Algorand [ALGO] testing local lows: A breakdown on the way or a bear trap

Almost three weeks have passed since ALGO set a new 2022 low at $0.34 on 12 May, courtesy of the crash after UST’s collapse. ALGO experienced a notable bounce-back since then, but it has since then given up those gains in favor of a support retest. ALGO’s latest price action has been attempting to challenge […]