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Algorand Price Prediction: ALGO eyes another 34% correction

Algorand price saw a healthy upswing over the past couple of weeks, but this bullish structure hints at a bearish breakout shortly. Algorand price pri ....

Technical Analysis ,

Algorand Price Prediction: ALGO vies for 85% advance upon the breach of its consolidation


Following
4/15/2021 7:32:33 AM GMT
Algorand price is traversing a bullish pennant, hinting at an 85% upswing to $2.83.
A decisive close above $1.53 will signal a breach of the pennant’s upper trend line.
ALGO will kick-start a new downtrend if it slices through the 50% Fibonacci retracement level at $1.03.
Algorand price is trading inside a bullish consolidation pattern that forecasts massive gains.
Algorand price edges closer to breakout
Algorand price has been consolidating in a bullish pennant, composed of an initial burst in the market value followed by the formation of lower highs and higher lows connected using trend lines.
The continuation pattern projects an 85% advance to $2.83, determined by adding the flagpole’s height to the breakout point at $1.53. ....

Moving Average , Technical Analysis , நகரும் சராசரி ,

Algorand Enhances TEAL Smart Contract Language in Latest Upgrade


Algorand Enhances TEAL Smart Contract Language in Latest Upgrade
application building expands
BOSTON, April 13, 2021 /PRNewswire/
Algorand, a leading blockchain technology company accelerating the convergence of decentralized and traditional finance, continues to deliver on its commitment to technical innovation with the availability of its latest upgrade to its Layer-1 Smart Contracts language (TEAL), the first in a series of such enhancements. Smart Contracts on Algorand are built into Layer-1 and thus benefit from the network s speed, security, and scalability with reduced settlement risk through trustless execution, low transaction fees, and flexible implementations needed to power complex applications.
The latest upgrade is based on direct feedback from the Algorand developer community to address and remove obstacles for viable mainstream adoption, mainly by ensuring application development is faster and more efficient. Algorand s smart contract language, ....

United States , Kostenloser Wertpapierhandel , Chris Swenor , Silvio Micali , Algorand Foundation , Transaction Execution Approval Language , Atomic Transfer , Atomic Transfers , Raffle Applications , Yield Generating , Turing Award Winning , ஒன்றுபட்டது மாநிலங்களில் , பரிவர்த்தனை மரணதண்டனை ஒப்புதல் மொழி , அணு இடமாற்றங்கள் , மகசூல் ஜெநரேடிஂக் , டூரிங் விருது வென்றது ,

Algorand price targets $2 as platform adds support for several projects


 
The Swingby Protocol has received a strategic grant from the Algorand Foundation to bring its Skybridge technology to the Algorand blockchain. The Swingby Skybridge is a trustless bridge between BSC, ETH and BTC, as well as other blockchains. 
Algorand price ready for new yearly highs
On the 12-hour chart, the Algorand price had a significant breakout from a symmetrical triangle pattern with a price target of $2 in the long term. This was calculated using the maximum height of the pattern as a reference point. 
ALGO/USD 12-hour chart
There is practically no resistance on the way up beside the $1.42 level, which has rejected the price several times in a row and the 2021 high of $1.84.  ....

Fangfang Chen , Swingby Skybridge , Algorand Foundation , Chief Operating Officer , Swingby Protocol , Technical Analysis , தலைமை இயங்குகிறது அதிகாரி , தொழில்நுட்ப பகுப்பாய்வு ,