ALGO Circulation Crossed 80% Of Total Supply!
The 65th rank crypto on the CoinMarketCap, ALGO touched its all-time high in November 2021, and thereon, it consistently plummeted and formed support at $0.08350 by Aug 2023 on the weekly chart.
Moreover, the bears could not possibly force ALDO to plummet; the bulls got the upper hand, which caused the price to rise from a low to $0.3300 by March 2024 and then fall back to the price support at $0.13500.
Now, the ALGo price has been taking the support from the resistance turned support of $0.13500 and the 81.80% circulation out in the market out of 10 Billion; the ALGO could show a bounce back, based on the buyer's interest.
The 65th rank crypto on the CoinMarketCap, ALGO touched its all-time high in November 2021, and thereon, it consistently plummeted and formed support at $0.08350 by Aug 2023 on the weekly chart.
Moreover, the bears could not possibly force ALDO to plummet; the bulls got the upper hand, which caused the price to rise from a low to $0.3300 by March 2024 and then fall back to the price support at $0.13500.
Now, the ALGo price has been taking the support from the resistance turned support of $0.13500 and the 81.80% circulation out in the market out of 10 Billion; the ALGO could show a bounce back, based on the buyer's interest.