Algorand's Community Governance is now here, started October 1st, 2021; and at the time of writing this it has:
14,750 Governors and 144,590,183.078 Algo Committed to be staked.
Algo is breaking out of a larger bull flag pattern/descending triangle (related published idea listed below).
Now testing a smaller descending triangle (R.S.I Divergence showing Bullish signals).
Price Target $2.75-$3.00.
support/floor at $1.50 with resistance at $2.00.
14,750 Governors and 144,590,183.078 Algo Committed to be staked.
Algo is breaking out of a larger bull flag pattern/descending triangle (related published idea listed below).
Now testing a smaller descending triangle (R.S.I Divergence showing Bullish signals).
Price Target $2.75-$3.00.
support/floor at $1.50 with resistance at $2.00.