BTCC
/
BTCC Square
/
Global Cryptocurrency
/
Algorand (ALGO) Eyes $0.35 Breakout as Technicals Strengthen: 2-Week Target in Focus
Algorand (ALGO) Eyes $0.35 Breakout as Technicals Strengthen: 2-Week Target in Focus
15
1
[TRADE_PLUGIN]ALGOUSDT,ALGOUSDT[/TRADE_PLUGIN]
Algorand ALGO News -
Algorand (ALGO) is showing bullish potential despite a recent 6.52% pullback, with analysts converging on a $0.35-$0.36 price target. The cryptocurrency currently trades at $0.26, consolidating near key support levels. A breakout above the $0.29 resistance could confirm the upward trajectory.
Institutional confidence appears strong, with WalletInvestor, MidForex, and DigitalCoinPrice all projecting similar targets. CEX.IO's more conservative $0.304 medium-term forecast provides a realistic checkpoint. The alignment among analysts suggests growing conviction in ALGO's technical setup.
By:
