Algorand Wave Analysis – 15 September 2026

Algorand: ⬇️ Sell

– Algorand reversed from resistance zone

– Likely to fall to support level 0.0875

Algorand cryptocurrency recently reversed down from the resistance zone between the pivotal resistance level 0.1000 (which has been reversing the price from April), upper daily Bollinger Band and the 38.2% Fibonacci correction of the downward impulse from May.

The downward reversal from this resistance zone stopped the previous minor correction ii and is currently forming the daily Evening Star.

Given eth strength of the resistance level 0.100, Algorand cryptocurrency can be expected to fall to the next support level 0.0875.