Algorand (ALGO): Seems More of a Liquidity Grab | We WaitCurrent movement on markets seems a little suspicious, where markets are dipping hard, yet for example, on ALGO, we do not see any proper signs.
We are expecting to see soon a bounce to upper zones to form another local hight from where we will be looking for a correctional movement, but for now w
Key data points
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Looks like there's nothing to report right now
Algorand 5X Lev. Full PREMIUM Trade-Numbers (PP: 1500%)This is an unusual pair for us to approach with leverage, the last time we opened a LONG on ALGOUSDT was in August 2023. Market conditions are different today.
Back then, prices were trading at the bottom before the recovery, so we were predicting the trend reversal and bullish breakout. Today, the
Algorand to $1Pattern Overview
A textbook bull flag formation has materialised and appears to be have confirmed support on past resistance. The pattern shows the classic characteristics of a strong impulse move followed by a controlled consolidation phase.
Key Technical Elements
Flag Formation Structure:
I
ALGO/USDT – Breakout Trade Setup (Daily Timeframe)BINANCE:ALGOUSDT has officially broken out of a multi-month descending channel, signaling a shift in trend. After several failed attempts, price action finally pushed above both the channel resistance and the 50-day EMA (~$0.2197), confirming renewed bullish momentum.
Following the breakout, ALGO
Algorand (ALGO): Market Structure Break | Getting Ready to ShortAlgorand seems to form a proper MSB formation where we might catch a good downward movement once we see either a breakdown from current zones or a successful re-test from EMAs on a 30M timeframe.
More in-depth info is in the video—enjoy!
Swallow Team
How To Spot The Next Big Algorand Crypto Move!In the fast-paced world of crypto trading, many traders gravitate toward intraday and scalping strategies, chasing quick profits while often ignoring the powerful signals presented by higher timeframes. Yet, the smart money — institutional players, whales, and seasoned swing traders — operate differ
ALGO Approaches Bull Flag Resistance – Breakout Imminent?🔥 EURONEXT:ALGO – Bullish Flag Setup (Daily TF)
ALGO is gearing up to test the flag resistance on the daily timeframe 📊
📈 If price breaks out with strong volume, it could trigger the next leg upward 🚀
⏳ Price action is tightening — a breakout or rejection looks imminent.
👀 Stay focused — this se
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of Algorand / TetherUS (ALGO) is 0.2202 USDT — it has fallen −0.81% in the past 24 hours. Try placing this info into the context by checking out what coins are also gaining and losing at the moment and seeing ALGO price chart.
Algorand / TetherUS price has fallen by −0.14% over the last week, its month performance shows a −2.93% decrease, and as for the last year, Algorand / TetherUS has increased by 11.74%. See more dynamics on ALGO price chart.
Keep track of coins' changes with our Crypto Coins Heatmap.
Keep track of coins' changes with our Crypto Coins Heatmap.
Algorand / TetherUS (ALGO) reached its highest price on Jun 22, 2019 — it amounted to 3.4400 USDT. Find more insights on the ALGO price chart.
See the list of crypto gainers and choose what best fits your strategy.
See the list of crypto gainers and choose what best fits your strategy.
Algorand / TetherUS (ALGO) reached the lowest price of 0.0820 USDT on Aug 17, 2023. View more Algorand / TetherUS dynamics on the price chart.
See the list of crypto losers to find unexpected opportunities.
See the list of crypto losers to find unexpected opportunities.
The safest choice when buying ALGO is to go to a well-known crypto exchange. Some of the popular names are Binance, Coinbase, Kraken. But you'll have to find a reliable broker and create an account first. You can trade ALGO right from TradingView charts — just choose a broker and connect to your account.
Crypto markets are famous for their volatility, so one should study all the available stats before adding crypto assets to their portfolio. Very often it's technical analysis that comes in handy. We prepared technical ratings for Algorand / TetherUS (ALGO): today its technical analysis shows the sell signal, and according to the 1 week rating ALGO shows the sell signal. And you'd better dig deeper and study 1 month rating too — it's neutral. Find inspiration in Algorand / TetherUS trading ideas and keep track of what's moving crypto markets with our crypto news feed.
Algorand / TetherUS (ALGO) is just as reliable as any other crypto asset — this corner of the world market is highly volatile. Today, for instance, Algorand / TetherUS is estimated as 3.13% volatile. The only thing it means is that you must prepare and examine all available information before making a decision. And if you're not sure about Algorand / TetherUS, you can find more inspiration in our curated watchlists.
You can discuss Algorand / TetherUS (ALGO) with other users in our public chats, Minds or in the comments to Ideas.