Maaaring I-activate ng ALGO ang Bullish Trend Kung Ito ay Bumaba ng $0.105 na Paglaban
Michael van de Poppe revealed that ALGO will have to overcome $0.105 before it can make a bullish move up. A significant bullish technical flag was recently triggered on ALGOs daily chart, which could allow it to overcome the $0.105 resistance soon. ALGO was trading hands at $0.1 after its price was able to increase by more than 4% over the past day. Renowned cryptocurrency trader and analyst, Michael van de Poppe, revealed on X yesterday that he is still bullish on Algorand (ALGO). According to the analyst, ALGO might still have to test the lows around $0.09 before the tokens price can start looking to make a move up. Van de Poppe also predicted that flipping resistance levels will be key for ALGO to start activating a bullish trend. In particular, the analyst pointed out that ALGO will have to overcome the $0.105 resistance and flip it into a support before a bullish move can happen. Humiling 02 - $ ALGO Still unchanged. Through that I‘m assuming we’ll need to start flipping levels to activate a bullish trend. In the current price action, Id be expecting a renewed test of the lows before we reclaim $0.105. Reclaim $0.105 = bullish activation. pic.twitter.com/8ZNycHOMMO - Michaël van de Poppe (@CryptoMichNL) Septiyembre