Something interesting is happening with $ALGO
The price is up 2.45% over 24 hours, but the 7-day performance is still down 7.58%.
Here's the detail that caught my attention: spot volume has dropped 42.88%.
Price is moving up, but participation is getting weaker. That's a divergence worth watching.
A stronger move would be more convincing if trading activity started picking up alongside the price.
#ALGO #Algorand #CryptoAnalysis #AltcoinMarket #BinanceSquare
The price is up 2.45% over 24 hours, but the 7-day performance is still down 7.58%.
Here's the detail that caught my attention: spot volume has dropped 42.88%.
Price is moving up, but participation is getting weaker. That's a divergence worth watching.
A stronger move would be more convincing if trading activity started picking up alongside the price.
#ALGO #Algorand #CryptoAnalysis #AltcoinMarket #BinanceSquare
