Algorand (ALGO): Waiting For Breakout | Good Buy Opportunity!ALGO is still sitting in a sweet spot despite the recent dip we’ve seen. The structure remains the same — price is hovering near a key area where historically, each proper breakout from here has led to strong upside moves.
As always, patience is key. We’ll be waiting for that breakout confirmation,
Related pairs
ALGOUSDT - this will go uphi traders,
The chart shows ALGO/USDT forming a descending triangle pattern over the past year, with a series of lower highs and a relatively flat support line around the $0.18–$0.19 level. The price is currently near the apex of the triangle, suggesting a potential breakout point is approaching.
ALGO/USDT –Between Capitulation or Massive Reversal Zone?ALGO is now trading at one of the most decisive zones in recent years, a major historical support area between 0.17–0.135 — a battle zone between buyers and sellers since 2020.
Each time the price tapped this area, the market reacted with a strong reversal, signaling heavy accumulation by smart mone
$ALGO- ride to 97c then do what you wantwas lagging now looking better than ada
basically gone in for these 3 the A team and a few degen plays with low caps
again in mid zone and we need some loving to pump this
sunday nite may get a liquidity grab
either way domi is still hovering in supply zone need it to loose 57%ish
after th
ALGO Setup: Watching $0.15 for Potential Long OpportunityWe're eyeing ALGO/USD for a potential retest of the $0.15 support zone, which could act as a springboard for a bullish reversal on higher timeframes. This zone has historically provided strong demand, and another touch could offer a high-probability entry — though patience is key as we wait for conf
ALGOUSDT 1D#ALGO is moving inside a descending channel on the daily chart. In case of a breakout above the channel resistance and the daily SMA50, the potential targets are:
🎯 $0.2144
🎯 $0.2404
🎯 $0.2614
🎯 $0.2824
🎯 $0.3123
🎯 $0.3504
⚠️ Always remember to use a tight stop-loss and maintain proper risk manage
#ALGO/USDT - this will go up#ALGO
The price is moving within an ascending channel on the 1-hour timeframe and is adhering to it well. It is poised to break out strongly and retest the channel.
We have a downtrend line on the RSI indicator that is about to break and retest, which supports the upward move.
There is a key supp
ALGO – Reversal from the Final Support ZoneLike most altcoins, Algorand also ended Friday’s crash by touching its final support zone, then strongly reversed.
After dropping to 0.10, the coin rebounded sharply and reclaimed the next key level at 0.15.
Currently trading around 0.20, ALGO is showing early signs of stabilization. If the overall
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of Algorand / TetherUS (ALGO) is 0.1753 USDT — it has risen 0.22% in the past 24 hours. Try placing this info into the context by checking out what coins are also gaining and losing at the moment and seeing ALGO price chart.
Algorand / TetherUS price has fallen by −3.02% over the last week, its month performance shows a −20.17% decrease, and as for the last year, Algorand / TetherUS has increased by 52.83%. See more dynamics on ALGO price chart.
Keep track of coins' changes with our Crypto Coins Heatmap.
Keep track of coins' changes with our Crypto Coins Heatmap.
Algorand / TetherUS (ALGO) reached its highest price on Jun 22, 2019 — it amounted to 3.4400 USDT. Find more insights on the ALGO price chart.
See the list of crypto gainers and choose what best fits your strategy.
See the list of crypto gainers and choose what best fits your strategy.
Algorand / TetherUS (ALGO) reached the lowest price of 0.0820 USDT on Aug 17, 2023. View more Algorand / TetherUS dynamics on the price chart.
See the list of crypto losers to find unexpected opportunities.
See the list of crypto losers to find unexpected opportunities.
The safest choice when buying ALGO is to go to a well-known crypto exchange. Some of the popular names are Binance, Coinbase, Kraken. But you'll have to find a reliable broker and create an account first. You can trade ALGO right from TradingView charts — just choose a broker and connect to your account.
Crypto markets are famous for their volatility, so one should study all the available stats before adding crypto assets to their portfolio. Very often it's technical analysis that comes in handy. We prepared technical ratings for Algorand / TetherUS (ALGO): today its technical analysis shows the sell signal, and according to the 1 week rating ALGO shows the strong sell signal. And you'd better dig deeper and study 1 month rating too — it's sell. Find inspiration in Algorand / TetherUS trading ideas and keep track of what's moving crypto markets with our crypto news feed.
Algorand / TetherUS (ALGO) is just as reliable as any other crypto asset — this corner of the world market is highly volatile. Today, for instance, Algorand / TetherUS is estimated as 3.61% volatile. The only thing it means is that you must prepare and examine all available information before making a decision. And if you're not sure about Algorand / TetherUS, you can find more inspiration in our curated watchlists.
You can discuss Algorand / TetherUS (ALGO) with other users in our public chats, Minds or in the comments to Ideas.









