Algorand / Dollar intraday: the RSI is overbought

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20260121143159de9a2b74696a95c7da46579487c0f54e
ALGOUSD+0%
2026-03-30 10:48Source:TC

Our pivot point stands at 0.0820.

Our preference: the upside prevails as long as 0.0820 is support.

Alternative scenario: the downside breakout of 0.0820 would call for 0.0797 and 0.0783.

Comment: the RSI is trading above 70. This could mean that either the price is in a lasting uptrend or just overbought and that therefore a correction could shape (look for bearish divergence in this case). The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.0825 and 0.0817).

Supports and resistances:

0.0897 *

0.0883 **

0.0870

0.0841 last

0.0820 **

0.0797 *

0.0783 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 03-30-2026 at 10:48 UTC+1

Price reference: 0.0841 last known on 03-30-2026 at 10:48 UTC+1

Investment horizon: INTRADAY

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