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Multiyearlows

ALGOUSD: Potentially Reversing Bullishly From Multi-Year-LowsAlgorand is currently sitting at 3 Year lows which happen to align with the log scale 78.6% Fibonacci Retrace and has with the assist of some Bullish Divergence, Bounced back above the Descending Trendline. If we get the ideal performance from this price action, we could see ALGO eventually make its way to 78.6% retrace above at around $1.5 or even higher.
Long
by RizeSenpai

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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