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Algorand (ALGO) Eyes $0.35-$0.42 Breakout in 2 Weeks as Consolidation Nears End
Algorand (ALGO) Eyes $0.35-$0.42 Breakout in 2 Weeks as Consolidation Nears End
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[TRADE_PLUGIN]ALGOUSDT,ALGOUSDT[/TRADE_PLUGIN]
Algorand ALGO News -
Algorand (ALGO) shows strong potential for an upward breakout as it consolidates NEAR the $0.26 level. Technical indicators point to a 35-62% surge, targeting $0.35-$0.42 within the next two weeks. Analysts maintain a bullish stance, with WalletInvestor forecasting a conservative $0.350 target and CryptoPredictions.com projecting $0.423. CaptainAltcoin's more aggressive prediction of $0.6945 highlights the optimistic market sentiment.
Key resistance is currently at $0.29, while support remains solid at $0.22. Even conservative estimates predict a 19% gain from current levels, with technical patterns suggesting an imminent bullish phase that aligns with broader analyst expectations.
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