Algowave narxiALGO

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 ️⚖️ 🟢️

$ALGO , Low risk High reward. (For spot only). DYOR, NFA #ALGO

$AVNT $BTC $LUNA $MYX $RCADE $DOGE $SUI $SWELL $ALGO $WLFI $WLD ■ Tsarin Koyo: Crypto Analysis (Makonni 4) Wannan shiri yana koyar da kai yadda zaka zama ■wararren mai yin nazarin kasuwar crypto (analysis), musamman akan manyan coins naka guda biyar: $ASTER, $AVNT, $STBL, $HYPE, da $MYX. ■ Mako na 1: Fahimtar Asalin Crypto da Tsarin Kasuwa Manufa: Ka san menene crypto, blockchain, da yadda kasuwa ke aiki. Abubuwan da zaka koya: - Menene crypto, blockchain, da tokenomics. - Bambanci tsakanin coin da token. - Menene Market Cap, Supply, da Volume. - Fahimtar Bull da Bear market. Aiki: - Duba coins $ASTER, $AVNT, da $STBL a CoinMarketCap ka rubuta Market Cap da Supply ■insu. ■ Mako na 2: Technical Analysis (TA) – Karatun Chart Manufa: Ka iya karanta charts, candles, trends da patterns. Abubuwan da zaka koya: - Yadda candles ke nuna motsin farashi. - Support & Resistance zones. - Chart patterns (Triangles, Double Bottom, Head & Shoulders). - Entry da Exit zones. Aiki: - A TradingView, zana chart na $MYX ka gano support da resistance. ■ Mako na 3: Indicators da Volume Analysis Manufa: Ka koyi amfani da indicators don tabbatar da analysis ■inka. Abubuwan da zaka koya: - RSI (Relative Strength Index). - MACD (Momentum direction). - EMA (Exponential Moving Average). - Yadda volume ke nuna ■arfi ko raunin motsi. Aiki: - Ka saka RSI da MACD a chart ■in $HYPE. - Ka rubuta lokacin RSI < 30 (buy signal) da > 70 (sell signal). ■ Mako na 4: Fundamental da Sentiment Analysis Manufa: Ka iya gane project mai kyau kafin hype. Abubuwan da zaka koya: - Nazarin whitepaper da team. - Dubawa partnerships, updates, da listings. - Social media sentiment (Twitter, Telegram, Discord). - On-chain data (holders, whales activities). Aiki: - Yi cikakken analysis akan $STBL ko $AVNT (FA + TA). - Rubuta buy zone, sell targets, da risk level. ■ Bayan Mako na 4 Da zarar ka gama wannan shirin, zaka iya yin cikakken analysis naka kai tsaye. Ka ha■a Technical, Fundamental, da Sentiment Analysis don samun sakamako mafi kyau. Misali (na coin $MYX): - Buy Zone: $0.0015 – $0.0017 - Sell Targets: $0.0023 / $0.0029 / $0.0035 - RSI: 40 → Room to grow - Sentiment: Bullish