ALGO’s Dip Nears End: Oversold Indicators Signal Potential Rebound
A bearish trend has dominated the Algorand (ALGO) market in the previous seven days after bulls failed to break above the intra-week high of $0.096183. Consequently, bearish sentiment has prevailed, with the price falling to a 30-day low of $0.08881. Profit-taking by investors intending to profit from the prior bullish run has exacerbated the current...