Today we have a brief analysis of two tokens. They are ACH and AGLD.
ALGD is different from other Tokens. It maintains a bullish trend for most time in 2023. Price pumped with high trading volume. But starting from July 21, the bears has strengthened, covering the previous gains of the rapid rise. Afterwards, prices remained fluctuating. ALGD turned neutral on a large scale based on the violent falling.
Conclusion: There is a high probability that the fall will not end. Although the gap between bulls and bears is not obvious, the high point is falling during the fluctuation (shown by the red dotted line). This is a bearish signal. We set resistance level at 0.75 and support level at 0.57.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
ALGD is different from other Tokens. It maintains a bullish trend for most time in 2023. Price pumped with high trading volume. But starting from July 21, the bears has strengthened, covering the previous gains of the rapid rise. Afterwards, prices remained fluctuating. ALGD turned neutral on a large scale based on the violent falling.
Conclusion: There is a high probability that the fall will not end. Although the gap between bulls and bears is not obvious, the high point is falling during the fluctuation (shown by the red dotted line). This is a bearish signal. We set resistance level at 0.75 and support level at 0.57.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
