Algorand / Dollar intraday: target 0.1653

Limited Decrease
l
20260121143159de9a2b74696a95c7da46579487c0f54e
ALGOUSD+0%
2025-06-28 08:56Source:TC

0.1774 is our pivot point.

Our preference: target 0.1653.

Alternative scenario: above 0.1774, look for 0.1821 and 0.1849.

Comment: the RSI is below 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (0.1745) but above its 50 period moving average (0.1732).

Supports and resistances:

0.1849 **

0.1821 *

0.1774 **

0.1756

0.1738 last

0.1680

0.1653 **

0.1625 *

0.1597 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 06-28-2025 at 08:56 UTC+1

Price reference: 0.1738 last known on 06-28-2025 at 08:56 UTC+1

Investment horizon: INTRADAY

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