What’s Next for This Bullish Rated Crypto?
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Algorand (ALGO) gets a bullish rating from InvestorsObserver Thursday. The coin is down 1.19% to $0.2204641422 while the broader crypto market is up 2%.
The Sentiment Score provides a quick, short-term look at the crypto’s recent performance. This can be useful for both short-term investors looking to ride a rally and longer-term investors trying to buy the dip.
Algorand price is comfortably positioned between support and resistance. With support set around $0.208253522278595 and resistance at $0.230923433663178, has some room to run before facing resistance.
Algorand has traded on low volume recently. This means that today’s volume is below its average volume over the past seven days.
Due to a lack of data, this crypto may be less suitable for some investors.
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