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trader_tolga
May 11, 2021 4:06 PM

ALGO update (still bullish) Long

Algorand / United States DollarCoinbase

Description

Despite the recent pullback, I am still bullish on ALGO. It will be a long run to get to my target (and there will be several pullbacks in the way) but my target price is still $1.80.

$1.46 is a resistance ALGO needs to break before it makes its run.

Comment

ALGO has a lot of potential with its infrastructure. These variations between $1.40 and $1.50 is not indication of weakness but rather its strength. With the staking opportunity, ALGO is a prime cryptocurrency to go long.
Comments
trader_tolga
We are still holding ALGO
benjo93
Yeah I think current support is at around 1.40, hopefully a break out of 1.46 will trigger a run up to 1.80ish
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