Algorand has hit it's "floor" at $1.50, which was a previous price marker, and has seen a healthy recovery since the dip. Algo is now seeing higher lows, with a possible touch to $1.70-$1.65 before it continues moving up.
I would expect some sideways trading between the pricing $1.90-$1.80. Resistance at $2.00 and $2.40.
*additional trading journal notes: Algorand's Community Governance is coming October 1st, 2021. youtube link below: youtu.be/lmTPmlUtezk
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