Algorand ($ALGO ) Trend: Bearish. Support: $0.30. Resistan | harisrahman on Binance Square

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Algorand ($ALGO )
Trend: Bearish.
Support: $0.30. Resistance: $0.38.
Target: $0.40.
Focus: Evaluate recovery signs near $0.38 before considering upward targets.

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

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$PIVX , focused on privacy and security, could see a target around $0.40 the privacy-focused crypto platforms gain more adoption. $STEEM , a content and social media blockchain, may target $0.30 if its ecosystem expands and gains more traction among creators and users. $SYN , which connects various blockchain ecosystems, could aim for $0.90 its cross-chain capabilities continue to drive adoption and its platform grows in popularity.

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$SUPER , a DeFi platform focusing on NFTs and digital collectibles, may target around $2 if NFT and DeFi markets continue their upward momentum. $KDA , with its high throughput blockchain designed for scalable decentralized apps, could aim for $1.5 if it attracts more developers and enterprise solutions, capitalizing on its scalability. $BETA , which facilitates decentralized lending and borrowing, might target $0.055 if the DeFi lending sector continues to see growth and more users adopt its ecosystem.

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SushiSwap ($SUSHI ): $SUSHI is in a neutral-to-bullish trend, with support at $1.40 and resistance at $1.80, targeting $1.90. The coin benefits from growing interest in decentralized exchanges and liquidity provision.

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Zcash ($ZEC ): $ZEC shows a neutral trend, with support at $50.00 and resistance at $55.00, aiming for $76.00. $ZEC ’s privacy features remain a strong driver, but it needs a breakout above $55.00 to see significant upward movement.

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Synthetix ($SNX ): $SNX is in a neutral-to-bullish trend, holding support at $2.00 and facing resistance at $2.75, targeting $3.00. The decentralized synthetic assets platform could see price appreciation with stronger DeFi interest.

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