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Algorand [ALGO] traders should gauge the potential of this reversal pattern

Buyers of Algorand [ALGO] finally found rebounding opportunities in the $0.28-zone. Thus, the altcoin rose from the ashes of its multi-monthly lows over the last two days. The 38.2% and the 61.8% resistance levels have curbed the buying rallies over the last few days. So, a likely retest of the 61.8% level would position ALGO […]

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Written by Yash Majithia

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