We all know Algorand has best-in-class fundamentals. The DeFi ecosystem is flourishing, with accelerating TVL growth.
There are several Algorand launchpads coming online soon, which will help to further streamline and accelerate project launches and TVL growth.
Algorand Governance participation is super strong with around 4 B $ALGO committed, which is around 59%...
Technicals look healthy
- long term support at $0.67 has been confirmed
- RSI crossover followed by 7 week EMA turning up will confirm resumption of long-term uptrend
Fundamentals are far stronger since the start of the correction
- Algorand Governance TVL to be unlocked by AlgoFi and AlgoGard for DeFi
- Flurry of DeFi projects launching launching
- Algorand...
$ALGO is in a clear long-term uptrend.
It is now retesting the bottom of the rising channel.
MACD has bullish divergence. MACD is starting to reverse while price continued to slide down on lower volume.
Stochastic in extreme oversold territory.
Algorand's super bullish fundamentals will propel $ALGO to all new time highs.
Once escape velocity is achieved to all...
