Algorand / Bitcoin

ALGO/BTC (200D MA Key Support?)

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ALGO/BTC

-Algorand has been trading above the 200D MA and Key support trendline
-We can see two strong rejection from the key area of support
-If ALGO can hold this level for the next 5-7 days
-It is likely to bounce back up to 3500-4000 range
-Before potentially hitting the downward trendline resistance
-Bulls must hold the 2600 level with the confluence of previous support & resistance

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