Key stats
Buy $ALGOBuying EURONEXT:ALGO has peaked through Macro resistance for the first time in a long time, and it is an awesome blockchain!
ALGO Bullrun 2024-25 TP ZonesAlgorand could easily get back to ATH by summer 2025 with the right macro influences. I would like to see ALGO hit 3 TP targets this bullrun. We aren't far from the first TP target, and ALGO is coming off of a textbook W double bottom formation. Let's see what happens.
ALGO - Shakeout / Accumulation / Bull MarketALGO looks like a tight accumulation here and it may have a big pop to join that party with other ISO20022 coins XLM XRP XDC.
Liquidity SRP Shakeout Reversal Pattern at ATL All Time Low complete and now it would appear it is ready to move on up.
ALGO is a big deal ISO20022 coin and this is pr
Watching $ALGO chart the next few weeksI'll be watching Algorand over the next few weeks on the weekly chart. A weekly close above .30 would signal a .65 target.
Go Algorand!
Algorand nearing 2 targetsThe triangle breakout target(dotted pink line) and the inverse head and shoulder target (dotted grey line). The speculation that Trump would do away with capital gains taxes on US cryptos may be fueling the current momentum. *not financial advice*
Inverse head and shoulders and golden cross on algorandMuch like litecoin’s current setup, algorand is also in the midst of completing the right shoulder of its inverse head and shoulders pattern as a golden cross is set to occur in the next 2 -4 daily candles. Hopefully the golden cross on both algorand and litecoin provide the same bullish momentum we
#ALGORAND Vs #ETH - When is Cheap actually a good entry buy.Losing Dollar Value is one thing.
But losing 94% in 2 years vs #Ethereum is a second type of pain
That highlights the risk that abounds in #Crypto and the #altcoins
Can #Algo start making positive progress now?
ALGORANDIf ALGO closes weekly above 0.30 and manages to hold this levels , we can see a huge rally towards the next resistance area which is 0.80. Make sure to have proper alerts as this can happen fast.
Risk vs Rewardtaking into account it could be a broadening wedge. this position look like a very good Risk vs Reward kind of play.
Next immediate target could be around the 0.42 region
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