Algorand / Dollar intraday: under pressure below 0.1836

Limited Decrease
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20250603101759939914019da87ed4cb44a445318c6d99
ALGOUSD+0%
2025-10-19 08:14Source:TC

Our pivot point stands at 0.1836.

Our preference: under pressure below 0.1836.

Alternative scenario: above 0.1836, look for 0.1886 and 0.1916.

Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 0.1795 and 0.1794).

Supports and resistances:

0.1916 **

0.1886 *

0.1836 **

0.1816

0.1791 last

0.1731

0.1701 **

0.1671 *

0.1641 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 10-19-2025 at 08:14 UTC+1

Price reference: 0.1791 last known on 10-19-2025 at 08:14 UTC+1

Investment horizon: INTRADAY

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