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spiritedBear89562
Apr 12, 2021 11:50 PM

2 long lines of resistance collide 

Algorand / United States DollarCoinbase

Description

We have 2 lines of resistance that have been held mostly as an upper and lower line of support for the past month which will cross in 3 days. That combined with the 0.618 fib line at $1.47 that has finally flipped to support we should see solid movement up to $1.65 where it may get retested and then price should challenge $1.85 again as there aren't any remaining levels of resistance that would otherwise hold ALGO back.
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