Algorand Jumps 7.78% to $0.119 but Volume Stays Below Average
- —ALGO gained 7.78% to $0.1193 from an open of $0.1105
- —Volume of $89.23M is 24.57% below the 30-day average
- —RSI at 52.1 signals neutral momentum; MACD histogram stays negative
- —Price is above SMA-7/30/50/90/200 but below SMA-15 and SMA-20
Why it matters: The rally lacks volume confirmation and MACD remains bearish, so a confirmed trend reversal is not yet in place.
Source: DiarioBitcoin