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Algorand’s Next Bull Run : Can ALGO Reach $2.550?
#ALGO #algorand #ALGO_USDT #BinanceSquareFamily
#Write2Earn
$ALGO
Key Highlights :
Current Price : $0.3300
Trend : Breakout above a critical resistance level signals the beginning of a new bullish trend.
Setup : Price is currently within the Andrews Pitchfork buying zone, indicating a promising setup for buyers.
Technical Analysis :
Bullish Momentum :
Algorand’s breakout above $0.3300 indicates a potential rally toward $2.550, provided bullish momentum sustains.
Median Line Focus: The price often gravitates toward the median line of the Andrews Pitchfork, making it a pivotal entry point for buyers.
Resistance Levels :
Immediate : $0.500
Mid-term : $1.200
Long-term : $2.550
Support Levels :
Strong : $0.3300 (key breakout level)
Secondary : $0.2800
Pro Tip for Traders :
Wait for a retracement toward the median line of the Andrews Pitchfork before entering long positions. This provides a low-risk entry aligned with the bullish trend.
Advice for Investors :
For Short-term Traders :
Watch for price action near $0.500 for potential profit-taking or breakout confirmation.
For Long-term Investors :
Accumulate during retracements to capitalize on the projected $2.550 target, but maintain stop-losses below $0.2800.
Conclusion :
Algorand’s breakout above $0.3300 signals the start of a new bullish cycle. With the price aligned in the buying zone of the Andrews Pitchfork, the setup is highly favorable for a rally toward $2.550. However, patience is key—wait for retracements and validate momentum before entering positions.
#ALGO #algorand #ALGO_USDT #BinanceSquareFamily
#Write2Earn
$ALGO
Key Highlights :
Current Price : $0.3300
Trend : Breakout above a critical resistance level signals the beginning of a new bullish trend.
Setup : Price is currently within the Andrews Pitchfork buying zone, indicating a promising setup for buyers.
Technical Analysis :
Bullish Momentum :
Algorand’s breakout above $0.3300 indicates a potential rally toward $2.550, provided bullish momentum sustains.
Median Line Focus: The price often gravitates toward the median line of the Andrews Pitchfork, making it a pivotal entry point for buyers.
Resistance Levels :
Immediate : $0.500
Mid-term : $1.200
Long-term : $2.550
Support Levels :
Strong : $0.3300 (key breakout level)
Secondary : $0.2800
Pro Tip for Traders :
Wait for a retracement toward the median line of the Andrews Pitchfork before entering long positions. This provides a low-risk entry aligned with the bullish trend.
Advice for Investors :
For Short-term Traders :
Watch for price action near $0.500 for potential profit-taking or breakout confirmation.
For Long-term Investors :
Accumulate during retracements to capitalize on the projected $2.550 target, but maintain stop-losses below $0.2800.
Conclusion :
Algorand’s breakout above $0.3300 signals the start of a new bullish cycle. With the price aligned in the buying zone of the Andrews Pitchfork, the setup is highly favorable for a rally toward $2.550. However, patience is key—wait for retracements and validate momentum before entering positions.
Gravity Token $G is thrilled to announce a new partnership with Algorand $ALGO marking a significant milestone in our journey to innovate the DeFi space! To celebrate, we're launching a massive airdrop for everyone who has participated in staking $G This is your chance to benefit from the synergy of two powerful projects. Stay tuned for more updates and opportunities!
#crypto2024 #GravityToken #algorand #defi #Airdrops_free
#crypto2024 #GravityToken #algorand #defi #Airdrops_free
Feed-Creator-5e98a9f66:
代币2024
Algorand Foundation
--
Welcome to Day 12 of the 12 Days of AlgoMas Giveaway 🎅
We’re giving 5 people 500 $ALGO each 🎁
To win, RT, Like, and then follow 👇
@AlgorandFR
@AlgorandBrasil
@Algorand_NG
@AlgorandJapan
@AlgorandEs
@Algorand_Europe
@AlgorandChina
@Algorand_Spain
@AlgorandKorea
@Algorand_IE
We’re giving 5 people 500 $ALGO each 🎁
To win, RT, Like, and then follow 👇
@AlgorandFR
@AlgorandBrasil
@Algorand_NG
@AlgorandJapan
@AlgorandEs
@Algorand_Europe
@AlgorandChina
@Algorand_Spain
@AlgorandKorea
@Algorand_IE
See original
Algorand Foundation
--
Welcome to Day 12 of the 12 Days of AlgoMas Giveaway 🎅
We’re giving 5 people 500 $ALGO each 🎁
To win, RT, Like, and then follow 👇
@AlgorandFR
@AlgorandBrasil
@Algorand_NG
@AlgorandJapan
@AlgorandEs
@Algorand_Europe
@AlgorandChina
@Algorand_Spain
@AlgorandKorea
@Algorand_IE
We’re giving 5 people 500 $ALGO each 🎁
To win, RT, Like, and then follow 👇
@AlgorandFR
@AlgorandBrasil
@Algorand_NG
@AlgorandJapan
@AlgorandEs
@Algorand_Europe
@AlgorandChina
@Algorand_Spain
@AlgorandKorea
@Algorand_IE
See original
$ALGO #ALGORAND
Algorand Foundation
--
Welcome to Day 12 of the 12 Days of AlgoMas Giveaway 🎅
We’re giving 5 people 500 $ALGO each 🎁
To win, RT, Like, and then follow 👇
@AlgorandFR
@AlgorandBrasil
@Algorand_NG
@AlgorandJapan
@AlgorandEs
@Algorand_Europe
@AlgorandChina
@Algorand_Spain
@AlgorandKorea
@Algorand_IE
We’re giving 5 people 500 $ALGO each 🎁
To win, RT, Like, and then follow 👇
@AlgorandFR
@AlgorandBrasil
@Algorand_NG
@AlgorandJapan
@AlgorandEs
@Algorand_Europe
@AlgorandChina
@Algorand_Spain
@AlgorandKorea
@Algorand_IE
See original
Algorand Foundation
--
Welcome to Day 12 of the 12 Days of AlgoMas Giveaway 🎅
We’re giving 5 people 500 $ALGO each 🎁
To win, RT, Like, and then follow 👇
@AlgorandFR
@AlgorandBrasil
@Algorand_NG
@AlgorandJapan
@AlgorandEs
@Algorand_Europe
@AlgorandChina
@Algorand_Spain
@AlgorandKorea
@Algorand_IE
We’re giving 5 people 500 $ALGO each 🎁
To win, RT, Like, and then follow 👇
@AlgorandFR
@AlgorandBrasil
@Algorand_NG
@AlgorandJapan
@AlgorandEs
@Algorand_Europe
@AlgorandChina
@Algorand_Spain
@AlgorandKorea
@Algorand_IE
Algorand (ALGO) Price Target : Navigating Key Levels
#ALGO #ALGORAND #ALGO/USDT #Write2Earn
#BinanceSquareFamily
$ALGO
Current Analysis :
Algorand (ALGO) is forming a measured move based on a breakdown area and retracement, projecting a price target between $0.13 and $0.16.
Technical Pattern : The analysis leverages the Head and Shoulders (H&S) structure and aligns with broader crypto retracements observed in similar market conditions.
Timeframe : The 4-hour chart indicates short-to-mid-term price movements, so consider this perspective when trading.
Market Context : Broader predictions suggest a crypto rally pre-election, with Bitcoin potentially hitting $73,000–$76,000, which could positively impact ALGO's trajectory.
Support Levels : Critical support lies near $0.12, serving as a safety net for potential dips.
Resistance Levels : First resistance at $0.15, with $0.16 acting as a pivotal short-term target.
Pro Tip :
Focus on short-term trades for ALGO while monitoring macro-level Bitcoin movements to align trades with market momentum.
Avoid over-leveraging, as retracements in the $0.13–$0.16 range may face volatility.
Conclusion :
Algorand’s projected move to $0.13–$0.16 aligns with broader market retracement trends. The pre-election crypto surge may act as a catalyst. Approach trades with proper risk management and keep an eye on Bitcoin as a leading indicator. DYOR always.
#ALGO #ALGORAND #ALGO/USDT #Write2Earn
#BinanceSquareFamily
$ALGO
Current Analysis :
Algorand (ALGO) is forming a measured move based on a breakdown area and retracement, projecting a price target between $0.13 and $0.16.
Technical Pattern : The analysis leverages the Head and Shoulders (H&S) structure and aligns with broader crypto retracements observed in similar market conditions.
Timeframe : The 4-hour chart indicates short-to-mid-term price movements, so consider this perspective when trading.
Market Context : Broader predictions suggest a crypto rally pre-election, with Bitcoin potentially hitting $73,000–$76,000, which could positively impact ALGO's trajectory.
Support Levels : Critical support lies near $0.12, serving as a safety net for potential dips.
Resistance Levels : First resistance at $0.15, with $0.16 acting as a pivotal short-term target.
Pro Tip :
Focus on short-term trades for ALGO while monitoring macro-level Bitcoin movements to align trades with market momentum.
Avoid over-leveraging, as retracements in the $0.13–$0.16 range may face volatility.
Conclusion :
Algorand’s projected move to $0.13–$0.16 aligns with broader market retracement trends. The pre-election crypto surge may act as a catalyst. Approach trades with proper risk management and keep an eye on Bitcoin as a leading indicator. DYOR always.
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#algorand will grow because this is a network for cryptocurrency transfers. Types of MasterCard or Visa. There is potential.
ALGO/USDT technical analysis... 🧐🧐
$ALGO
ALGO/USDT shows potential for a bullish breakout after the retracement phase. The support at $0.3099 USDT offers a strong buying opportunity, with targets at $0.4960 USDT and $0.8059 USDT. The price action around the key Fibonacci levels will determine the next direction.
📈LONG: $ALGO (1D)
#ALGOUSDT | #ALGO | #Algorand
Current Price $0.33
Market Cap $2.85B
Change 1h -3.45% | 24h +10.54%
Daily Indicators:
• RSI: 43 - Neutral 🟠
• MACD: 0.00 - Bullish 🟢
• EMA: 0.37 - Trading Below 🔴
Analysis:
ALGO/USDT is showing promising signs for a bullish breakout after its recent pullback. The retracement provides a potential buying opportunity around $0.3099 USDT. Keep an eye on key Fibonacci levels that might dictate upward momentum.
Price Targets:
Look for ALGO to target $0.4960 USDT and $0.8059 USDT on the upside. These price points align with Fibonacci extensions, providing promising potential for gains if the trend continues upward.
Algorand's community: @Algorand Foundation #BTCNextMove #USUALBullRun
ALGO/USDT shows potential for a bullish breakout after the retracement phase. The support at $0.3099 USDT offers a strong buying opportunity, with targets at $0.4960 USDT and $0.8059 USDT. The price action around the key Fibonacci levels will determine the next direction.
📈LONG: $ALGO (1D)
#ALGOUSDT | #ALGO | #Algorand
Current Price $0.33
Market Cap $2.85B
Change 1h -3.45% | 24h +10.54%
Daily Indicators:
• RSI: 43 - Neutral 🟠
• MACD: 0.00 - Bullish 🟢
• EMA: 0.37 - Trading Below 🔴
Analysis:
ALGO/USDT is showing promising signs for a bullish breakout after its recent pullback. The retracement provides a potential buying opportunity around $0.3099 USDT. Keep an eye on key Fibonacci levels that might dictate upward momentum.
Price Targets:
Look for ALGO to target $0.4960 USDT and $0.8059 USDT on the upside. These price points align with Fibonacci extensions, providing promising potential for gains if the trend continues upward.
Algorand's community: @Algorand Foundation #BTCNextMove #USUALBullRun
🚀 $ALGO aims to achieve speed, scalability, and security in blockchain. Will Algorand surprise the market? 🤔
#ALGORAND #blockchaininnovation #BinanceSquareFamily
#ALGORAND #blockchaininnovation #BinanceSquareFamily
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WHY HAS ALGORAND GROWED FIVE TIMES?
New Coinbase Tools
Coinbase International, a division of the American crypto exchange of the same name, intended for users outside the United States, announced in early December the listing of perpetual futures on four cryptocurrencies, one of which was Algorand. The new instruments became available for trading on December 12. It should be noted that derivatives turned out to be an important driving force behind Algorand's growth in November.
Coinbase International, a division of the American crypto exchange of the same name, intended for users outside the United States, announced in early December the listing of perpetual futures on four cryptocurrencies, one of which was Algorand. The new instruments became available for trading on December 12. It should be noted that derivatives turned out to be an important driving force behind Algorand's growth in November.
Algorand (ALGO) Gains Momentum Ahead Of Key Breakout: Are More Gains Ahead?
Date: Tue, Dec 17, 2024, 10:40 AM GMT
The cryptocurrency market is witnessing bullish rallies across the board, with Bitcoin (BTC) reaching a historic milestone, hitting its new all-time high of $107,000 today. Riding the bullish wave, Algorand (ALGO) has emerged as one of the standout altcoins, delivering an impressive rally of 118% over the last 30 days.
As of writing, ALGO is up over 4% today, trading at $0.425 with a market cap of $3.5 billion. The growing momentum and a significant chart formation signal a potential key breakout in the coming sessions.
Source: Coinmarketcap
Key Breakout Ahead:
After reaching a peak of $0.6144 on December 6, $ALGO entered a correction phase and consolidated within a Symmetrical Triangle—a pattern often signaling an imminent breakout.
Currently, ALGO has rebounded strongly from its lower support levels and is trading close to the descending resistance line of the triangle. The price is also near a key horizontal resistance zone at $0.44.
What’s Next If ALGO Breaks Out?
If ALGO makes a breakout from this descending resistance line and crosses above $0.44, it could confirm the breakout. This move would likely push ALGO towards its near resistance levels of:
$0.48 & $0.53 as the immediate resistance,
A decisive move above these levels would pave the way for ALGO to retest its recent high of $0.61, representing an additional upside of 44% from its current price.
Are More Gains Ahead?
The broader altcoin market, including notable players like XRP and XLM, is showing strong bounce-backs with key breakouts today. Earlier in last month, these tokens have moved in tandem with ALGO during bullish rallies. If ALGO follows suit and successfully breaks out from its current resistance zone, further gains could be on the horizon.
The technical setup, combined with rising market momentum and improving investor sentiment, positions Algorand as one of the top altcoins to watch for potential explosive growth in the short term.
Conclusion
Algorand’s price movement signals that it is on the cusp of a major breakout. Investors and traders will be closely watching the $0.44 level as a confirmation point for further bullish moves. If successful, ALGO could revisit its recent highs and extend its rally, offering strong returns.
Get more updates at: coinsprobe.com
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.
#Algorand #NFA
The cryptocurrency market is witnessing bullish rallies across the board, with Bitcoin (BTC) reaching a historic milestone, hitting its new all-time high of $107,000 today. Riding the bullish wave, Algorand (ALGO) has emerged as one of the standout altcoins, delivering an impressive rally of 118% over the last 30 days.
As of writing, ALGO is up over 4% today, trading at $0.425 with a market cap of $3.5 billion. The growing momentum and a significant chart formation signal a potential key breakout in the coming sessions.
Source: Coinmarketcap
Key Breakout Ahead:
After reaching a peak of $0.6144 on December 6, $ALGO entered a correction phase and consolidated within a Symmetrical Triangle—a pattern often signaling an imminent breakout.
Currently, ALGO has rebounded strongly from its lower support levels and is trading close to the descending resistance line of the triangle. The price is also near a key horizontal resistance zone at $0.44.
What’s Next If ALGO Breaks Out?
If ALGO makes a breakout from this descending resistance line and crosses above $0.44, it could confirm the breakout. This move would likely push ALGO towards its near resistance levels of:
$0.48 & $0.53 as the immediate resistance,
A decisive move above these levels would pave the way for ALGO to retest its recent high of $0.61, representing an additional upside of 44% from its current price.
Are More Gains Ahead?
The broader altcoin market, including notable players like XRP and XLM, is showing strong bounce-backs with key breakouts today. Earlier in last month, these tokens have moved in tandem with ALGO during bullish rallies. If ALGO follows suit and successfully breaks out from its current resistance zone, further gains could be on the horizon.
The technical setup, combined with rising market momentum and improving investor sentiment, positions Algorand as one of the top altcoins to watch for potential explosive growth in the short term.
Conclusion
Algorand’s price movement signals that it is on the cusp of a major breakout. Investors and traders will be closely watching the $0.44 level as a confirmation point for further bullish moves. If successful, ALGO could revisit its recent highs and extend its rally, offering strong returns.
Get more updates at: coinsprobe.com
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.
#Algorand #NFA