Algo is a favorite

2021년 12월 5일

Anthony scaramucci ~ "The Future is bright. The more you learn about ⁦
AlGorand the more you will realize how big a part of the future it be. Carbon Negative Crypto. "

For some reason this crypto resonates as a whole with me. Fundamentally and technically, from a logical viewpoint.

While Mr BTC or ALTS may actually be entering a bear period for a while, this may not stop ALGO from rising. Remember when the market was down earlier this year and ALGO was rising?
BTC dumping could actually prove another chance for ALGO to break from this irrational correlation. I mean it's not like BTC is the S&P and ALGO is one of it's featured companies. Money outflow from crypto will only be when IR rise.

You can see every dip is bought perfectly on RSI bouncing off the trendline. If we retest 200EMA I will expect another huge buying opportunity, that being said any price sub 2$ resistance is a great entry point if you are thinking 2025 and beyond.

Keep accumulating and staking my friends, even take a small leverage position on FTX if your feeling this ;P


(Disclaimer not financial advice, just rational thought and a little bias)