Formation of Rising Flags: XLM, Dogecoin, Atom, and Algo

🔹 $XLM forms a rising flag on the 4-hour frame after a strong upward movement. The price is consolidating near the upper limit and testing the resistance of the 100 moving average. A breakout of the pattern could push the price towards $0.475, $0.520, $0.560, and **$0.600** 🎯

🔹 $DOGE is retesting the neck line after breaking the double bottom pattern on the daily frame. The price is bouncing off the 200 moving average, indicating a commitment to the upward path. Next targets: $0.28, $0.33, and **$0.41** 📈

🔹 $ATOM is bouncing off the broken symmetrical triangle pattern on the daily frame. A breakout above the resistance of $5.30 could push the price towards $6.40 and **$7.50** 🚀

🔹 $ALGO is trading within a rising flag pattern after breaking the previous descending channel on the daily frame. The price is testing the resistance and showing signs of continued upward movement. A breakout of the flag could push towards $0.325, $0.395, and **$0.85** 🎯

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Disclaimer: This is not financial advice. Please do your own research before making any investment decisions.

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