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Algorand (ALGO) Surges Past $0.27 as Bullish Technicals Take Hold
Algorand (ALGO) Surges Past $0.27 as Bullish Technicals Take Hold
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[TRADE_PLUGIN]ALGOUSDT,ALGOUSDT[/TRADE_PLUGIN]
Algorand ALGO News -
Algorand's ALGO has risen 5.39% to $0.27, showing increased trading activity in a technically-driven move. With no major news catalysts, the rally appears organic. The RSI at 58.70 indicates potential for further upside before reaching overbought territory.
The price remains solidly above key moving averages, strengthening the bullish technical outlook. This event-independent momentum suggests more sustainable growth compared to news-driven volatility, as organic buying typically creates stronger price foundations.
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