Two consecutive bullish signals were issued; Will ALGO hit $0.2?

study time: < 1 minutes

According to some analysts, two consecutive bullish signals from the TD Sequential indicator (TD Sequential) on the daily ALGO price chart have been issued at the same time, which is usually a sign of the end of the correction and the beginning of a new short-term rally.

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ALGO’s main support is in the $0.15 range, and its key resistance is the $0.165 level. Crossing this resistance can bring the price to $0.2; But if the $0.15 support fails, there is a possibility of a price drop to $0.145.