ALGORAND is following the market's movement during the last couple of hours. However, we can see that the price is now close to break this downward trend as it hits the upper lane of the parallel channel.
If we have a break there then we are going to have new levels in the chart and a retest will come to place.
The support level is around 1,02. This level will be crucial if the price keeps dropping and following the parallel channels.
Good luck to everyone.
If we have a break there then we are going to have new levels in the chart and a retest will come to place.
The support level is around 1,02. This level will be crucial if the price keeps dropping and following the parallel channels.
Good luck to everyone.