Algorand

Algo channel top, will it bounce?

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Algorand looks like it has broken out of a wedge and heading upward. However, it is about to hit resistance in a ascending channel it has been in since February. However, if it breaks through that resistance, that could be a good sign that it is about to continue upward similar to what it did at its previous breakout. Hence $1.45 looks to be an interesting price to watch.

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