Recent price action has sent the weekly candle above this multi year triangle I have drawn on the chart here. I have left this wedge formation untouched for years. It has been interesting to see it following so well. With every day the sentiment towards seamless transactions and secured digital money are more of a reality. All while fiat is silently...
Algorand is at a historic moment regaining the 13.5 cent support area.
Weekly & Monthly chart are showing potential for a big rally.
This coins ATH is $3.15 or 23x the current price.
Take a look at that squeeze on the Bollinger Bands!
Price has been very suppressed on this project if you look at the larger timeframes. The boom/bust cycle symmetry is there...
I've had some lines drawn out for a while and looks like they have help up. The month and weekly chart are looking strong. Daily is flirting with the bulls. Could it be time? It doesn't seem like it but that only makes me question my doubt. Without risk comes no reward. Happy trails.
