Whales Accumulate Algorand, But ALGO Remains Stuck Below Resistance
13h05 ▪
3
min read ▪ by
Algorand sends strong fundamental signals. The network is gaining momentum, active addresses are skyrocketing, and the return of the whales is confirmed. However, in the crypto ecosystem, this type of setup does not always lead to an immediate price increase. This is exactly what is happening here: ALGO remains stuck despite the positive background trend.
In Brief
- Algorand records a sharp increase in network activity, but ALGO’s price remains stuck below $0.19.
- Spot investors…