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coinpedia 2023-08-07 14:01:45

ALGO Price Analysis: Triangle Breakout Marks Grand Bullish in Algorand Price!

The post ALGO Price Analysis: Triangle Breakout Marks Grand Bullish in Algorand Price! appeared first on Coinpedia Fintech News Despite a declining trend, ALGO prices are down 96.62% from the all-time high of $3.28. However, the remarkable buying pressure at the psychological mark of $0.10 led to solid bottom support. ALGO price action formed a descending triangle pattern with constant resistance from the 50-day EMA and the resistance trendline. However, the multiple bouncebacks from …

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