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Technical analysis by Miiztasatish about Symbol ALGO: Buy recommendation (7/15/2025)

https://sahmeto.com/message/3638251
Miiztasatish
Miiztasatish
Rank: 6823
1.5
Buy،Technical،Miiztasatish

ALGORAND (ALGO) is one of the layer 1 blockchain platform's that is compatible with ISO 20022. ISO 20022 is a global standard for financial messaging that aims to standardize electronic data exchange between financial institutions. Some speculate whether this is applicable or not long term, however the narrative still exists, so along with other ISO 20022 cryptos such as XRP, this can mean a nice place to park some capital in crypto. Conservatively, Algorand can touch $1.00 long term and then potentially $2.00 especially if any announcements, collaborations or other catalyst arise. Algorand is working towards quantum resistance, and that's also a selling point for the blockchain. Gary Gensler once praised Algorand and take that with what you must, but that doesn't hurt when former SEC Chairman shills a crypto project.

Translated from: English
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Signal Type: Buy
Time Frame:
1 month
Profit Target:
$1
Stop Loss Price
$0.2
Price at Publish Time:
$0.28037
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