Algorand is testing $2.00-$2.16 with a temporary ceiling at $2.22. The ceiling could have been caused by multiple or several large sell orders placed at this price marker. Floor at $1.86 with support at $2.00.
Additional Notes: Algorand's Community Governance goes into effect on October 1st, 2021.
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Algorand is holding steady between $2.00-$1.86 during this market decline. This could be Algo's new "floor." Price Target $2.40-$2.50 by 09-23-2021