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ALGO’s Next Increase Could Take It All the Way to $1
In brief
There is support and resistance at $0.285 and $0.435, respectively.
Technical indicators in the daily time-frame are bullish.
The price could soon begin a bullish wave 5.
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Even though the Algorand (ALGO) price has been decreasing for nearly a month, technical indicators and the most likely wave count indicate that the price is nearing a reversal. Top Of The Trading Range The ALGO price has been decreasing since it reached a high of $0.76 on Aug. 14. The price reached a low of $0.316 on Sept. 5 and bounced upwards. Currently, the price is trading very
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