![Algorand [ALGO]: Is the threat of another round of sell-off real](https://insights.cryptobasemarket.com/wp-content/uploads/2022/05/untitled-design-51-142484.png)
After plummeting below the $0.68-mark, Algorand [ALGO] hovered around the high liquidity range near $0.7 for over a week. However, the broader liquidations led the altcoin to accelerate its southbound journey to the $0.39 support.
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