The video presents a technical analysis of Algorand (ALGO) against the US Dollar. Algorand is currently trading at $0.2744. The analysis suggests that Algorand is moving from level to level and is in consolidation under major EMAs. For a bull market confirmation, the analysis requires a break above the EMA, a retest, and a subsequent push upward. This would potentially lead Algorand to $0.45 or more but the analyst infers the fed rates which could be an catalyst for a push on September 17th. Consolidation of the price is seen, consolidation under the EMAs is expected, for confirmation the price has to break the EMA, do a retest and then continue pushing upward. If the dominance begins to fall that can be an confirmation for the Altcoin season which would invalidate the analysis.