Algorand (ALGO) is preparing for a bullish breakout with its continued movement around the resistance point. The cryptocurrency market is having a bullish day. Bitcoin (BTC) also mobilized altcoins with its $400 reaction rise. Many altcoins have approached potential resistance points.
Algorand, one of these altcoins, seems ready for a possible rise. ALGO tested the resistance point by pinning above $0.1076. If the resistance zone is exceeded, there may be a 10 percent reaction increase in the ALGO price.
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