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    Home»Analytics»Algorand (ALGO) Predicts Rise to $0.92, $1 and $1.7
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    Analytics

    Algorand (ALGO) Predicts Rise to $0.92, $1 and $1.7

    AdministratorBy Administrator05.04.2022No Comments1 Min Read
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    Reading time: ~2 m


    The price of Algorand is poised for a recovery, leading analysts to set a target for the altcoin at $1. The partnership with the British racing team appears to have spurred optimism.

    Algorand price crossed $1 during the recent upside rally, then ALGO pulled back to $0.88. However, it is believed that this is a healthy correction, and the altcoin may begin to recover in the very near future.

    The Proof-of-Stake (PoS) blockchain protocol team recently announced a new sports partnership with Blocsport.one AG and Envision Racing.

    Blocsport.one AG is engaged in NFT collecting, as well as cryptocurrency transfers and tokenization. Envision Racing is a British racing team.

    The collaboration will see the release of eight unique limited-edition NFTs from different racing venues.

    https://bt-crow.com/wp-content/uploads/2022/04/experience-formula-e-through-the-greenest-nft-series.-powered-by-algorand-f[email protected]@envision_racing.-.mp4

    Crypto analyst @Engineeringhere has been watching Algorand’s price chart and found the best entry point below $1 at the current price of $0.88.

    Another analyst identified a falling wedge pattern on Algorand’s daily price chart, which is considered a bullish formation. In accordance with it, the goals for the growth of the token are $ 0.92, 1 and $ 1.7.

    Algorand ALGO Predicts Rise to 092 1 and 17




    #Algorand #ALGO #Predicts #Rise

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