ALGO Technical and Fundamental

Algo has been oscillating in a channel for a while now. The price action has hit and reversed from the support level 5-6 times.

In the short term I project it will go till the channel resistance of $0.4.

But, Algo is the blockchain partner of Fifa world cup, which is starting from 20th November. My prediction is that it will skyrocket from that point onwards considering we haven't seen any huge pump from Algo since after the market crash.
Fundamental AnalysisTrend Analysis

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