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Algorand (ALGO) Jumps 15% This Week: Key 2025 Price Targets Revealed
Algorand (ALGO) Jumps 15% This Week: Key 2025 Price Targets Revealed
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[TRADE_PLUGIN]ALGOUSDT,ALGOUSDT[/TRADE_PLUGIN]
Algorand ALGO News -
Algorand's ALGO token has surged 15.23% over the past week, stabilizing at $0.1800 as market sentiment turns bullish. Trading volume increased by 9.89% to $38.14 million, signaling growing institutional interest in the blockchain platform.
Technical analyst Jonathan Carter has identified a descending triangle pattern forming on ALGO's daily chart—a classic consolidation signal that often precedes breakout movements. A confirmed upward breakout could push prices toward the $0.22-$0.40 range, with 2025 projections indicating potential 50%+ returns for long-term investors.
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