Both ALGO and ETHFI are showing slight upward trends today. ALGO is currently priced at $0.1188, up by +0.25%, while ETHFI has gained +0.23%, now sitting at $1.283. These slight increases reflect a cautious market, but there may be potential for further movements.
For ALGO, keep an eye on the resistance level at $0.123, with a potential breakout pushing it towards $0.130. However, a dip below $0.115 could signal short-term bearish behavior. ETHFI, on the other hand, is showing signs of forming a bullish triangle, with targets of $1.53 if it breaks above $1.45. A stop-loss is recommended at $1.40 to manage downside risk. Monitoring these levels can provide better trading decisions as market volatility continues.
