Issue 148 – Algorand Buying Opportunity Coming Up

January 14, 2022


With Bitcoin still 37% off its all-time high, many altcoins are on sale. However, buying low with limited drawdown is a matter of timing. So today, I’m sharing where I think it makes sense to buy ALGO in the coming weeks and a few areas to target. Plus, I’ll provide updates on BTC, ETH, and VET. Let’s go!

Where I’d Buy Algorand (ALGO)

Like most of the crypto market, Algorand has been trending higher since 2020. Even after the significant pullbacks we’ve seen here and elsewhere, there’s no sign of a trend change. In fact, ALGO is still trading within the ascending channel that began more than a year ago.

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Justin Bennett

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About the Author

I'm Justin Bennett, a currency trader turned crypto enthusiast. My journey started with stocks in 2002. After limited success, I transitioned to currencies in 2007, which later became a full time trading gig. The journey continued, and in 2020, I committed to learning about cryptocurrencies. It was love at first sight. Cryptocademy.com is the culmination of my love for cryptocurrencies, my passion for financial markets, and desire to learn and teach.

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