If the market continues to drop, the next major support to watch is 0.1085, which stands as the most critical support for ALGO. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Long
by tradecitypro
3
ALGO/USDT Technical Analysis Deep Dive! Let’s break down this ALGOUSDT chart step-by-step — it’s a perfect example of trading patterns in action! 🏄‍♂️ Timeline (Aug 2024 - April 2025): ▸ Accumulation (Aug - Nov 2024): ALGO consolidates between $0.1050 and $0.1450, showing low volatility. This is a classic accumulation phase where buyers are quietly building positions. ▸ Breakout & Uptrend (Nov - Dec 2024): Boom! The price breaks above $0.1300 with strong momentum, climbing to $0.6100. ▸ Pause in a Symmetrical Triangle (Dec 2024 - Jan 2025): After the surge, ALGO takes a breather, forming a Descending Triangle (a neutral pattern). This signals market indecision — traders are waiting for the next big move. ▸ Breakout & Downtrend (Jan - Mar 2025): The price breaks below the triangle, dropping to $0.1480. This aligns with a "Descending Wedge" (reversal) from the cheat sheet , confirming the downtrend and reversal structure of the Wedge. ▸ Consolidation (Mar - Apr 2025): ALGO stabilizes between $0.1400 and $0.1600, setting the stage for the next move. ▸ Breakout & Uptrend (Apr - April 2025): Another breakout! The price surges above $0.1600, reaching $0.2200 again. It might reach higher levels like $0.2400 and $0.3000 in next weeks. This chart shows how patterns like Descending Triangles, and Wedges can guide your trades. Spotting these using my Trading Patterns Cheat Sheet can help you time your entries and exits like a pro! ✉️ What’s your next move on ALGO? Are you buying the dip, waiting for confirmation, or taking profits? Drop your thoughts below — I’d love to hear your strategy!
by ArShevelev
Algorand NLP & Higher High & 619% Profits PotentialThis is a very nice chart. Algorand is solid strong on the weekly timeframe (long-term). There are two main signals; Long-term growth in the form of a rising channel, higher highs and higher lows. Short-term bullish based on a recovery. Notice the "magic blue line" I drew on the chart. This is a bottom signal. You can draw an inverted head and shoulder here or a v shaped bottom. This week strong move seals the deal. A massive higher low compared to early August 2024. Ok. How are you doing today my friend in the law? I hope you are having a wonderful day. You see... Hear me out; listen! Can you feel me? Do you understand? Do you grasp what I am trying to share with you? Can you see what I am doing? These are all different representational systems, people use difference senses to understand reality. Some are primarily visual, others auditory, kinesthetic, digital, etc. So, you are likely the feeling type, then, can you grasp what I am trying to say? Are we on the same wavelength? Does it resonate with you? Yes? Then Algorand is bullish and going up. Why? Because the chart says so. Because that is exactly what is doing and that is exactly what it will continue to do long-term. The main low happened in August 2023 and we have the higher lows without question, a higher high comes next. For your convenience, I mapped this chart with the main target for this bullish wave. It can go higher. Namaste.
Long
by MasterAnanda
Short ALGO/USDT🔥 #ALGO/USDT 🔴 SHORT 🎲 Entry Zone 1: 0.1870 🎲 Entry Zone 2: 0.1890 ✅ Take Profit 1: 0.1838 ✅ Take Profit 2: 0.1775 ✅ Take Profit 3: 0.1667 ✅ Take Profit 4: 0.1551 (Extended if Momentum Persists) ❌ Stop Loss: Above 0.1985 💱 Recommended Margin: 2.5% – 5% 🧳 Recommended Leverage: 5X – 15X 🧠 Narrative: ALGO is testing a supply zone at 0.1870 – 0.1890. A rejection here could trigger a move toward the lower support levels identified as TPs. 📈 Market Context: Monitor overall crypto sentiment and BTC action; a broad rally may invalidate this short bias, while continued weakness could accelerate downside targets. ⚠️ Risk Management: Place stops above 0.1985, size positions carefully, and be ready to adapt if price shows unexpected strength. ⚠️ Take Care of Risk Management for Your Account
Short
by CryptoSheykh
2
ALGO at Golden Buy Zone | Low-Risk, High-Reward Setup (1D)The higher timeframe structure of ALGO on the weekly chart is still bullish, but on the daily and hourly timeframes, the structure is bearish. That’s why we expect major players to enter ALGO at key support zones. Currently, it is consuming orders within the demand zone, and it is expected to eventually reach the POI and then move toward the targets. If strong buyers step in, the price could reach the red box. A daily candle closing below the invalidation level would invalidate this analysis. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark
1
ALGO, preppin for a MASSIVE ASCEND this Q2 2025 from 0.18ALGO is preppin for a massive shift based on the latest price behavior. After goin parabolic late last year -- tapping the 0.50 mark, algo like the rest succumb to red season -- had to experience corrective pressure of the market and touching a weighty trim down to sub 0.20 area. Today, an apparent bear saturation has been spotted. Based on the diagram we are seeing some basing zone at the higher channel -- price is being magneted on this higher area; inching closer as days progresses on that exit zone hinting a possible break in structure soon. Ideal seeding area is the current price at 0.180. Spotted at 0.18 Mid target at 0.5 Long term. 0.50 TAYOR. Trade safely.
Long
by JSAL
ALGO Ready to Break Out—or Fake Out? Watch This Critical ZoneYello, Paradisers! have you been watching #ALGOUSD’s recent moves closely—or are you about to miss the bounce that could catch 90% of traders off guard? 💎After topping out in December 2024, ALGO entered a clear corrective phase. That correction just completed an ABC zigzag pattern right into a strong support region, slightly above its key weekly level—a zone where buyers historically step in. 💎#ALGOUSDT is showing clear bullish reactions between the 0.165–0.145 levels. More importantly, a complex bullish divergence is forming—on both RSI and MACD. This is your first warning sign that the bears are losing steam and bulls are ready to step back into control. 💎On the upside price must break and hold above the moderate resistance zone at 0.22 level. A successful reclaim here would not only validate the divergence but also represent a deviation reclaim, where price recovers a previously broken support level. 💎If this reclaim is successful and supported by volume, the next key zone to monitor is between 0.25 and 0.275. This region carries particular significance, as it aligns with both the descending trendline resistance and the 25% Fibonacci retracement. It is a critical level that will likely determine whether the current bounce evolves into a sustained bullish leg. 💎Should buyers maintain momentum beyond that point, the next upside target lies between 0.365 to 0.380 levels. Paradisers, strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler. MyCryptoParadise iFeel the success🌴
COINBASE:ALGOUSDLong
by MyCryptoParadise
1
ALGO in coming days ...The pattern has broken, and now I expect the price to rise to $0.23 . Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
4
ALGOUSDT Facing a Major Reversal? Bears Ready to Take Over!Yello, Paradisers! Is ALGOUSDT about to take a sharp dive? The price is currently hovering around a key supply zone, struggling to push higher. With buyers failing to break through, the risk of a strong bearish rejection is increasing, signaling a potential short opportunity. 💎The market structure has shown a clear Change of Character (CHoCH), suggesting a shift from an uptrend to a potential downtrend. Price remains below the 50 EMA, reinforcing the bearish momentum. If sellers step in with force, the downside move could accelerate quickly. 💎Key downside targets are forming around 0.2188 and 0.1663, where the next major support zones lie. If the bearish scenario plays out, these levels could be reached sooner than expected. Any failure to reclaim higher levels will only strengthen the case for further declines. This is where patience and discipline pay off. Market traps are everywhere, and only those who stay focused and trade smart will come out on top. Be ready for the move, Paradisers! MyCryptoParadise iFeel the success🌴
Short
by MyCryptoParadise
3
Will ALGORAND'S 'anti Trump' management team kill the project?ALGORAND has some serious potential in regard to its technology and its use case, but it’s well known that the people behind ALGO are publicly—and unfortunately loudly—against Trump and his agenda to 'Make America Great Again' and to make 'America the crypto capital of the world.' I like ALGORAND's project and technology, but I also think that the management's inability to keep their political opinions to themselves, and instead focus on their business model, could end up working against ALGO over the next four years. I think it’s not only a bad idea to take a public political stance as they have when you have a business to run, but their poor judgment could severely hurt ALGO investors over the course of the current administration. But, let’s hope that isn’t the case. Good luck, and always use a stop loss!
CRYPTO:ALGOUSDLong
by MetaShackle
3
ALGO buy setup (1D)Here, we have a high-potential zone for ALGO. The green zone represents strong support, and if the price reaches this area, we will look for buy/long positions. The red box is a fresh order block that hasn’t been tapped yet, containing the main sell orders. The target can be this red box. Closing a daily candle below the invalidation level will invalidate this analysis. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
by behdark
Is an 11X in the cards for ALGO, taking price to $2.00 +?The days of "alt-coin season" are over, and we are now living in the time of Utility Season. Many cryptocurrencies that lack real-world utility simply didn't rally much, if at all, during the "Trump pump." Did you ever ask yourself why? Because the days of speculation are coming to an end, and the new era of utility is quickly becoming the law of crypto. Ninety-nine percent of cryptocurrencies will not survive what's coming, and if your chosen crypto isn't on the ISO 20022 list, then kiss it goodbye! ALGO will be one of the few chosen beneficiaries of Utility Token Season and is looking like the charts could indicate a run-up of around 11X to the $2.00+ level in the coming 6 to 9 months. Good luck, and always use a stop loss!
CRYPTO:ALGOUSDLong
by MetaShackle
$ALGOI consider two price ranges for the correction floor. The first range is around $0.1977, from which I suspect we might see a temporary bounce, but I believe this price range will not be the end of the price correction. The second range is around $0.1388, where I think we will see the end of the correction and a trend change. If the price reaches around the second range, the market will need a time correction. In the future, based on the events occurring in this dynamic market, a more comprehensive analysis will be provided. For now, my view on the EURONEXT:ALGO currency is as follows. I would be pleased to see your valuable and constructive comments below this analysis. Thank you for taking the time to read this analysis. I hope you have enjoyed it.
Short
by M2it2M