Compare with Algorand / British Pound
ALGO to the bottomPotential that this is a support level for ALGO.
- Appears oversold on both weekly and daily Stochastic RSI charts.
- bottom of a downward channel
However
- its already broken a previous long term support and the next 'obvious' one is quite far down , the previous All time low. I think if it hit
Downward trend predictionAs the chart shows, this is how I think the price of Algorand will roughly play out in the coming weeks. I think it is more likely that the ascending channel will conclude with the downward trend being resumed contrary to popular belief. That being said, there is always a chance the price does go to
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
Oscillators
Neutral
Summary
Neutral
Summary
Neutral
Summary
Neutral
Moving Averages
Neutral
Moving Averages
Neutral
Displays a symbol's price movements over previous years to identify recurring trends.








