Algorand (ALGO) Price Could Jump by 50% if It Moves Above This Key Area
The Algorand (ALGO) future trend can be determined by whether the price breaks out above the current resistance
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The Algorand (ALGO) future trend can be determined by whether the price breaks out above the current resistance
In November, Zone announced a partnership with Algorand to launch the biggest Web3 competition with a prize pool of $150,000. As expected, the competition proved popular with the gaming community and had incredible figures to show for it.
More expansion is awaiting the Web3 ecosystem as Algorand Foundation aggressively moves to promote the technology across India. The firm announced multiple partnerships, including educational development programs with schools in India, with the primary aim of driving web3 adoption in the country.
Algorand has partnered with several educational institutions and schools to create programs for faculty members, students and businesses looking to jump into Web3.
Algorand isn't the fastest "Ethereum killer" on the market, but it comes with next-level security and a deep environment-friendly focus. Does that make it a no-brainer buy in this market?
Algorand Foundation's target is to support the enhancement of employment opportunities within the web3 ecosystem of India.
Important crypto news for Algorand (ALGO), the blockchain-based cryptocurrency that aims to be secure, scalable, and decentralized, has shifted its focus to interoperability and post-quantum technology.
On Sunday bearish traders of the Bitcoin market secured their first red candle in five weeks and sent the asset's value lower by $379 on the day.
As the blockchain industry continues to bloom and advance, there are undeniable challenges that need to be dealt with. Those challenges have shaped priorities for the top blockchains and this is the case for Algorand.
Bitcoin and select altcoins such as ETH, OKB, ALGO, and THETA may extend their up-move after a brief correction.
The price of Algorand (ALGO) was largely stagnant over the last week, trading at $0.2688 at press time. ALGO rallied by 6% to a two-month high.
Algorand price is up by 37 percent this year, reversing a bearish trend that saw it lose most of its value in 2022.
The year 2022 has been a very difficult one for projects that were born during the previous cycle with perhaps excessive high ambitions
Although Algorand (ALGO) is intended to be a very effective proof-of-stake (PoS) blockchain, other networks like Ethereum (ETH), BNB Chain (BNB), and Solana (SOL) have been at the forefront of significant DeFi activity (SOL).
These cryptocurrencies each lost more than 80% last year.
Discover why Algorand is being dubbed the "Google of blockchain." Learn about the unique approach Algorand takes to solve scalability and security issues, its built-in smart contract platform, and its governance system.
If the Algorand (ALGO) price does not break out above $0.26, it could fall to $0.21.
The Algorand Foundation has announced the appointment of Jessica Tsai Chin as its new chief marketing officer. Chin, a marketing veteran, previously worked with WhatsApp, Nike and Apple.
While Algorand's [ALGO] price might have rallied by about 10% in the last seven days, a steady decline in its Chaikin Money Flow (CMF) on a daily chart created a bearish divergence that typically precedes a price reversal.
Previously at WhatsApp, Chin said that she was drawn to crypto due to an interest in privacy and digital identity.
Algorand's [ALGO] recent rally is yet to reclaim the pre-FTX levels of $0.4500 but could attempt such a fete soon. The asset dropped to a low of $0.1616, shedding off over 60% of its value.
Although Algorand is intended to be a very effective proof-of-stake (PoS) blockchain, other networks like Ethereum (ETH), BNB Chain, and Solana have been at the forefront of significant DeFi activity. The narrative surrounding the blockchain appears to be changing for the better based on the increase in Algorand's DeFi TVL during the past week.
Algorand [ALGO] revealed a new development on 19 January, which could underscore a potential strategy to tap into growth through DeFi. The blockchain network revealed that the C3 Protocol has rolled out a new self-custody exchange called “C3.
One of the four biggest banks in Australia, the National Australia Bank (NAB), has announced that it will soon roll out a new Australian dollar-pegged stablecoin on Ethereum and Algorand.