Algorand Price Prediction Today, October 28, 2022: ALGO/USD Triggers Selling Pressure
Join Our Telegram channel to stay up to date on breaking news coverage Price action in the ALGO/USD market broke upside out of a falling wedge triangle pattern. Subsequently, this activity has triggered some selling pressure, and this has resulted in price retracing to the downside. ALGO Forecast Statistics Data: ALGO’s current price: is $0.3313 Algorand market cap: $2.35 billion Algorand circulating supply: 7.1 billion ALGO total supply: 7.29 billion Algorand Coinmarketcap ranking: #29 Crucial Price Levels: Resistance: $0.3343, $0.3373, $0.3403 Support: $0.3313, $0.3300, $0.3280 Algorand Price Prediction Today, October 28, 2022: ALGO/USD Retraces off a Strong Resistance Following the upside breakout ALGO/USD of price movement from a falling wedge triangle trading pattern, price action appears to have found a strong resistance. This resistance is found at around $0.3500, just after a bullish price candle tested this resistance level. Mean While the Stochastic RS...