The post Robinhood Europe Adds ALGO & ONDO: Token Price Analysis appeared on BitcoinEthereumNews.com.

ALGO faces key resistance at $0.3050 after intraday surge and pullback ONDO struggles to hold gains near $1.40, consolidating around key support Robinhood expands crypto offerings in Europe, boosting ALGO and ONDO exposure Robinhood has expanded its asset offerings in Europe, introducing Algorand (ALGO) and Ondo (ONDO) for trading. This move broadens investment opportunities for European users, enabling them to engage with these cryptocurrencies on a well-known platform.  Market participants are now keenly monitoring the price movements of ALGO and ONDO as both assets demonstrate mixed trends in the short term. 🔔 A new batch of assets now available in Europe! 🔔 You can now trade:– ALGO– ONDO Tap-in to learn more about these new assets 👇 — Robinhood Crypto EU (@RobinhoodCrypto) February 13, 2025 Algorand (ALGO) Price Analysis – Intraday Uptrend and Subsequent Pullback The current price of Algorand (ALGO) stands at $0.2880, reflecting a 1.24% increase over the last 24 hours. The asset initially surged to a daily high of approximately $0.305 before undergoing a decline. Despite the market capitalization increasing by the same percentage as the price, trading volume has fallen by 8.08%, reaching $152.15 million. The reduced volume suggests a lessening in buying and selling activity despite the price uptick. Key ALGO Price Levels to Watch – Support and Resistance Zones ALGO is currently encountering significant price levels that could determine its next movement. Immediate support is located at $0.2846, which marks the intraday low.  Should the price decline further, it may test the psychological support at $0.2800, where buying interest could emerge. A deeper pullback might push the asset toward the $0.2700 level if selling pressure increases. On the upside, ALGO faces resistance at $0.2950, where it previously struggled to gain momentum. The key hurdle remains at $0.3050, the highest point reached in the last…

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Filed under: News - @ February 13, 2025 5:24 pm