Listen up ALGO traders! These challenges could be en route...
Furthermore, the token exchanged hands at $0.1303 which was 6.64% lower over the last 24 hours. However, ALGO’s seven-day performance showed a 12.19% price surge which was good news for the altcoin.To add to the news of the partnership, ALGO’s daily price chart also painted a positive picture. Although ALGO traded 4.76% lower than its opening price for the day, its Awesome Oscillator was seen flashing green bars at the time of writing. This was a bullish indication for the token.
Furthermore, a look at the Moving Average Convergence Divergence painted a bullish picture. The MACD line was moving above the signal line at press time. However, the MACD indicator could flip in the event of increased selling pressure. This seemed like a possibility considering the position ofAt the time of writing, ALGO’s RSI stood at 49.85. But what was concerning was the direction in which the RSI was headed.
This was a clear indication that not much was happening on the development front for the Algorand blockchain. Additionally, ALGO’s weighted sentiment also stood at -1.027. This depicted that the market sentiment towards ALGO wasn’t positive at the time of writing.A fall in price combined with a dropping volume was further evidence of a declining trader interest in the buying or selling of the token.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Residents brave rain to listen to local actsRead the full story and comment on Tbnewswatch.com
Read more »
Comment: Dix needs to listen to health-care providersHealth Minister Adrian Dix uses the findings of adviser Harry Cayton to defend the rapid introduction and approval of Bill 36, but refuses to comment on the contradictory content from the report and snubbing the issues raised by the Doctors of BC.
Read more »
How to watch and listen to CBC Toronto's live mayoral byelection specials | CBC NewsTorontonians head to the polls on Monday, June 26 to vote in a byelection that will see a new mayor elected to lead the city. CBC Toronto will bring you the results as well as in-depth coverage about how the results will shape the city's future.
Read more »
Upcycling my closet gave voice to the outfits’ secret historiesLearning to listen for the stories hidden in the old clothes I love to transform made me enjoy my lifelong passion even more
Read more »
LILLEY: No, Poilievre shouldn't to panic over last week's byelectionsPierre Poilievre doesn\u0027t need to listen to the liberal commentariat on how he should win an election.
Read more »
LILLEY: No, Poilievre shouldn't panic over last week's byelectionsPierre Poilievre doesn\u0027t need to listen to the liberal commentariat on how he should win an election.
Read more »