Algorand [ALGO]: Is the threat of another round of sell-off real

After plummeting below the $0.68-mark, Algorand [ALGO] hovered around the high liquidity range near $0.7 for over a week. However, the broader liquidations led the altcoin to accelerate its southbound journey to the $0.39 support. While the current recovery aimed to slam the 23.6% Fibonacci resistance, any close below the 20 EMA (red) could transpose […]