Like all of crypto... Algo has had a massive wave 4 pullback as the market was over extended, but as we look at the charts we can see that the STOCH RSI on the weekly is as low as it can go and basically on the floor. If BTC can start to recover in the coming weeks and get above $42k then we should see an ALT rally in July and Aug and this should lead us through wave 5 and Fib 2.618 target around $4.77 for Algo. The key is BTC continuation and ALT rally and we should be golden for Algo.
Not financial advice.
Not financial advice.
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