*THIS IS NOT FINANCIAL ADVICE*
Besides the fact that ALGO has real uses, and is backed by a solid team, it's ALT season so most things don't matter.
As you can see from my chart (and previous chart) ALGO is on a steady climb to its resistance zone in the $1.60 to $1.80 range.
Afterward, I expect $2 to be the next resistance target but just like when it hit $1, it will surpass this and settle around the low $2 range.
($2 will only be a psychological resistance)
By this time next week, ALGO will reach the top of its accumulation zone and begin retesting its resistance zone.
As you can see in the first zone, ALGO hit resistance 3x before cross it on its 4th.
Overall, I expect ALGO to stick around for a long time and will someday be worth more than $5 💎
Please let me know your thoughts on this theory, or if you have another idea in mind!
Besides the fact that ALGO has real uses, and is backed by a solid team, it's ALT season so most things don't matter.
As you can see from my chart (and previous chart) ALGO is on a steady climb to its resistance zone in the $1.60 to $1.80 range.
Afterward, I expect $2 to be the next resistance target but just like when it hit $1, it will surpass this and settle around the low $2 range.
($2 will only be a psychological resistance)
By this time next week, ALGO will reach the top of its accumulation zone and begin retesting its resistance zone.
As you can see in the first zone, ALGO hit resistance 3x before cross it on its 4th.
Overall, I expect ALGO to stick around for a long time and will someday be worth more than $5 💎
Please let me know your thoughts on this theory, or if you have another idea in mind!