ALGO rises 9.19% to $0.102 on volume 181% above average
- —ALGO +9.19% in 24 hours to $0.102, intraday high of $0.110
- —Volume at $98.75 million — 181.66% above the 30-day average
- —Price broke the SMA-200 ($0.0963) and the 23.6% Fibonacci level ($0.1019)
- —ALGO is 96.88% below its 2019 all-time high and -56.33% over the year
Why it matters: Breaking the SMA-200 for the first time in a while could signal a trend change, but without a fundamental catalyst the rally is vulnerable to a pullback.
Source: DiarioBitcoin