Markets· ★★· bullish·

ALGO Jumps 16.81% to $0.139 on Volume 53.5% Above Average

  • —ALGO price at $0.139156, up 16.81% on the day, intraday high $0.1421122
  • —Volume of $150.47 million, 53.50% above the 30-day average
  • —RSI at 65.3 with price above the 7-, 30- and 200-day SMAs
  • —Bearish MACD histogram and stochastic at 89.9 signal pullback risk
Why it matters: A sharp rally without a confirmed catalyst and on elevated volume raises the risk of a swift reversal for buyers.
#ALGO
Source: DiarioBitcoin
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