It's clear that the crypto market works in waves. A couple of weeks ago we had a wave with ADA, SOL, LUNA. The days or so we're seeing crazy returns from FTM and ALGO.
ALGO is potentially the new market leader, being one of the best performers since yesterday's dump.
I'm expecting ALGO to trade in the top resistance area for a while. This area ranges from the current ATH to $1.60.
Assuming that BTC will soon recover (or at the very least not dump further), I'm expecting a push towards $2.20 and $2.50 in the coming weeks. This can go very quickly, like we've recently seen with FTM for example.
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