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Algorand Falls 2.94% as Open Interest Rises Amid Mixed Signals

Algorand Falls 2.94% as Open Interest Rises Amid Mixed Signals

Photo: TokenPost

ALGO lost 2.94% in the 24 hours through Oct. 10, trading near $0.12 on Binance as futures exposure grew and technical indicators presented a mixed, moderately bearish picture. ALGO traded at $0.12 at 5:05 a.m. ET (9:05 a.m. UTC), with a 24-hour range of $0.11 to $0.12. Binance futures open interest stood at about 104.9 million contracts, valued at roughly $12.44 million, at 5 a.m. ET (9 a.m. UTC), up 4.55% as the token declined.

Source: TokenPost

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