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BTCC / BTCC Square / Global Cryptocurrency /
Algorand (ALGO) Faces Price Pressure Despite Strong Ecosystem Momentum

Algorand (ALGO) Faces Price Pressure Despite Strong Ecosystem Momentum

Author:
Global Cryptocurrency
Published:
2025-12-16 02:04:10
11
2
[TRADE_PLUGIN]ALGOUSDT,ALGOUSDT[/TRADE_PLUGIN]
Algorand ALGO News -

Algorand's 2025 blockchain milestones—including xGov governance adoption and 2 billion ALGO staked—contrast sharply with its persistent bearish price action. The token remains vulnerable to a critical support zone between $0.087 and $0.097, with Elliott Wave analysis suggesting further downside.

Technical indicators point to December 2024's rally as a corrective bounce within a broader downtrend. Meanwhile, developer activity surges: AlgoKit's TypeScript integration and Intermezzo's real-world deployments (like World Chess and ProofMint) signal growing enterprise adoption.

The Algorand Foundation's 2025+ roadmap advances despite market headwinds, emphasizing peer-to-peer networking upgrades. Yet ALGO's price trajectory continues to decouple from fundamental progress.

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