Algorand (ALGO), Avalanche (AVAX), Helium (HNT), Chainlink (LINK): Key Price Trends and Predictions for May 5

• The cryptocurrency market has seen a significant decline in the past 30 days, with altcoins like Algorand (ALGO), Avalanche (AVAX), and Chainlink (LINK) shedding a substantial part of their values.
• However, Helium (HNT) has shown a different trend, with its price increasing by 17.41% in the last seven days.
• As the market tries to recover, ALGO’s price might rise to $0.21, AVAX might break the $40.00 resistance, and LINK could target $16.

Explore the latest price predictions and market analysis for altcoins ALGO, AVAX, and LINK, and learn why HNT is bucking the trend.

ALGO’s Bullish Trend

At press time, ALGO’s price was $0.19, with bulls attempting to push the price higher. The Exponential Moving Average (EMA) indicates a bullish trend, with the 9 EMA (blue) crossing above the 20 EMA (yellow). Both EMAs reinforce the support at $0.18, suggesting that an upside could be next for the token. From thi... Read the full article for FREE at COINOTAG!