Our pivot point is at 0.0886.
Our preference: The downside prevails as long as 0.0886 is resistance, with 0.0829 and 0.0817 as targets
Alternative scenario: above 0.0886, look for 0.0908 and 0.0920.
Comment: the RSI is below 30. It could either mean that the price is in a lasting downtrend or just oversold and therefore bound to retrace (look for bullish divergence in this case). The MACD is below its signal line and negative. The configuration is negative. The price stands below its 20 and 50 period moving average (respectively at 0.0876 and 0.0874). The Algorand / Dollar is trading below its lower Bollinger band (standing at 0.0861).
Supports and resistances:
0.0920 **
0.0908 *
0.0886 **
0.0854 last
0.0829
0.0817 **
0.0804 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 08-31-2026 at 01:30 UTC+1
Price reference: 0.0855 last known on 08-31-2026 at 01:30 UTC+1
Investment horizon: INTRADAY
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