randomm

Three altcoins to watch this week: ALGO, MANA and JASMY show bullish signs 

Algorand price found support around the lower trendline of a falling wedge pattern (drawn by connecting multiple highs and lows with two trendlines from early December) and recovered 12.69% last week. On Monday, ALGO extended its gains by 3.36%. At the time of writing on Tuesday, it trades slightly above $0.19, approaching the 50-day Exponential Moving Average (EMA) at $0.20.

If ALGO breaks above the 50-day EMA and closes above its daily resistance level at $0.21, it would extend the rally to retest its weekly resistance level at $0.27.

Three altcoins to watch this week: ALGO, MANA and JASMY show bullish signs 

Algorand price found support around the lower trendline of a falling wedge pattern (drawn by connecting multiple highs and lows with two trendlines from early December) and recovered 12.69% last week. On Monday, ALGO extended its gains by 3.36%. At the time of writing on Tuesday, it trades slightly above $0.19, approaching the 50-day Exponential Moving Average (EMA) at $0.20.

If ALGO breaks above the 50-day EMA and closes above its daily resistance level at $0.21, it would extend the rally to retest its weekly resistance level at $0.27.

https://www.fxstreet.com/cryptocurrencies/news/three-altcoins-to-watch-this-week-algo-mana-and-jasmy-show-bullish-signs-202504150735