<ul>
 <li>Michael van de Poppe revealed that ALGO will have to overcome $0.105 before it can make a bullish move up.</li>
 <li>A significant bullish technical flag was recently triggered on ALGO’s daily chart, which could allow it to overcome the $0.105 resistance soon.</li>
 <li>ALGO was trading hands at $0.1 after its price was able to increase by more than 4% over the past day.</li>
</ul>
Renowned cryptocurrency trader and analyst, <a href="https://coinedition.com/tag/michael-van-de-poppe/" rel="noopener noreferrer nofollow">Michael van de Poppe</a>, revealed on X yesterday that he is still bullish on Algorand (ALGO). According to the analyst, ALGO might still have to test the lows around $0.09 before the token’s price can start looking to make a move up.
Van de Poppe also predicted that flipping resistance levels will be key for ALGO to start activating a bullish trend. In particular, the analyst pointed out that ALGO will have to overcome the $0.105 resistance and flip it into a support before a bullish move can happen.
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 Request 02 – <a href="https://twitter.com/search?q=%24ALGO&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$ALGO</a> Still unchanged. Through that I'm assuming we'll need to start flipping levels to activate a bullish trend. In the current price action, I'd be expecting a renewed test of the lows before we re…
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The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/algo-could-activate-bullish-trend-if-it-flips-0-105-resistance/">ALGO Could Activate Bullish Trend If It Flips $0.105 Resistance</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

ALGO Could Activate Bullish Trend If It Flips $0.105 Resistance

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