ALGO អាច​នឹង​មាន​កម្រិត​ខ្ពស់​ជាង​មុន TAMA ដើម្បី​បូម​ដោយ​កំហឹង

ALGO Started trending towards lower levels around the 14th of this month. And since then, all the price action of this crypto has retraced below the long-term support level of $0.3000. Nevertheless, there are interesting signs in the ALGO/USD market, and we must examine them.

ទិន្នន័យស្ថិតិព្យាករណ៍ Algorand៖
Algorand Current Price: $0.3080
Algorand Market Capitalization: $2.1 billion
Algorand Systemic Supply: 6.9 billion
Algorand Overall Supply: 7.3 billion
Algorand Coinmarketcap Position: #31

កំរិតសំខាន់ៈ
កម្រិតកំពូល៖ $0.3082, $0.3336, $0.3400
កម្រិតខាងក្រោម៖ $0.3459, $0.3347, $3331

ALGO អាច​នឹង​មាន​កម្រិត​ខ្ពស់​ជាង​មុន TAMA ដើម្បី​បូម​ដោយ​កំហឹង

Is ALGO Attempting to Retrace Higher Level, Tama a Real Game Changer

ការពិនិត្យមើល ALGO / ដុល្លារ chart one can easily spot a green candlestick showing up after a long red one. This red candle sunk price significantly in just one trading session. This indicates that there was a lot of selling in that session. Nevertheless, it appears as if the buyer has mounted a buy order of around $0.2800. Eventually, these pending order ware triggered when selling pressure was triggered.  It is okay to expect that an uptrend may resume from here as buying pressure may increase given the possibility of subsequent value increase. Traders can catch in early on developing upward price increase, by placing a buy order near the current price of $0.2914.

ALGO អាច​នឹង​មាន​កម្រិត​ខ្ពស់​ជាង​មុន TAMA ដើម្បី​បូម​ដោយ​កំហឹង

ការវិភាគតម្លៃ Algorand៖ ទិសដៅកើនឡើង ALGO/USD ហាក់ដូចជាខ្សោយ

On an ALGO/USD 4-hour chart, there are trading indicators giving clues about increasing traders’ strength. The EMA lines can be seen moving ever closer to the price of candles. Consequently, a further increase in buying pressure will cause the price candle to cross above the quicker EMA line. Eventually, this will throw open doors for more upside value gain, as more traders will want to ride the trend.

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In addition, the Stochastic RSI threads are already rising upwards. And, this portrays that buyers are beginning to mount pressure. This is further to the fact that an uptrend is brewing. Eventually, the price may rise to nearly $0.3200.

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Source: https://insidebitcoins.com/news/algo-may-be-retracing-higher-level-tama-to-pump-furiously