Price Analysis of Algorand (ALGO), TRON (TRX), FTX Token (FTT), and Bitcoin Cash (BCH)

Algorand (ALGO) has reportedly observed a strong push from the investors who are currently supporting bullish trends. Therefore, the price of Algorand has elevated by 8.72% in the past 24-hours. As for the past 7-days, the observed growth rate has been 3.77%.

By January 29, 2022, the price being observed for Algorand was at a low value of $1.001. At the time of publication, the value of Algorand has moved up to $1.02 per ALGO.

If bulls take the lead against the bears for a longer period of time, then the price of Algorand may get boosted to $1.10 per ALGO. As investors see ALGO turning bullish, they may want to get a piece of the action and accumulate more ALGO, pushing it up to $1.20.

TRON (TRX) bulls do not seem to be in the mood of losing their ground to the bears. The past 24-hour 5.24% rally is a demonstration of how much the bulls are invested in uplifting TRX’s value in the market. Apparently, the bulls have been doing it for the past 7-days as TRON has continued surging by 12.22% in the particular period.

At the time of writing, TRON is hovering at a high price of $0.06561 compared to the low price of $0.060 it observed on the 29th of January. As more investors join the bulls, then TRON would see its price upgraded to $0.069, and then up to $0.075.

FTX Token (FTT) is also observing a high figure of $46.42 in the past 24-hours, after witnessing a 7.53% rally. The price of FTT has been rising for the past 7-days as the rally it has witnessed in the respective period is 13.81%.

The recent surges achieved by the bulls have built up trust among the investors to invest in achieving a higher price of FTX Token. If things go as predicted by TradingView, then the price of FTT may rise up to $49.91 per FTT.

If more investors join the rally and make it work out for a longer period of time, then the price of FTT may grow up to $53.67 per FTT.

Bitcoin Cash (BCH) bulls are also aiming to follow the same track as other high-performing digital assets. Therefore, the BCH bulls have invested a lot of resources into acquiring as many BCH as possible on lower levels. This has initiated a strong rally at a lower level that has currently grown up by 8.45% in the past 24-hours.

Even in the past 7-days, the BCH bulls have kept their spirits high to achieve a 5.46% rally. At the time of publication, the price of BCH is hovering at $312.17. If the rally is persistent, the first strong resistance mark BCH may achieve would be $329.21, followed by a value of $354 per BCH.

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