As you can see from the chart, the growth of the ALGO coin is supported by large volumes - this is a good sign. On the other hand, the parabolic growth has almost become vertical, that is, the final upward spike is not far off.
As long as the price of ALGOUSDT is below $1.15, it is more likely that the price will push below $0.85, and then will follow the arrows.
Fixing above $1.15 will give a chance to shoot the ALGOUSD price up to $1.50-1.55, and reach about half of 2019 absolute maximum. _______________________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)