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ALGO price in danger of 25% correction despite Algorand–FIFA partnership hype -Breaking

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ALGO price in danger of 25% correction despite Algorand–FIFA partnership hype

AlgorandALGOAfter becoming FIFA has chosen blockchain as its official solution provider. However, there are still risks to the pair.

ALGO’s prices jumped 20%, to $0.74. Its highest level since April 22, 22. The move up was part of the wider rebound that began April 30th, with a gain of 37.5% within three trading days.

ALGO/USD price chart daily. Source: TradingView
Chart of daily prices for USD/ALGO featuring resistance confluence. TradingView
Daily price chart for ALGO/USD with breakout configuration. Source: TradingView