Algorand (ALGO) Eyes $0.35-$0.76 Price Surge Amid Mixed Market Signals

Algorand (ALGO) is showing potential for a significant price recovery, with targets ranging between $0.35 and $0.76, representing a 40-200% surge. Despite prevailing bearish momentum, the $0.22 support level remains crucial for maintaining bullish momentum, while immediate resistance is noted at $0.29.

Analyst projections vary widely: CaptainAltcoin predicts an aggressive $0.7626 target (205% upside), while Changelly offers a more conservative $0.312 forecast. WalletInvestor and CryptoPredictions.com align closer to technical resistance levels, citing $0.350 and $0.3386 targets respectively.

This divergence in predictions highlights current market uncertainty, as ALGO continues to hover NEAR key support levels while maintaining an overall bullish trend classification.