ALGO has exceeded 12% in the past 24 hours, with its current price of 0.2167, breaking through the 54.85M ALGO of about US$11.18 million, showing a relatively strong performance.
Features of this breakthrough:
A large positive line broke through the recent pressure level, showing strong upward momentum.
The trading volume was significantly increased, indicating that this rise was not a false pull-up.
As a veteran Layer1, ALGO may have an opportunity without fully unleashing its potential.
At present, ALGO's performance is very strong, but whether it can continue to break through and stand firm in the current price needs further observation. After all, it has been silent for a long time. Whether this rise means a real recovery will take time to verify.
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