Monthly Structure Change 2023-2
✅ Added $APT $NEAR $LDO
❎ Removed $QNT $ALGO $VET
🔄 Rebalance Turnover 6.29%
Here you can read and comment on all posts made by Strategists about Algorand ALGO. See all Algorand price predictions in real time and make the best use of their crypto knowledge.
🤟 Rebalancing Info 01.02.2023 🤟
Strategy Performance January: +38% 🤩
Winner January: $SOL +136% 🚀
Loser January: $TRX +12%
Every month I rebalance the strategy back to 4% each of the Top25 crypto coins without Stablecoins or wrapped Token.
There has been 3 changes in the Top25:
3x Out: $ALGO , $ICP , $QNT
3x New: $NEAR , $LDO , $FIL
Everything is rebalanced back to 4% each.
🤟 www.crypto-index-25.de 🤟
Although $BTC and $ETH are relatively stable at the moment, the real bear market rages on in the weakest alts.
Last week (7 day performance):
$SOL : -23.46% (new lows)
$ZIL : -10.46%
This might be only the first signs of a new upcoming downleg, that could send coins like $SOL below 5usd. In alts in a bearmarket, it's almost never too late to sell because there will be no new bullmarket before $ETH and $BTC break to the upside through strong resistancelevels and confirm that move by retesting the previous resistance as support.
That gives us plenty of time to buy back in.
The alt stars of the next bullmarket in crypto will probably be projects we don't know about yet (or that don't exist yet). Nevertheless we have a shoppinglist with $ALGO , $ATOM , $AAVE , $ADA , $MATIC and many others.
That's why we are very happy to be mainly out of the market. We will be able to buy so much more alts with our stableposition once the dust settles.
Algorand (ALGO) price history shows the highest value of 2.05 EUR. We recorded this price on September 13, 2021, but we cannot exclude that a higher price was registered before April 16, 2020.