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ALGO – Finally Getting the Retrace
Back at EURONEXT:ALGO —missed the lows, but finally seeing the retrace I’ve been waiting for.
Should’ve entered alongside CRYPTOCAP:HBAR , but this is the next best spot.
If this level doesn’t hold, we’re likely heading back below 20c, and many alts could retrace their entire impulse moves.
S
Algorand Algo usdt Daily analysis
Time frame daily
Risk rewards ratio >5.2 👈👌
Target =0.56 $
Double bottom pattern is created and algo pumped to the first target on 0.305
Daily candle closed over the target and 3 days was there for save energy of pump.
I guess next target is 0.6 $ and we have no resistan
Algorand (ALGO): Seeing Signs of RecoveryAlgorand has made a market structure break (MSB) on smaller timeframes, which is indicating a potential trend switch here.
Now in the current timeframe we are looking for a break of that 200 EMA, as once we see the buyers take full control over it, we will look for buyside movement so eyes on it!
ALGOUSDT Break Downtrend – Reversal in Progress or Just a Retest📊 Technical Analysis Overview:
The Algorand (ALGO) / Tether (USDT) pair has shown a notable technical development by successfully breaking above a medium-term descending trendline that has acted as resistance since early 2025.
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🔍 Pattern & Structure:
A clean breakout above the descending tren
ALGOUSDT Forming Bullish Flag ALGOUSDT is currently trading inside a well-defined bullish Flag pattern on the 4-hour chart, a structure known for its bullish breakout potential. The price recently tested a significant demand zone, which previously acted as a base for a strong upward move earlier in July.
Key Points:
Bullish Fl
ALGO Swing Trade – Waiting for Pullback to Key SupportAfter a 100%+ surge, ALGO is now retracing and approaching a critical support zone. A dip into this area could offer a strong entry for the next leg higher.
📌 Trade Setup:
• Entry Zone: $0.22 – $0.23
• Take Profit Targets:
o 🥇 $0.28 – $0.33
o 🥈 $0.45 – $0.50
• Stop Loss: Just below $0.19
ALGOUSDT Forming Bullish WaveALGOUSDT is currently demonstrating a Bullish Wave Pattern, a strong technical signal that often precedes a significant upward price movement. This pattern typically forms in trending markets, suggesting a series of higher highs and higher lows that indicate sustained buying interest. With this wave
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of Algorand / USD Tether (ALGO) is 0.2745 USDT — it has risen 1.70% in the past 24 hours. Try placing this info into the context by checking out what coins are also gaining and losing at the moment and seeing ALGO price chart.
Algorand / USD Tether price has risen by 16.26% over the last week, its month performance shows a 3.43% increase, and as for the last year, Algorand / USD Tether has increased by 128.56%. See more dynamics on ALGO price chart.
Keep track of coins' changes with our Crypto Coins Heatmap.
Keep track of coins' changes with our Crypto Coins Heatmap.
Algorand / USD Tether (ALGO) reached its highest price on Jan 4, 2022 — it amounted to 1.8482 USDT. Find more insights on the ALGO price chart.
See the list of crypto gainers and choose what best fits your strategy.
See the list of crypto gainers and choose what best fits your strategy.
Algorand / USD Tether (ALGO) reached the lowest price of 0.0820 USDT on Aug 17, 2023. View more Algorand / USD Tether dynamics on the price chart.
See the list of crypto losers to find unexpected opportunities.
See the list of crypto losers to find unexpected opportunities.
The safest choice when buying ALGO is to go to a well-known crypto exchange. Some of the popular names are Binance, Coinbase, Kraken. But you'll have to find a reliable broker and create an account first. You can trade ALGO right from TradingView charts — just choose a broker and connect to your account.
Crypto markets are famous for their volatility, so one should study all the available stats before adding crypto assets to their portfolio. Very often it's technical analysis that comes in handy. We prepared technical ratings for Algorand / USD Tether (ALGO): today its technical analysis shows the strong buy signal, and according to the 1 week rating ALGO shows the buy signal. And you'd better dig deeper and study 1 month rating too — it's strong buy. Find inspiration in Algorand / USD Tether trading ideas and keep track of what's moving crypto markets with our crypto news feed.
Algorand / USD Tether (ALGO) is just as reliable as any other crypto asset — this corner of the world market is highly volatile. Today, for instance, Algorand / USD Tether is estimated as 5.99% volatile. The only thing it means is that you must prepare and examine all available information before making a decision. And if you're not sure about Algorand / USD Tether, you can find more inspiration in our curated watchlists.
You can discuss Algorand / USD Tether (ALGO) with other users in our public chats, Minds or in the comments to Ideas.