ALGO Falls 5.70% to $0.1234 on Volume 60% Above Average
- —ALGO trades at $0.1234, down 5.70% on the day, below its $0.1308 open
- —Daily volume hit $147.3 million, 60.25% above the 30-day average
- —RSI at 57.7 and a bearish MACD histogram point to mixed momentum
- —Price holds above SMA-15 ($0.1215) and SMA-200 ($0.0990), but sits below SMA-7
Why it matters: The drop on elevated volume tests near-term support; holding SMA-15 will determine whether the pullback turns into a trend reversal.
Source: DiarioBitcoin