Algorand (ALGO) Moving Back Above EMA50, Next Target!

27 thg 3, 2021

Algorand (ALGOBTC) is now moving back above EMA50 after testing the 0.786 Fib. retracement level as support.

This is a bullish signal.

After the high volume bounce, w can see that consolidation continues to take place.

The support level has been defended at a higher low... Prices can easily jump next.

The next target is marked on the chart with red.

Thanks a lot for reading.

Namaste.