analysis

ALGO Price Prediction: $0.12 Is the Wall — Break It or Bleed Back to $0.10

0Importance
closedStatus
1News media
Published
Updated

Key claims & sources

Summary in preparation.

Market reaction i

AlgorandALGO the event is about this asset

Algorand rose 1.2% in the 4 hours after the first headline, after rising 1.4% in the 2 hours before.

$0.1170 price at the headline
+1.4% 2 h before
+1.2% 4 h after
+0.9% 12 h after
First headline

48 prices, one every 30 minutes · The move was larger before the first headline than after: an observation, not an explanation. The market also moves on things nobody publishes.

Coverage timeline

Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.

first
Sep 26 11:00
+23 h 59 m
Sep 27 10:59
Blockchain.News context
Its angle: stochastics, pushing, whether
+1 d 23 h
Sep 28 10:58
Blockchain.News context
Its angle: positioned, stochastic, resistance
+3 d
Sep 29 11:02
Blockchain.News echo
No new facts: overloved, bullishly, histogram

Where this sits in the Algorand series

WhenWhat happenedFigure
41 days ago ALGO at $0.1400 high today it sits -33.6% from there
5 days ago ALGO at $0.0903 low today it sits +3.0% from there

From what we have stored, starting 2 months ago.