marcosdaunte

Algorand (possible break to $3.00)

Long
marcosdaunte Updated   
KRAKEN:ALGOUSD   Algorand
The Salt Conference in N.Y is setting up the Crypto Space for heavy volume and adoption. Algorand is holding steady at $2.00, and could see an uptrend within the next 48-72 hours.

Chart Patterns: Algo is forming a nice cup and handle pattern, and could see a drop to $2.00 (which would be the new "floor.) Price target is around $2.75-$3.00 per Algo.
Comment:
Algorand is currently testing the bottom of the handle? Could we see a move up to $2.75-$3.00 next? The Salt Conference in N.Y has ended, and this could very-well bring heavy volume into the crypto space, with Algo being a key-backbone to the ever-developing ecosystem.

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