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Algorand

ALGO/BTC Bullish Trade (mid-term)Algorand is looking great and prime for a strong move up. Recent attempt to breakout and retest failed, but this gives us another good entry position. This trade is a mid-term trade, so no expectations of quick gains. Two potential TP targets for mid-term. Algo/btc has yet to see some big moves unlike other altcoins the last couple of months. Patience should pay off. Entry lvls: 2550, 2250.. average into support. Support: 2192, 1952 Happy Trading <3
Long
by LukaDuke
ALGORAND FUNDAMENTAL BUY ZONEAlgorand has bounced successfully from the $1 psychological buy zone in confluence with the fundamental demand area. This token has a use-case for instant payments with low commissions and rewards through staking. Several payment processors such as NYSE:V & NYSE:MA have shown an intensive interest in this asset since last month. This fact causes the $1 level to be detected as a good buying opportunity, as it is considered reasonable for a token that could be used to pay for goods and services. Its low market capitalization could be a trigger for a very profitable opportunity in a long-term approach . You should monitor this token, as it is a bit risky to enter while bitcoin decides its next move. However, we recommend taking advantage of these investment ideas using the DCA (Dollar Cost Averaging) strategy. So that unpredictable dumps or bad timing wouldn't be a problem when entering excellent opportunities. Check our socials and stay tuned! Have a good day, Alkalites.
ALong
by CryptoAlkaline
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