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Altcoins & DeFi

Algorand Rose 8.12% in Snapshot, Still Below $0.13 Resistance

Image: TokenPost

Algorand (ALGO) traded at $0.1182671 at 10:45 p.m. ET Oct. 15 (02:45 UTC Oct. 16), up 8.12% over the previous 24 hours. The price remained below the $0.13 resistance level in an Oct. 16 technical setup, which marked $0.12 as a pivot. An earlier snapshot at 9:01 p.m. ET Oct. 15 (01:01 UTC Oct. 16) put ALGO at $0.1181413, up 2.23% over 24 hours. Each percentage reflects a rolling window captured at a different time, so the readings do not cover the same period. The Oct. 16 setup listed $0.11 and $0.10 as support. Its 14-period daily relative strength index was 54.03. The moving average convergence divergence line and signal were both 0.0028, with a histogram of 0.0000.

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