Algorand / Dollar intraday: under pressure below 0.1172

Limited Decrease
l
20260121143159de9a2b74696a95c7da46579487c0f54e
ALGOUSD+0%
2026-05-04 10:56Source:TC

Our pivot point stands at 0.1172.

Our preference: under pressure below 0.1172.

Alternative scenario: the upside breakout of 0.1172, would call for 0.1203 and 0.1222.

Comment: the RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price stands above its 20 period moving average (0.1146) but below its 50 period moving average (0.1149).

Supports and resistances:

0.1222 **

0.1203 *

0.1172 **

0.1147 last

0.1109

0.1091 **

0.1072 *

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.

Written on 05-04-2026 at 10:56 UTC+1

Price reference: 0.1147 last known on 05-04-2026 at 10:56 UTC+1

Investment horizon: INTRADAY

TRADING CENTRAL recommends reading the legal and regulatory information as well as the warnings concerning the information provided accessible from the following link : ​https://global.tradingcentral.com/www/pdf/terms_of_use_web_sites_en.pdf

Reference points and analysis views from trading strategies are provided by external providers, and strategy views are only the analyst's personal evaluation and assessment, not considering the investor's investment goals and financial conditions. All strategy views are not investment advice or recommendations, only for reference. Our company also does not guarantee the accuracy of strategy views and is not responsible for any negative results that may arise from trading strategies.

More