ALGORAND
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Will ALGO Hit $1? ALGOETF Speculation Sparks Buzz, Domain Listed for $3,100!
The Algorand community is buzzing with excitement as speculation around an ALGOETF gains momentum. Adding fuel to the fire, the domain "algoetf.algo" has been listed for sale on NFDomains, the official Algorand-based marketplace for Non-Fungible Domains (NFDs). The asking price? A whopping 7,786 $ALGO (valued at $3,100).
NFDomains transforms wallet addresses into unique, readable identities built on the lightning-fast #ALGORAND blockchain.
Could this be the start of something bigger for ALGO? 🌟
Let's see who grab that Domain first
#ALGO $ALGO
The Algorand community is buzzing with excitement as speculation around an ALGOETF gains momentum. Adding fuel to the fire, the domain "algoetf.algo" has been listed for sale on NFDomains, the official Algorand-based marketplace for Non-Fungible Domains (NFDs). The asking price? A whopping 7,786 $ALGO (valued at $3,100).
NFDomains transforms wallet addresses into unique, readable identities built on the lightning-fast #ALGORAND blockchain.
Could this be the start of something bigger for ALGO? 🌟
Let's see who grab that Domain first
#ALGO $ALGO
User-Salaar:
X account is on strike
Algorand: A Pure-Proof-of-Stake Pioneer
A New Era of Decentralization
In the ever-evolving landscape of blockchain technology, Algorand emerges as a beacon of innovation, offering a pure proof-of-stake (PoS) solution that prioritizes decentralization, security, and scalability. Led by renowned cryptographer Silvio Micali, Algorand aims to revolutionize the way we think about blockchain networks.
A Pure-Proof-of-Stake Paradigm
Algorand's unique pure proof-of-stake mechanism ensures that every participant in the network has an equal opportunity to contribute to the consensus process. This democratic approach eliminates the need for energy-intensive mining and fosters a truly decentralized ecosystem.
Key Advantages of Algorand;
Scalability: Algorand's innovative consensus mechanism enables it to process a high number of transactions per second, making it suitable for real-world applications.
Security: Built on rigorous cryptographic foundations, Algorand offers unparalleled security and protection against attacks.
Decentralization: By fostering a truly decentralized network, Algorand ensures that no single entity can control or manipulate the system.
Sustainability: Algorand's energy-efficient consensus mechanism reduces its environmental impact, making it a more sustainable choice.
The Future of Blockchain
Algorand is not just a blockchain; it's a vision for a future where decentralized technologies can transform industries and empower individuals. With its focus on security, scalability, and decentralization, Algorand is poised to play a pivotal role in shaping the future of blockchain.
#ALGORAND #ALGO/USDT #Algousdt #decentralization #TrendingTopic $ALGO @Algorand Foundation @EliteDailySignals
Crypto of the month (November) will be listed in the description 1st December.
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A New Era of Decentralization
In the ever-evolving landscape of blockchain technology, Algorand emerges as a beacon of innovation, offering a pure proof-of-stake (PoS) solution that prioritizes decentralization, security, and scalability. Led by renowned cryptographer Silvio Micali, Algorand aims to revolutionize the way we think about blockchain networks.
A Pure-Proof-of-Stake Paradigm
Algorand's unique pure proof-of-stake mechanism ensures that every participant in the network has an equal opportunity to contribute to the consensus process. This democratic approach eliminates the need for energy-intensive mining and fosters a truly decentralized ecosystem.
Key Advantages of Algorand;
Scalability: Algorand's innovative consensus mechanism enables it to process a high number of transactions per second, making it suitable for real-world applications.
Security: Built on rigorous cryptographic foundations, Algorand offers unparalleled security and protection against attacks.
Decentralization: By fostering a truly decentralized network, Algorand ensures that no single entity can control or manipulate the system.
Sustainability: Algorand's energy-efficient consensus mechanism reduces its environmental impact, making it a more sustainable choice.
The Future of Blockchain
Algorand is not just a blockchain; it's a vision for a future where decentralized technologies can transform industries and empower individuals. With its focus on security, scalability, and decentralization, Algorand is poised to play a pivotal role in shaping the future of blockchain.
#ALGORAND #ALGO/USDT #Algousdt #decentralization #TrendingTopic $ALGO @Algorand Foundation @EliteDailySignals
Crypto of the month (November) will be listed in the description 1st December.
Follow us for quality crypto insight and Trending assets.
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📣📣Extra Report📣📣
🔥🔥Current Dynamics🔥🔥
#ALGO ALGO Current Trend Analysis:
At the 1-hour, 2-hour and 4-hour levels, the market is in the empty zone.
Pay special attention to the daily long and short price: near 0.1887. As long as the price remains above this price, the long position opportunity still exists. 🔥🔥🔥Find the author Cfst888
At the same time, you need to pay attention to the following pressure levels: near 0.1927, 0.1963 and 0.2011.
If the price fails to break through the daily long and short price, you need to be alert to the possibility of short positions dominating. At this time, you should pay attention to the following support levels: near 0.1836, 0.1815 and 0.1751.
🚨🚨🚨Please note, traders! When participating in contract trading, be sure to give priority to defensive strategies before seeking profit growth. Only under the premise of ensuring risk control can you make steady profits.
Please follow me, please read the comments to find an assistant, join us and provide free live broadcast guidance every week to help you better master relevant knowledge and skills. #ALGO.智能策略库🥇🥇 #ALGO、每日智能策略 #ALGO—24小时交易策略 #ALGORAND
🔥🔥Current Dynamics🔥🔥
#ALGO ALGO Current Trend Analysis:
At the 1-hour, 2-hour and 4-hour levels, the market is in the empty zone.
Pay special attention to the daily long and short price: near 0.1887. As long as the price remains above this price, the long position opportunity still exists. 🔥🔥🔥Find the author Cfst888
At the same time, you need to pay attention to the following pressure levels: near 0.1927, 0.1963 and 0.2011.
If the price fails to break through the daily long and short price, you need to be alert to the possibility of short positions dominating. At this time, you should pay attention to the following support levels: near 0.1836, 0.1815 and 0.1751.
🚨🚨🚨Please note, traders! When participating in contract trading, be sure to give priority to defensive strategies before seeking profit growth. Only under the premise of ensuring risk control can you make steady profits.
Please follow me, please read the comments to find an assistant, join us and provide free live broadcast guidance every week to help you better master relevant knowledge and skills. #ALGO.智能策略库🥇🥇 #ALGO、每日智能策略 #ALGO—24小时交易策略 #ALGORAND
Bitcoin 🪙, Blockchain ⛓️ Present and Future!
I feel you should be aware of the recent happenings that can affect the future of $BTC and #blockchain if you really are an enthusiast of the technology!
As of today, these are the highlights worth noting!
- Bitcoin ETFs are finally launching in the U.S., after a decade of proposals and rejections. This could boost the demand and liquidity for Bitcoin, as well as lower the barriers to entry for institutional and retail investors.
- The Algorand Foundation is using blockchain technology to create real-world impacts, such as improving healthcare, education, and environmental sustainability. The foundation's director, Matthew Keller, shared some of their projects and vision in a sponsored interview (Link in the comments).
- The European Central Bank is serious about enabling offline payments for a digital euro, as it plans to allocate most of its $1.3 billion contract budget for providers to work on this feature. This could increase the accessibility and convenience of using a central bank's digital currency.
All these are clear indicators that the digital payment system using Blockchain technology is here to stay! They will contribute to the 2024 bull run which has already begun!
Kindly follow me! My only job is to keep you updated! Keep notifications for my predictions!
#BTC #ETFsApproval #ALGORAND #ETFsApproval #Blockchain
Thanks 😊
I feel you should be aware of the recent happenings that can affect the future of $BTC and #blockchain if you really are an enthusiast of the technology!
As of today, these are the highlights worth noting!
- Bitcoin ETFs are finally launching in the U.S., after a decade of proposals and rejections. This could boost the demand and liquidity for Bitcoin, as well as lower the barriers to entry for institutional and retail investors.
- The Algorand Foundation is using blockchain technology to create real-world impacts, such as improving healthcare, education, and environmental sustainability. The foundation's director, Matthew Keller, shared some of their projects and vision in a sponsored interview (Link in the comments).
- The European Central Bank is serious about enabling offline payments for a digital euro, as it plans to allocate most of its $1.3 billion contract budget for providers to work on this feature. This could increase the accessibility and convenience of using a central bank's digital currency.
All these are clear indicators that the digital payment system using Blockchain technology is here to stay! They will contribute to the 2024 bull run which has already begun!
Kindly follow me! My only job is to keep you updated! Keep notifications for my predictions!
#BTC #ETFsApproval #ALGORAND #ETFsApproval #Blockchain
Thanks 😊
Analysis of Algorand's Rise to 42-Week High. 📈📉
ALGO's recent ascent has enthusiasts like Aj buzzing, marking what they believe is just the beginning, with the critical $0.28 level as a pivotal turning point.
Driving Forces Behind Algorand's Comeback:
Algorand unveils a game-changing upgrade, AlgoKit 1.8.2, boosting developer tools with Python template support for faster app development. The update also introduces a debug adapter for meticulous transaction execution inspection.
A groundbreaking collaboration with Lofty introduces a tokenized real estate market, facilitating instant trading of property tokens against USDC through market orders. This innovative merger bridges DeFi-earning opportunities with the tangible real estate market.
Challenges Looming on the Horizon:
Algorand faces regulatory concerns as the Securities Exchange Commission classifies it as a security in its April complaint against Bittrex.
A mysterious hack of the MyAlgo Wallet, via a third-party app, has impacted Algorand's reputation, shedding light on the challenges ahead.
Significance of Algorand's Resurgence:
Despite hurdles, Algorand's recent breakthrough signals a revival of confidence in its mission to construct a borderless, efficient, and secure blockchain. Supporters maintain optimism, interpreting the surge as a promising indication that the project's toughest days may now be in the rearview mirror.
#ALGORAND #ALGO $ALGO #AlgoKit #USDC
ALGO's recent ascent has enthusiasts like Aj buzzing, marking what they believe is just the beginning, with the critical $0.28 level as a pivotal turning point.
Driving Forces Behind Algorand's Comeback:
Algorand unveils a game-changing upgrade, AlgoKit 1.8.2, boosting developer tools with Python template support for faster app development. The update also introduces a debug adapter for meticulous transaction execution inspection.
A groundbreaking collaboration with Lofty introduces a tokenized real estate market, facilitating instant trading of property tokens against USDC through market orders. This innovative merger bridges DeFi-earning opportunities with the tangible real estate market.
Challenges Looming on the Horizon:
Algorand faces regulatory concerns as the Securities Exchange Commission classifies it as a security in its April complaint against Bittrex.
A mysterious hack of the MyAlgo Wallet, via a third-party app, has impacted Algorand's reputation, shedding light on the challenges ahead.
Significance of Algorand's Resurgence:
Despite hurdles, Algorand's recent breakthrough signals a revival of confidence in its mission to construct a borderless, efficient, and secure blockchain. Supporters maintain optimism, interpreting the surge as a promising indication that the project's toughest days may now be in the rearview mirror.
#ALGORAND #ALGO $ALGO #AlgoKit #USDC
Interoperability in Crosschain Messaging Protocols
As a @DAO Labs #socialminer I am constantly learning, and this is a #beginnersguide on how advanced #CrossChainInteroperability messaging protocols work, specifically in the case of EQUITO Network
$BTC $ETH $BNB
Equito is designed to enable interoperability between various blockchains. Its goal is to break down the barriers of isolation and allow these independent blockchains to communicate effectively. Here’s how Equito achieves this:
The Equito App Contract acts as the bridge between different blockchains. It resides on each participating blockchain (let’s call them Blockchain A and Blockchain B).
Step 1 Sending a Message: A user sends a message or initiates a transaction on Blockchain A. The Equito App Contract captures this event.
Step 2 Origin Chain Router: The Equito App Contract on Blockchain A forwards the message to the Origin Chain Router. The Origin Chain Router emits an event indicating the message transfer.
Step 3 Validators Observe and Confirm: Validators (decentralized nodes) monitor the event emitted by the Origin Chain Router. They verify the message’s authenticity and validity using Zero-Knowledge Proofs (ZKPs). Once confirmed, validators proceed to the next step.
Step 4 :Achieving Consensus: Equito employs a Byzantine Fault Tolerant (BFT) consensus mechanism to ensure agreement among validators. Validators reach consensus on the validity of the message. This consensus guarantees security and prevents malicious actors from disrupting the process.
Let us look at this a little bit closer:
Peers and Nodes: Imagine a group of people sitting around a campfire. Each person has equal say in deciding where to explore next. These individuals represent nodes in a blockchain network. No one has more authority than the others—they all follow the same rules.
Consensus: To agree on the next adventure, they need consensus. If most of them say, “Let’s explore the forest,” they reach an agreement. BFT ensures that even if a few people are mischievous or unreliable, the group can still make decisions.
Trust Without Trust: In a decentralized system (like blockchain), trust isn’t about believing everyone is honest. Instead, it’s about trusting that most participants follow the rules. BFT allows the network to function even when some nodes act weirdly or fail.
So, BFT is like a resilient campfire circle where everyone cooperates, even if a few campers are secretly wolves in sheep’s clothing!
Now that we have a firmer grasp og BFT, on to the next step.
Step 5 Sending to the Destination Chain: The validated message is relayed to the Equito App Contract on Blockchain B. The Equito App Contract on Blockchain B processes the message.
Step 6 Receiving the Message: The Equito App Contract on Blockchain B delivers the message to the intended recipient. The recipient’s smart contract executes the necessary actions (e.g., updating balances, triggering events, etc.).
Thus, by enabling seamless, secure, and efficient communication, Equito helps developers to extend decentralized applications (#Dapps ) beyond the confines of individual blockchains. With over 26 institutional node operators, demonstrating its growing adoption, the protocol has successfully integrated with 16+ blockchains, and received the #ALGORAND Developer Award in 2022 for its contributions to blockchain interoperability.
If you are at the beginning of your blockchain and #SocialMining journey like me, hope this helped you understand the process! #cryptoineverypocket
$BTC $ETH $BNB
Equito is designed to enable interoperability between various blockchains. Its goal is to break down the barriers of isolation and allow these independent blockchains to communicate effectively. Here’s how Equito achieves this:
The Equito App Contract acts as the bridge between different blockchains. It resides on each participating blockchain (let’s call them Blockchain A and Blockchain B).
Step 1 Sending a Message: A user sends a message or initiates a transaction on Blockchain A. The Equito App Contract captures this event.
Step 2 Origin Chain Router: The Equito App Contract on Blockchain A forwards the message to the Origin Chain Router. The Origin Chain Router emits an event indicating the message transfer.
Step 3 Validators Observe and Confirm: Validators (decentralized nodes) monitor the event emitted by the Origin Chain Router. They verify the message’s authenticity and validity using Zero-Knowledge Proofs (ZKPs). Once confirmed, validators proceed to the next step.
Step 4 :Achieving Consensus: Equito employs a Byzantine Fault Tolerant (BFT) consensus mechanism to ensure agreement among validators. Validators reach consensus on the validity of the message. This consensus guarantees security and prevents malicious actors from disrupting the process.
Let us look at this a little bit closer:
Peers and Nodes: Imagine a group of people sitting around a campfire. Each person has equal say in deciding where to explore next. These individuals represent nodes in a blockchain network. No one has more authority than the others—they all follow the same rules.
Consensus: To agree on the next adventure, they need consensus. If most of them say, “Let’s explore the forest,” they reach an agreement. BFT ensures that even if a few people are mischievous or unreliable, the group can still make decisions.
Trust Without Trust: In a decentralized system (like blockchain), trust isn’t about believing everyone is honest. Instead, it’s about trusting that most participants follow the rules. BFT allows the network to function even when some nodes act weirdly or fail.
So, BFT is like a resilient campfire circle where everyone cooperates, even if a few campers are secretly wolves in sheep’s clothing!
Now that we have a firmer grasp og BFT, on to the next step.
Step 5 Sending to the Destination Chain: The validated message is relayed to the Equito App Contract on Blockchain B. The Equito App Contract on Blockchain B processes the message.
Step 6 Receiving the Message: The Equito App Contract on Blockchain B delivers the message to the intended recipient. The recipient’s smart contract executes the necessary actions (e.g., updating balances, triggering events, etc.).
Thus, by enabling seamless, secure, and efficient communication, Equito helps developers to extend decentralized applications (#Dapps ) beyond the confines of individual blockchains. With over 26 institutional node operators, demonstrating its growing adoption, the protocol has successfully integrated with 16+ blockchains, and received the #ALGORAND Developer Award in 2022 for its contributions to blockchain interoperability.
If you are at the beginning of your blockchain and #SocialMining journey like me, hope this helped you understand the process! #cryptoineverypocket
Just one hour ago, 300,000,000 #ALGO (worth $57,269,077 USD) was transferred from NE5EGI4JA5EFJV3AVD4OPYNBJYN66ZKOWKOXADZKZMZ3DFGQGY3VEKHMFU to a newly created multisignature wallet 2ZHDNJEHQ7NIDKRML7IWSYJXGCN6WUURKT5LGTLF7I5ABFCM2KE4NL3XT4.
Transaction hash:
ULQGTHLAQ6KRONSXB24LWW76CHQ76EQMQDDB7YN3LNFXKITDA74Q
$ALGO #ALGORAND
Transaction hash:
ULQGTHLAQ6KRONSXB24LWW76CHQ76EQMQDDB7YN3LNFXKITDA74Q
$ALGO #ALGORAND
Emergency Update :
#ALGO/USDT
Trade setup: Price is in an Uptrend and approaching $0.24 resistance. If it breaks above that, it could revisit $0.30 next. Previously, price broke above 200-day moving average, which confirmed a bullish trend reversal to an Uptrend. (set a price alert).
Trend: Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish ( MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance Nearest Support Zone is $0.20 (previous resistance), then $0.18. The nearest Resistance Zone is $0.24, then $0.30.
#BTC #crypto2023 #ALGORAND #haxnocrypto
#ALGO/USDT
Trade setup: Price is in an Uptrend and approaching $0.24 resistance. If it breaks above that, it could revisit $0.30 next. Previously, price broke above 200-day moving average, which confirmed a bullish trend reversal to an Uptrend. (set a price alert).
Trend: Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish ( MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance Nearest Support Zone is $0.20 (previous resistance), then $0.18. The nearest Resistance Zone is $0.24, then $0.30.
#BTC #crypto2023 #ALGORAND #haxnocrypto
📈 #ALGO/USDT Trade Setup 🚀 $ALGO
📊 A bullish breakout from a Channel Down propels the price, hitting our near-term target of $0.20 for a +20% gain. Now:
1️⃣ Buy Signal: Break above $0.20 signals uptrend continuation, aiming for +20% gains to $0.24. 🎯
2️⃣ Swing Entry: Potential pullback near $0.17 support for re-entry, targeting +15% to $0.20. (Set a price alert!)
📈 Trend: Uptrend (ST, MT, LT)
🚀 Momentum: Bullish. MACD Line > Signal Line, RSI > 55.
🔍 Supp/Res: $0.17 (prev. resistance), $0.15 / $0.20 (Target), $0.24
🚨 Set alerts & manage risk!
🎯 Buy Signal: Break above $0.20 (Uptrend continuation)
🎯 Sell Target: $0.24 (Potential continuation), $0.20 (Swing entry)
🛑 Stop Loss: At your discretion
Stay vigilant! 🚀 #ALGO #ALGORAND #cryptotradingpro #Write2Earn
📊 A bullish breakout from a Channel Down propels the price, hitting our near-term target of $0.20 for a +20% gain. Now:
1️⃣ Buy Signal: Break above $0.20 signals uptrend continuation, aiming for +20% gains to $0.24. 🎯
2️⃣ Swing Entry: Potential pullback near $0.17 support for re-entry, targeting +15% to $0.20. (Set a price alert!)
📈 Trend: Uptrend (ST, MT, LT)
🚀 Momentum: Bullish. MACD Line > Signal Line, RSI > 55.
🔍 Supp/Res: $0.17 (prev. resistance), $0.15 / $0.20 (Target), $0.24
🚨 Set alerts & manage risk!
🎯 Buy Signal: Break above $0.20 (Uptrend continuation)
🎯 Sell Target: $0.24 (Potential continuation), $0.20 (Swing entry)
🛑 Stop Loss: At your discretion
Stay vigilant! 🚀 #ALGO #ALGORAND #cryptotradingpro #Write2Earn
Top 5 Altcoins less than 10 USD each
First of all, investing in cryptocurrency should be done with caution and a clear understanding of the potential risks involved. Never invest based solely on hype or promises of guaranteed returns.
Algorand (ALGO): $0.27
Type: Layer 1 Proof-of-Stake blockchain platformFeatures: Fast transaction speeds, low fees, energy-efficient consensus mechanism, focus on smart contracts and DeFi applications.Potential: Strong team and partnerships, growing developer community, actively used for real-world applications.Risks: Relatively new project, faces competition from established players, price volatility.
Cosmos (ATOM): $7.64
Type: Decentralized oracle network providing off-chain data to smart contractsFeatures: Secure and reliable way to connect smart contracts to real-world data, crucial for many DeFi applications.Potential: Strong industry partnerships, high demand for oracle services, expanding ecosystem of integrations.Risks: Complex technology, competition from other oracle solutions, potential regulatory scrutiny.
Polygon (MATIC): $0.82
Type: Layer 2 scaling solution for Ethereum blockchainFeatures: Faster and cheaper transactions compared to Ethereum mainnet, compatible with Ethereum applications and tools.Potential: Addresses Ethereum's scalability challenges, large and active developer community, growing adoption by DeFi projects.Risks: Dependent on Ethereum's security, competition from other scaling solutions, potential regulatory concerns.The Graph (GRT): $0.062Type: Decentralized indexing protocol for blockchain dataFeatures: Enables efficient querying and analysis of on-chain data, crucial for developers building applications on various blockchains.Potential: Growing demand for blockchain data analysis, partnerships with major players, expanding ecosystem of applications.Risks: Relatively new project, complex technology, competition from other indexing solutions.
#Write2Earn #graph #ALGORAND #PolygonEvolution #Cosmos
Algorand (ALGO): $0.27
Type: Layer 1 Proof-of-Stake blockchain platformFeatures: Fast transaction speeds, low fees, energy-efficient consensus mechanism, focus on smart contracts and DeFi applications.Potential: Strong team and partnerships, growing developer community, actively used for real-world applications.Risks: Relatively new project, faces competition from established players, price volatility.
Cosmos (ATOM): $7.64
Type: Decentralized oracle network providing off-chain data to smart contractsFeatures: Secure and reliable way to connect smart contracts to real-world data, crucial for many DeFi applications.Potential: Strong industry partnerships, high demand for oracle services, expanding ecosystem of integrations.Risks: Complex technology, competition from other oracle solutions, potential regulatory scrutiny.
Polygon (MATIC): $0.82
Type: Layer 2 scaling solution for Ethereum blockchainFeatures: Faster and cheaper transactions compared to Ethereum mainnet, compatible with Ethereum applications and tools.Potential: Addresses Ethereum's scalability challenges, large and active developer community, growing adoption by DeFi projects.Risks: Dependent on Ethereum's security, competition from other scaling solutions, potential regulatory concerns.The Graph (GRT): $0.062Type: Decentralized indexing protocol for blockchain dataFeatures: Enables efficient querying and analysis of on-chain data, crucial for developers building applications on various blockchains.Potential: Growing demand for blockchain data analysis, partnerships with major players, expanding ecosystem of applications.Risks: Relatively new project, complex technology, competition from other indexing solutions.
#Write2Earn #graph #ALGORAND #PolygonEvolution #Cosmos
📣 #ALGO Triangle Breakout
A triangle pattern was formed in 4h price chart of $ALGO . After upward breakout, the coin price is heading towards traingle target.
To trade #ALGORAND , Buy longside for upwards target indicated by the purple dotted line. The price touching the dotted line will mark the target hit 🎯.
Place below Stoploss 0.1634 USDT.
#TradingSignal #DYOR🟢
#Write2Earn
A triangle pattern was formed in 4h price chart of $ALGO . After upward breakout, the coin price is heading towards traingle target.
To trade #ALGORAND , Buy longside for upwards target indicated by the purple dotted line. The price touching the dotted line will mark the target hit 🎯.
Place below Stoploss 0.1634 USDT.
#TradingSignal #DYOR🟢
#Write2Earn
Breakout! ALGO is up 22% from our entry point, with more growth ahead.
#ALGORAND #ALGOUSD #ALGO_USDT #BTC☀ #Write&Earn $ALGO
#ALGORAND #ALGOUSD #ALGO_USDT #BTC☀ #Write&Earn $ALGO
As we see on the weekly timeframe, there’s a falling wedge pattern. Currently, ALGO is at the bottom of a major support level. Significant volume is expected from this area. Breakout targets are between $0.20 and $0.30, with potential gains of around 100% to 130%.
$ALGO #algotrade #ALGO_USDT #BTC☀ #Write&Earn #algorand
$ALGO #algotrade #ALGO_USDT #BTC☀ #Write&Earn #algorand