Losing Dollar Value is one thing.
But losing 94% in 2 years vs #Ethereum is a second type of pain
That highlights the risk that abounds in #Crypto and the #altcoins
Can #Algo start making positive progress now?
Moment of truth for Algorand. Will it close above its recently re-gained trend line this week and this month? Above .30 with some sideways action would be ideal. Because if it does, it will have quite the bull run. If not, it may need to re-visit 14c and that would delay the structure. But so far so good!
Cheers!
After a pretty decent 30% profit from the last Short trade we've now got ourselves what looks like a profitable Long trade too! We've had a small fakeout on the bottom edge of this descending channel but the price was quickly restored to within range and now looks to be heading to the upper boundaries!
We should be able to bag at least 10% on this trade, all the...
$ALGO / Algorand with the clear break and hold under the .559 key level stretching back 3 years. Already a bit low for my liking, but target levels are as shown.
Invalidated with a close above .56 again.
As their have partnership now with FIFA, it can run and also football tokens as there is a world championship in Qatar this year.... worth to watch on new 2W candle... i am looking for long. PA looks decent here
NOT FINANCIAL ADVICE
Hello everybody
According to the chart you can see the price was done the cycle and now because of the distance of the price is a little far from static support line that we shown on chart (Yellow Box), We expect the price is coming to impact to the trendline support area then it can repeat the cycle and we are in the beginning of the cycle.
But if the price can...
Algo is ready, head and shoulders are formed previously and the neckline is broken. the price retested the neckline and it's ready for a bullish rally! take the chance! BINANCE:ALGOUSDT
💎Technical Analysis Summary💎
BINANCE: ALGOBTC
-Algorand is back trading around the key level of support
-Well, this is still good because the Bull defended this zone again
-But the fight is not yet over until the downward trendline is broken upward
-Yes, you can buy at key level but tight stop loss
-Or, wait for the trendline breakout to confirm that the trend...
💎Technical Analysis Summary💎
BINANCE: ALGOBTC
-Algorand is now testing a strong support area
-This zone is a confluence of previous resistance and support
-If ALGO can hold this area for a few days
-And BTC starts consolidating normally
-There is a chance, this coin will bounce up to 3500 sat
-But if the support fails, the next level to watch is 2000 sat
-So...
I strongly recommend you to try Algorand Wallet and its ecosystem. Best Pos (PPoS) I have ever experienced.
Transaction cost: $0.005
Transaction speed: Instant
Staking starts as soon as you move your tokens to Algorand Wallet so you don't really need to stake your tokens at a shady pool.
Nice explorer.
Great tools, tutorials and libraries for devs.
Defi and...
