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.
Agree with the analyses but I see a peak in mid August before the Sept. 1 staking rewards if it follows previous cycles.
Nice333
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I like the analysis. Yesterday I thought we were off to $2.59 A bit disappointing but this message helps me to stay the course. Someday I want to have a lot of ALGO when it finally makes it to the moon.