spiritedBear89562

History doesn't repeat, but it rhymes

COINBASE:ALGOUSD   Algorand
A little Saturday afternoon Hopium.

The last 2 cycles for Algorand saw 650% and 730% rises, followed by a 70% and 55% fall.

If we take both of these cycles and extrapolate – we're looking at a $6.40 price target near the end of June with a likely correction trough July down to $2.55 after.

Just gotta zoom out sometimes.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.