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Algorand Price Prediction: Can ALGO Rally Toward $0.138 After Consolidation Phase?

6h ago
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  • ALGO holds above key EMAs as bulls target a breakout beyond the $0.125 barrier.
  • Stabilizing spot flows suggest selling pressure weakens near ALGO’s recent lows.
  • Cooling leverage and neutral netflows may support a healthier ALGO recovery base.

Algorand (ALGO) extended its recovery this week as buyers pushed the token above several short-term resistance levels. The asset gained more than 12% during the past 24 hours and continued building momentum after rebounding from the $0.08 region earlier this month. 

Despite recent volatility across the broader crypto market, ALGO maintained a constructive technical structure while traders monitored whether bulls could force a larger breakout above the $0.125 barrier.

ALGO traded near $0.1177 during the latest session, while daily trading volume approached $79 million. Additionally, the market capitalization climbed above …

Read The Full Article Algorand Price Prediction: Can ALGO Rally Toward $0.138 After Consolidation Phase? On Coin Edition.

6h ago
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bearish:

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