After hitting the $2.50 area around two months ago, ALGO has been vastly asleep and price action was very low.
With today's massive break out, price action is back on the menu. I'm foreseeing a new ATH in the next couple of days, assuming BTC will not dump.
After that, price discovery is coming our way. The last price discovery phase resulted in a ~40% gain for ALGO, which would take the price to $3.60. We'll come back to this analysis once ALGO has made a new ATH in the near future.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.