ALGOUSD is a Sleeper Coin

Trader Kyer, an analyst on TradingView, analyzed Algorand in this short excerpt from his TradingView account. Read below to find out more about the price action of Algorand.
March 2020 low was 0.14333 created as support
August 2020 low was 0.26 created as support
Just recently, ALGO regained 0.5070 as resistance turned support, heading towards:
TP1 – 0.6291
TP2 – 0.8170
TP3 – (moonshot) $1.51
Founded by Turing award winner and MIT professor Silvio Micali, Algorand is a permission less pure proof-of-stake blockchain protocol. Algorand is a scalable, secure, and decentralized digital currency and transactions platform.
This coin is looking very good going into 2021 I can’t wait to come back to this chart to see how this plays out, cheers