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:
🌐 MonoCoin Public Channel t.me/MonoCoin_Public
🌐 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
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.