Algorand has been a notable exception in what has been a relatively bearish start to the weekend. On Nov. 19, the token rose by nearly 10%, as cryptocurrency markets mostly traded lower. Another noteworthy exception was tron, which climbed for a second consecutive day.Following a low of $0.277 on Friday, ALGO/USD climbed to an intraday high of $0.3102 earlier in the day.
This saw the token climb by nearly 10% in today’s session, hitting its highest level since last Friday in the process.Looking at the chart, prices broke out of a key resistance level of $0.30 as a result of today’s surge. Another breakout can also be spotted, with the 14-day relative strength index also moving past a key resistance level of 45.20.
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