Algorand

Chainlink

Helium

Avalanche

Coin

<ul class="news-points">
 <li><strong>ALGO’s price might rise to $0.21 while AVAX might break the $40.00 resistance.</strong></li>
 <li><strong>HNT might drop to $5.11 if another bearish candlestick appears on the chart.</strong></li>
 <li><strong>LINK’s next target could be close to $16 following increasing upward momentum.</strong></li>
</ul>
<p>Many altcoins have shed a substantial part of their values in the last 30 days. Data from <a href="https://coinmarketcap.com/" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap</a> showed that cryptocurrencies like Algorand (ALGO), Avalanche (AVAX), and Chainlink (LINK) have been affected by this decline.</p>
<p>But in all of this, <a href="https://coinedition.com/helium-hnt-price-prediction/" rel="noopener noreferrer nofollow">Helium (HNT)</a> has towed a persona path as its price increased by 17.41% in the last seven days. Here is a thorough analysis of the prices and predictions.&nbsp;</p>
<h2 class="wp-block-heading" id="h-algo-price-analysis">ALGO Price Analysis</h2>
<p>At press time, ALGO’s price was $0.19 and bulls were attempting to push the price higher. Coin Edition also looked at the Exponential Moving Average (EMA) to ascertain the potential price direction.</p>
<p>At press time, the 9 EMA (blue) had crossed above the 20 EMA (yellow), indicating that the trend was bullish. Also, both EMAs reinforced the support at $0.18, indicating that an upside could be next for the token. From this analysis, ALGO’s next target could be between $0.21 and $0.23.</p>
<div class="wp-block-image">
 <figure class="aligncenter"><img decoding="async" src="https://lh7-us.googleusercontent.com/mrX55FaA62ISaxuPJDTCsut6rkKOPrjxoEa31RkfX6EU-W76AgPRv29j42sNUrtwRqRnoLUyyBXDRWYG07KQU131rXhNTCVXsfU4yUB4OYaiR2hTgUR7r7H_340Gh3FRpwXXbFvUXsXRMc2wF_2XE9w" alt="ALGO/USD 4-Hour Chart (Source: TradingView)">
  <figcaption class="wp-element-caption">
   ALGO/USD 4-Hour C…
  </figcaption>
 </figure>
</div>
<p>The post <a href="https://coinedition.com/algo-avax-hnt-link-price-analysis-may-5/" rel="noopener noreferrer nofollow">ALGO, AVAX, HNT, LINK Price Analysis: May 5</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

ALGO, AVAX, HNT, LINK Price Analysis: May 5

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Coin Edition

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