$ALGO Spot Update — Algorand holding the 9-cent line
$ALGO is trading around $0.091, up about 2% in the last 24h, with a day range of $0.089 to $0.0922. Market cap is near $828M, ranked around #68.
Key levels:
Support: $0.089, then $0.085
Resistance: $0.0922, then $0.0945
ALGO is still down about 8% over the past 7 days, so this bounce is small — but holding above $0.089 keeps the short-term structure intact. A clean break above $0.0945 would open the door to $0.10.
$BTC is hovering near $74,000, just above its 200-day average near $73,100. If BTC holds that level, alts like ALGO get room to breathe.
Verdict: watch $0.0922 — break it and momentum builds, lose $0.089 and it is back toward the lows.
Not financial advice. DYOR.
#Algorand #Altcoins #Crypto
$ALGO is trading around $0.091, up about 2% in the last 24h, with a day range of $0.089 to $0.0922. Market cap is near $828M, ranked around #68.
Key levels:
Support: $0.089, then $0.085
Resistance: $0.0922, then $0.0945
ALGO is still down about 8% over the past 7 days, so this bounce is small — but holding above $0.089 keeps the short-term structure intact. A clean break above $0.0945 would open the door to $0.10.
$BTC is hovering near $74,000, just above its 200-day average near $73,100. If BTC holds that level, alts like ALGO get room to breathe.
Verdict: watch $0.0922 — break it and momentum builds, lose $0.089 and it is back toward the lows.
Not financial advice. DYOR.
#Algorand #Altcoins #Crypto