Algorand / Dollar ST: the downside prevails as long as 0.2134 is resistance

High Volatility
20250603101759939914019da87ed4cb44a445318c6d99
ALGOUSD+0%
2025-10-21 12:13Source:TC

Our pivot point stands at 0.2134.

Our preference: the downside prevails as long as 0.2134 is resistance.

Alternative scenario: above 0.2134, look for 0.2475 and 0.2679.

Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 0.2034 and 0.2181).

Supports and resistances:

0.2679 **

0.2475 *

0.2134 **

0.2000

0.1788 last

0.1391

0.1197 **

0.1003 *

0.0810 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 10-21-2025 at 12:13 UTC+1

Price reference: 0.1788 last known on 10-21-2025 at 12:13 UTC+1

Investment horizon: ST

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Reference points and analysis views from trading strategies are provided by external providers, and strategy views are only the analyst's personal evaluation and assessment, not considering the investor's investment goals and financial conditions. All strategy views are not investment advice or recommendations, only for reference. Our company also does not guarantee the accuracy of strategy views and is not responsible for any negative results that may arise from trading strategies.

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