Algorand: Here’s how this divergence could play out for ALGO traders

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. As the buyers built pressure at the $0.41-resistance, the bears quickly reacted by inflicting a steep plummet toward Algorand’s [ALGO] multi-monthly lows. The market-wide drawdowns accelerated the alt’s southbound journey to the $0.29 support. While […]