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Algorand ALGO Eyes $0.34 Target as Technical Recovery Gains Momentum
Algorand ALGO Eyes $0.34 Target as Technical Recovery Gains Momentum
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[TRADE_PLUGIN]ALGOUSDT,ALGOUSDT[/TRADE_PLUGIN]
Algorand ALGO News -
Algorand (ALGO) is building bullish momentum with technical indicators signaling a potential surge to $0.34 within the next four weeks. Currently trading around $0.25, the asset shows strength through a MACD crossover and strong analyst consensus.
Short-term targets include $0.28 (representing a 12% gain from current levels) with a broader range of $0.30-$0.36. Immediate resistance sits at $0.26, while $0.22 provides robust support.
Analyst projections vary from conservative estimates of $0.23-$0.237 to more aggressive breakout targets up to $0.48675, with the median prediction stabilizing around $0.28.
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