The ALGO cryptocurrency has followed an expected range trend by consistently finding support at the $0.10 level. This trend is likely to continue for some time. Additionally, a twin bottom pattern has formed on this support. If the pattern's neck line is broken, we anticipate that the price will increase further, reaching the resistance range between $0.185 and $0.19.
There is a minor resistance at around $0.122, and the price has shown multiple reactions at this level in the past. If buyers have enough strength to break through this resistance, the next target would be the resistance range at the top of the descending channel, specifically around $0.141.
However, in a bearish scenario where there is a negative reaction to this resistance, the support range at $0.092 is significant. We can expect a positive reaction from the price in this range.
There is a minor resistance at around $0.122, and the price has shown multiple reactions at this level in the past. If buyers have enough strength to break through this resistance, the next target would be the resistance range at the top of the descending channel, specifically around $0.141.
However, in a bearish scenario where there is a negative reaction to this resistance, the support range at $0.092 is significant. We can expect a positive reaction from the price in this range.
For real-time updates and further discussion, check the link below:
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🌐 MonoCoin Public Channel t.me/MonoCoin_Public
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For real-time updates and further discussion, check the link below:
🌐 MonoCoin Public Channel t.me/MonoCoin_Public
🌐 MonoCoin Public Channel t.me/MonoCoin_Public
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。