Biggest Movers: ALGO Nearly 10% Higher, TRX Extends Recent Gains – Market Updates Bitcoin News

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ALGO almost 10% higher on Saturday, as TRX hits 5-day high.

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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