- The bearish rally can be observed for a long time on the daily graph. Bulls need to concentrate.
- Bitstamp launches ALGO and ETH revenue products.
- The ALGO / BTC pair is 0.0000126 BTC with a loss of 2.42%
Algorand Is a self-contained, decentralized, blockchain-based network that supports a wide range of applications. These systems are safe, scalable, efficient, and are all important characteristics for achieving effective applications in the real world.
Can be observed Argo Prices have long faced a downtrend beyond the daily graph. This clearly shows that bears dominate here and Bull does not give them the opportunity to take over the market. This means that the bulls need more support to overcome this bearish barrier. The bearish move should turn around quickly, as investors face huge losses every day. Some analysts find it very difficult to collect coins after falling below the $ 0.500 support.
One current price Argo The coin is trading at $ 0.372 and its market capitalization over the last 24 hours has dropped by 5.34%. The coin volume is 92 million, with a loss of 5.23% in a 24-hour trading session, a market capitalization of 2.5 billion, and a loss of 5.34%. The volume market capitalization ratio is 0.03604.
Crypto Exchange Bitstamp launches ALGO and ETH revenue products in the United States.
Bitstamp has launched Earn products to US customers. Customers can be interested in ALGO and ETH staking.
As the company continues to expand into the US market, Luxembourg-based Bitstamp will introduce US investors to Bitstamp-winning products.
Already available to Bitstamp’s non-US customers, this product is intended to be a turnkey ALGO and ETH staking solution. Investors fund Bitstamp accounts and collect staking rewards. As part of that, Bitstamp charges a fee on the yields earned by customers.
Very importantly, US CEO Bobby Zagotta told Decrypt that lending does not generate yields like other high-interest crypto accounts.
ALGO prices have long faced a downward trend beyond the daily graph. Bulls need more support to overcome this bearish barrier. Bitstamp has launched Earn products to US customers. Encouraging customers to bet on ALGO may help the coin recover.
Resistance levels: $ 0.45 and $ 0.60
Support levels: $ 0.30 and $ 0.40
The views and opinions expressed by the author or the people nominated in this article are for informational purposes only and do not establish financial, investment, or other advice. Investing or trading crypto assets carries the risk of financial loss.