(ALGO) ALGORAND "gravestone doji"At the peak of price of Algorand the chart pattern formed a gravestone doji candle before depleting and falling into the reckoning wave of losses along with most other cryptourrency.
MIT
ALGORAND: $2.25 | Road to $21++ by the usual suspectsthe project is well documented and the folks at MiT are well funded backed up by Angel Investor since day 1
towards web 3.0.. kinda like Tim Berners lee rolling out of WWW in the 70s
PSA: Beware of "Zombie Chains" - ETC, MIOTABitcoin, Ethereum, and most of the projects out there have never had their protocol compromised. There are a few exceptions -- the biggest ones being Ethereum Classic (ETC) and MIOTA. ETC had their protocol compromised by a 51% attack, MIOTA's system is most likely not even a real blockchain, after being audited by the MIT Technology Review. But we call them "zombie chains" because the blockchain allows for these projects to persist, even though it's dead.
KOPN - AR/VR partnerSHIPSKOPN has glass tech for AR/VR right out of Westborough, MA and a great MIT technology that has partnershop habits for growing market.
Chart comments:
* 4h-1d chart showing MACD crossover on just over 7.2M shares volume for the day posting a nice 10.5% gain.
* CCI just crossing 0 and RSI bouncing nicely off 50% zone showing strength of owners holding put.
* 21 other days were stronger than today in the past 3 months in volume with 2 days trading 15M shares
* Price ran with green volume spike days last May, July, and 2x in Dec before hitting high of $13.62 Feb 16.
* Price recovering from 4-6 week pullback and posted positive earnings March 02 and trend into profit growth pound zone.
* Next earnings May 11th expected to be -0.02 and ready amp up/down with good news or unexpected bad
* Bounce came off golden 618 retrace and at 318 now, look for quick jump to $11.50 and look for volume up or down.
* Owned since buy Nov price signals as AR/VR play having military techno gear (extreme durability category)
New AR app: Called "Better than holding paper biscuits" - the DEM presses are runningz$$$
Keep Calm and Algorandmaxx
One block finality
Forkless
High Throughput
No Staking
No Validators
Decentralized Consensus
Stateless and Stateful Smart Contracts
MIT, Silvio, Gensler
Easy to Install and Use
Wallets don't have to store entire block chain
Keep coping ADAcels, I am drinking the marmalade of your tears rn.
