Algorand (ALGO): Market Structure Break | Getting Ready to ShortAlgorand seems to form a proper MSB formation where we might catch a good downward movement once we see either a breakdown from current zones or a successful re-test from EMAs on a 30M timeframe.
More in-depth info is in the video—enjoy!
Swallow Team
ALGOUSDT short-term predictionhi traders,
ALGOUSDT has been traded in the downsloping channel, and now it looks like the breakdown is occurring while I'm creating this publication.
I'm bullish on ALGO long-term, but a short-term 8 % drop is expected.
As the breakdown is just happening, you can enter short now.
Stop loss: 0,21
Is ALGORAND going to reach 2.550?Algorand has broken through a key resistance at 0.3300. This signals the start of a new bullish trend on the weekly timeframe. Currently, the price is moving within the buying zone of an Andrews Pitchfork, which presents a potential setup for buyers.
The ideal strategy is to wait for a retracement
TradeCityPro | ALGO: Key Levels in RWA Coin’s Bullish Revival👋 Welcome to TradeCity Pro!
In this analysis, I’m going to review the ALGO coin for you. This project is one of the RWA (Real World Assets) crypto initiatives, which saw significant growth during the recent hype around this category.
💫 Currently, the market cap of this project stands at $1.99 bill
$ALGO | #3D Macro Outlook #long📌 Setup:
— Ideal entry: retest of 0.618 fib ($0.167–0.172)
— Targets: $0.29 / $0.34 / $0.42 / $0.56
— Invalidation: daily close below $0.165 on volume
⚙️ Triggers:
— Retest + bounce from $0.167 zone
— Strength in CRYPTOCAP:BTC
— Increasing volume + demand confirmation
Midterm potential: +100–150
ALGO/USDT Technical Analysis Deep Dive! Let’s break down this ALGOUSDT chart step-by-step — it’s a perfect example of trading patterns in action!
🏄♂️ Timeline (Aug 2024 - April 2025):
▸ Accumulation (Aug - Nov 2024): ALGO consolidates between $0.1050 and $0.1450, showing low volatility. This is a classic accumulation phase where b
Algorand NLP & Higher High & 619% Profits PotentialThis is a very nice chart. Algorand is solid strong on the weekly timeframe (long-term).
There are two main signals; Long-term growth in the form of a rising channel, higher highs and higher lows. Short-term bullish based on a recovery.
Notice the "magic blue line" I drew on the chart. This is a b
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related pairs
Frequently Asked Questions
The current price of Algorand (ALGO) / Tether USD (ALGO) is 0.2007 USDT — it has risen 1.89% in the past 24 hours. Try placing this info into the context by checking out what coins are also gaining and losing at the moment and seeing ALGO price chart.
Algorand (ALGO) / Tether USD price has fallen by −10.04% over the last week, its month performance shows a 10.08% increase, and as for the last year, Algorand (ALGO) / Tether USD has increased by 0.85%. See more dynamics on ALGO price chart.
Keep track of coins' changes with our Crypto Coins Heatmap.
Keep track of coins' changes with our Crypto Coins Heatmap.
Algorand (ALGO) / Tether USD (ALGO) reached its highest price on Nov 18, 2021 — it amounted to 5.5364 USDT. Find more insights on the ALGO price chart.
See the list of crypto gainers and choose what best fits your strategy.
See the list of crypto gainers and choose what best fits your strategy.
Algorand (ALGO) / Tether USD (ALGO) reached the lowest price of 0.0818 USDT on Aug 18, 2023. View more Algorand (ALGO) / Tether USD dynamics on the price chart.
See the list of crypto losers to find unexpected opportunities.
See the list of crypto losers to find unexpected opportunities.
The safest choice when buying ALGO is to go to a well-known crypto exchange. Some of the popular names are Binance, Coinbase, Kraken. But you'll have to find a reliable broker and create an account first. You can trade ALGO right from TradingView charts — just choose a broker and connect to your account.
Crypto markets are famous for their volatility, so one should study all the available stats before adding crypto assets to their portfolio. Very often it's technical analysis that comes in handy. We prepared technical ratings for Algorand (ALGO) / Tether USD (ALGO): today its technical analysis shows the sell signal, and according to the 1 week rating ALGO shows the sell signal. And you'd better dig deeper and study 1 month rating too — it's sell. Find inspiration in Algorand (ALGO) / Tether USD trading ideas and keep track of what's moving crypto markets with our crypto news feed.
Algorand (ALGO) / Tether USD (ALGO) is just as reliable as any other crypto asset — this corner of the world market is highly volatile. Today, for instance, Algorand (ALGO) / Tether USD is estimated as 3.01% volatile. The only thing it means is that you must prepare and examine all available information before making a decision. And if you're not sure about Algorand (ALGO) / Tether USD, you can find more inspiration in our curated watchlists.
You can discuss Algorand (ALGO) / Tether USD (ALGO) with other users in our public chats, Minds or in the comments to Ideas.