Algowave priceALGO

$ALGO - Mcap 1,68B$ - 86%/ 122,3K votes Bullish SC02 M1 - pending Long order. Entry is within LVN + with 2 prior very profitable Long orders, estimated stop-loss around 0.94%. The uptrend is in the 120th cycle, increase amplitude 5.52%. #TradingSetup #CryptoInsights

Top trending cryptos you should be watching: LILPEPE • DOGE • XRP • SHIB • BNB • QNT • ALGO 🔹 LILPEPE’s presale + audit = serious meme‑coin heat 🔹 DOGE & SHIB — OGs with staying power 🔹 XRP & ALGO trending with institutional interest 🔹 BNB quietly outperforming 🔹 QNT stepping into broader infrastructure / CBDC talk 👀 Keep eyes on these. Can the momentum hold? #Crypto #Altcoins #TrendingCoins

Algorand ( $ALGO ) price may be approaching a trend reversal, with potential to rally toward $1 if it breaks above the 20-week MA on the weekly chart. Algorand ( $ALGO ) price continues to extend its downtrend, consistently forming lower highs. The price has recently broken horizontal support around $0.22, dipping to $0.20 where buyers stepped in to scoop the dip, driving the altcoin‘s price back up to retest the $0.22 zone. However, RSI readings hover around 46, underscoring a neutral-to-bearish bias that leaves room for further downside. Another potential retest of the $0.20 level appears likely, as that area now serves as the new local support. If this support zone is tested again, it could set up a potential double-bottom pattern, with the neckline forming around $0.23. A confirmed breakout above this neckline could trigger a measured move toward $0.26–$0.27, potentially signaling the start of a trend reversal to the upside. Algorand price could rally to $1 Zooming out to the weekly chart, Algorand price appears to be sliding toward its historical accumulation base . A breakout above the 20-week moving average could signal a broader trend reversal for ALGO and potentially trigger a rally toward the $1 mark, in line with the 1.618 Fibonacci extension level near $0.90–$1.00.

$ALGO DIP ALERT !! DOWN BY 1% IN THE LAST HR !! STAY TUNED FOR SIGNALS !!

Aggregated Structure of 7 $ALGO orderbooks just changed. There is now 35.46% more bids than asks within a 10% depth. Bids sum: $2,913,628.18 - Asks sum: $2,150,955.13 ️⚖️ 🟢️