ALGO Analysis: 7 key levels to watch this week amid weak momentum

Price closes at 0.18, below the EMA20 (0.19), EMA50 (0.20), and EMA200 (0.23). This alignment signals a bearish trend, with rallies likely facing supply at each moving average. RSI(14) prints 42.05, sitting under the 50 line. This indicates sellers hold a modest advantage, and upside attempts may fade unless momentum improves.

Source: en.cryptonomist.ch

Related symbols: ALGOUSD