Coin Bureau: ALGO will fall

Said on Nov 7, 2022, at 20:11 in the video.

What was saidNov 7, 2022

@coinbureau

“like CHC and AR algo is looking extremely overbought on The Daily and the weekly chart a correction is almost certainly imminent”

Watch at 20:11Crypto News: ETH Updates, Arweave, Fed Hikes, Twitter & More!!

PredictionALGOwill fallChecked at fixed windows, from 30 days to 5 years

What happenedafter 1 year

Correct

Entry price (first close after the video)

$0.4193

Nov 7, 2022

Price at close

$0.1235

Nov 7, 2023

Return

−70.5%

Bitcoin +71.9%

ALGO closed at $0.4193 on Nov 7, 2022. On Nov 7, 2023 it closed at $0.1235, a return of −70.5%. BTC returned +71.9% over the same window. The call was that it would fall.

30 days

Correct

90 days

Correct

180 days

Correct

1 year

Correct

Details and evidence Report a problem

The window it was checked over

ALGOWindow checked

ALGO closing prices, adjusted for splits. The shaded span is the one-year window: it starts at the first close after the video went public and ends at the last close on or before one year after the day the video was published.

Result at every window

All windows are shown, so none is picked

Result at every window
Window	Result	At the start	At the end	Change	Benchmark
30 daysR-DIR v4	Correct	$0.4193Nov 7, 2022	$0.221Dec 7, 2022	−47.3%	Bitcoin −18.2%
90 daysR-DIR v4	Correct	$0.4193Nov 7, 2022	$0.257Feb 5, 2023	−38.7%	Bitcoin +11.4%
180 daysR-DIR v4	Correct	$0.4193Nov 7, 2022	$0.1752May 6, 2023	−58.2%	Bitcoin +40.1%
1 yearR-DIR v4	Correct	$0.4193Nov 7, 2022	$0.1235Nov 7, 2023	−70.5%	Bitcoin +71.9%
3 yearsR-DIR v4	Correct	$0.4193Nov 7, 2022	$0.1573Nov 6, 2025	−62.5%	Bitcoin +392.2%
5 yearsR-DIR v4	Pending	—	—Nov 6, 2027	—	—

Why: 30 days

ALGO closed at $0.4193 on Nov 7, 2022. On Dec 7, 2022 it closed at $0.221, a return of −47.3%. BTC returned −18.2% over the same window. The call was that it would fall.

Why: 90 days

ALGO closed at $0.4193 on Nov 7, 2022. On Feb 5, 2023 it closed at $0.257, a return of −38.7%. BTC returned +11.4% over the same window. The call was that it would fall.

Why: 180 days

ALGO closed at $0.4193 on Nov 7, 2022. On May 6, 2023 it closed at $0.1752, a return of −58.2%. BTC returned +40.1% over the same window. The call was that it would fall.

Why: 1 year

ALGO closed at $0.4193 on Nov 7, 2022. On Nov 7, 2023 it closed at $0.1235, a return of −70.5%. BTC returned +71.9% over the same window. The call was that it would fall.

Why: 3 years

ALGO closed at $0.4193 on Nov 7, 2022. On Nov 6, 2025 it closed at $0.1573, a return of −62.5%. BTC returned +392.2% over the same window. The call was that it would fall.

Why: 5 years

Not yet resolved. The window closes Nov 6, 2027.

What was said around it

appears to be on a long-term uptrend despite the bear Market I wouldn't place any bets on a centralized crypto entity with all the Regulators running around these days though but hey maybe that's just me as for algorand it's hard to find an exact cause however algo could be pumping in anticipation of the upcoming FIFA World Cup in Qatar which will take place at the end of the month this is because algorand became the official blockchain for FIFA earlier this year and will be supporting the organization's event in Qatar and Beyond like CHC and AR algo is looking extremely overbought on The Daily and the weekly chart a correction is almost certainly imminent the question is whether algo Wales will sell the news when the World Cup in Qatar begins or whether they'll keep the pump going until the final goal God I love football and last but not least we have loopring whose lrc token appears to have pumped because GameStop announced the release of its nft platform built on another ethereum scaling solution called immutable X more about that in the description as far as I understand GameStop is also using Loop ring for nfts so the hype probably spilled over in contrast to the previous cryptos

What a person said is shown in their own words and is never translated. The link goes to the exact second in the video.