Algorand (ALGO) looks promising in terms of growth. Cryptocurrency blockchain has been chosen as the official FIFA platform, launching an NFT marketplace for fan tokens last week. The football theme can be a constant driver of growth in the ALGO rate, given the World Cup starting in November.
While we were going to write you a review, the ALGO has grown by 4-5%.
We have a sharp dump on the news about FTX like all coins.
We have collected liquidity below support and are now trading higher which is a good sign, we are also seeing sell culmination.
On fundamental news we expect growth with targets of $0.34 $0.4 $0.47
The most positive scenario - growth $0.68
Cancellation of the scenario - price drops below $0.25
.
What impact will the World Cup have on Algo's price on your opinion?
While we were going to write you a review, the ALGO has grown by 4-5%.
We have a sharp dump on the news about FTX like all coins.
We have collected liquidity below support and are now trading higher which is a good sign, we are also seeing sell culmination.
On fundamental news we expect growth with targets of $0.34 $0.4 $0.47
The most positive scenario - growth $0.68
Cancellation of the scenario - price drops below $0.25
.
What impact will the World Cup have on Algo's price on your opinion?