ALGO still down 88% from ATH DESPITE recent 480% hike – What next?

Akashnath S

Algorand had a bearish market structure on the daily chart
Reduced speculations and spot demand suggested further losses may be likely in the short-term

Algorand [ALGO] was one of the coins

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ALGO still down 88% from ATH DESPITE recent 480% hike – What next?