![Algorand's [ALGO] downtrend slows down- Is a trend change likely?](https://insights.cryptobasemarket.com/wp-content/uploads/2023/03/algorand-7172953-1920-e1678610662412-277381.jpg)
Algorand [ALGO] dropped from $0.30 to $0.18 region, plunging 40% since early February. Bulls tried to seek entry into the market as they struggled to defend the $0.18 area.
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