Be patient with ALGOWeekly RSI is still right around 40, it has bounced off of that support multiple times, it's only a matter of time before support fails. This looks like a sort of BEAR flag to me. However if there's a market-wide rally I could see price action getting between 0.7 and 1.0 There could be a last wave in the current structure.
But ultimately, unless we see actual crypto/blockchain usage pick up, this is all still speculation.
I'd only fill my bags up again under two cents.
