Algorand / Dollar intraday: the RSI is overbought

Limited Increase
u
20260121143159de9a2b74696a95c7da46579487c0f54e
ALGOUSD+0%
2026-07-14 15:41Source:TC

Our pivot point stands at 0.0838.

Our preference: the upside prevails as long as 0.0838 is support.

Alternative scenario: below 0.0838, expect 0.0819 and 0.0807.

Comment: the RSI is above 70. It could mean either that the price is in a lasting uptrend or just overbought and therefore bound to correct (look for bearish divergence in this case). The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 0.0841 and 0.0837). Finally, the Algorand / Dollar has crossed above its upper Bollinger band (0.0853).

Supports and resistances:

0.0903 *

0.0892 **

0.0880

0.0857 last

0.0838 **

0.0819 *

0.0807 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 07-14-2026 at 15:41 UTC+1

Price reference: 0.0857 last known on 07-14-2026 at 15:41 UTC+1

Investment horizon: INTRADAY

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