ALGORAND WHAT IS? BUY ZONE ALREADY NEXT STOP 2X

869,417,755 Millons usd 24 hrs increase on Algorand Protocol

I will create this analysis using

The KISS method (Keep It Simple Stupid) uses a maximum of 3 tools but I try to keep it limited to 1-2.

Algo recently broke out and has completed retracement, RSI pointing to more upside now.

MACD: Has crossed above the signal line, indicating a positive change

the rsi level: the overbought zone is changing
Breakout Triangule Formed

Tp 1 is based on fibonnaci

The tp1 is based on the fibonacci retracement above the level 0 which would be 2400

Tp2: 3700

Tp3: 4800

Algorand what is?
Algorand 2021 perfomance

2021 PERFORMANCE

Block proposal time will remain 0.5 seconds. (Even though our block size will grow from 5,000 to 25,000 transactions.)
Block finalization time will shrink from 4.5 to 2.5 seconds.
Our finalized TPS will grow from 1,000 to 46,000. (Thanks to a truthful approach to block pipelining.)

Led by Turing award-winner Silvio Micali and a renowned team of cryptographers, engineers, and mathematicians that solved the blockchain trilemma, Algorand is committed to the ongoing development of best-in-class solutions for the future of economic exchange.

Feautres Smart Contract using algorand protocol

Escrow account creation
Loan payments & Fee Executions
Limit orders
Subscriptions
Collateralized obligations
Regulated & automated disbursements
Programmatic recurring fees / recurring debt
Delegated high-security account management
Interface with off-chain data providers
Cross chain Atomic Transfers
HELOC (Home Equity Line of Credit)
Decentralized exchanges
Reimbursement validation
Cross chain Atomic Transfers