ALGO’s price has rallied tremendously since 2023 began. However, a price reversal might be underway. While Algorand’s [ALGO] price might have rallied by about 10% in the last seven days, a steady decline in its Chaikin Money Flow (CMF) on a daily chart created a bearish divergence that typically precedes a price reversal. Read Algorand [ALGO]
![Your Algorand [ALGO] holdings might suffer a drop in value because of this](https://images.cryptocompare.com/news/default/ambcrypto.png "Your Algorand [ALGO] holdings might suffer a drop in value because of this")
