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A bullish reversal from the Megaphone pattern's support trendline offers a recovery opportunity for Algorand coin price. Under the favorable bullish scenario, a bull cycle within this pattern should push the price to the overhead resistance, which in our case, resides near $0.45.
Algorand has been a notable exception in what has been a relatively bearish start to the weekend. On Nov. 19, the token rose by nearly 10%, as cryptocurrency markets mostly traded lower. Another noteworthy exception was tron, which climbed for a second consecutive day.
The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Algorand fell beneath the lows of a range from May, but the bulls were quick to recover The next few days could be green for Algorand Bitcoin [BTC] was in a phase of lowered volatility
On Saturday trade volumes, Bitcoin is still unable to surpass $17,000 and struggles below that level.
Algorand is today's top performer from the top 100 coins, with a 10% daily increase.
Earlier this year, Algorand entered into a technical partnership with FIFA With outlook still significantly bearish in the short term, it remains to be seen whether the WC will offer respite With the 2022 FIFA World Cup set to commence on 20 November, Algorand [ALGO] holders appear keen to see whether the blockchain's technical partnership
Uncertainty continues to grip the cryptocurrency sector in the aftermath of the Terra Stablecoin implosion, which the collapse of the FTT token has since eclipsed.
ALGO price was up by a staggering 15% over the last two days despite the bearish market conditions, with the upcoming FIFA World Cup hype generating positive gains for the coin. The post 5 Metrics to Watch out for Before Going Long on Algorand (ALGO) Price appeared first on BeInCrypto.
Decipher, Algorand's annual flagship conference has named Crypto Oasis, a crypto ecosystem based in Dubai, as its official regional partner. This year's conference will be held at the luxurious Madinat Jumeirah hotel in Dubai, United Arab Emirates, on November 28-30.
Former Blockchain.com executive Min Wei will join the Algorand Foundation as global head of ecosystem growth, according to a press release on November 15, 2022.
The Algorand blockchain's native token, ALGO, is employed for transaction fees and network security.
When you talk about NFT or blockchain-based companies and projects, it is important to understand that many companies will start by developing and launching their digital currencies.
In its 10 November publication, Algorand [ALGO] announced that it was working towards healthier security for its core protocol. However, the self-titled “most powerful” blockchain noted that it was not alone in the pursuit.
These 25 cryptos to buy are set for a significant upside in the next crypto bull run as inflation cools down and the market starts bottoming.
The Algorand (ALGO) price still holds above a crucial support area at $0.29. Whether it breaks down or bounces can have massive implications for the future price.
With the participation of leading thinkers, builders and founders of the blockchain landscape
There is a lot of activity when it comes to Proof-of-Stake (PoS) cryptocurrencies, where the most popular options include Cardano (ADA/USD), Ethereum (ETH/USD), and Algorand (ALGO/USD). Vitalik Buterin, the co-founder of Ethereum, added a new category of milestones to the technical roadmap and introduced the Scourge in an expanded six-partechnical roadmap.
First of all, what is ISO 20022? ISO 20022 is an ISO standard for electronic data interchange among financial institutions.
Algorand has been in a downtrend since September 2021. However, there was the possibility that things began to take a turn in the opposite direction. While there were signs of a possible imminent breakout, bulls might want to exercise patience.
The Algorand price has failed to break above the $0.429 resistance level for the past three trading sessions
This article is all about the top 5 cryptocurrencies that displayed good performance in the last seven days. Let's take a look at it in more detail.
Proof of Work generally uses more energy and necessitates solving difficult mathematical puzzles to create
Algorand, the pure proof-of-stake protocol continues to keep gains from seven days prior. The blockchain's native token ALGO has retained over 21% of profits, joining top performers like Doge and BNB.
The search for cryptos to buy is starting to heat up, with anticipation around the potential for monetary policy easing picking up.
