Algorand (ALGO) is currently trading at $0.2189, down 0.75% in the past 24 hours. The 24-hour trading volume is approximately $84.2 million, up 3.1%, indicating continued investor interest. Over the past week, ALGO has shown resilience, climbing 6.44%, suggesting renewed attention from traders eyeing mid-term value plays. RSI Indicates Neutral but Bearish Momentum According to […]Algorand (ALGO) is currently trading at $0.2189, down 0.75% in the past 24 hours. The 24-hour trading volume is approximately $84.2 million, up 3.1%, indicating continued investor interest. Over the past week, ALGO has shown resilience, climbing 6.44%, suggesting renewed attention from traders eyeing mid-term value plays. RSI Indicates Neutral but Bearish Momentum According to […]

Algorand (ALGO) Price Prediction 2025: Can It Soar Beyond $0.48?

2025/10/06 14:00
Algorand
  • ALGO shows steady short-term growth with a 6.44% weekly gain.
  • Technical outlook remains cautious, with strong support at $0.20 and resistance near $0.25.
  • Analysts forecast moderate upside for 2025, with price targets up to $0.48.

Algorand (ALGO) is currently trading at $0.2189, down 0.75% in the past 24 hours. The 24-hour trading volume is approximately $84.2 million, up 3.1%, indicating continued investor interest. Over the past week, ALGO has shown resilience, climbing 6.44%, suggesting renewed attention from traders eyeing mid-term value plays.

Source: CoinMarketCap

RSI Indicates Neutral but Bearish Momentum

According to crypto analyst Ripple Bull Winkle, Algorand is ranging from $0.20 to $0.25 now, and thus this area is the traders’ immediate playground. The level of $0.20 is the key support tested thrice, and resistances at $0.25 and $0.23 have been limiting the token’s upsurges.

Bearish crossover is indicated in moving averages, with the 20-day moving average (MA20) at $0.22 and the 50-day moving average (MA50) at $0.23, thus implying potential downward pressure. Momentum is neutral, indicated at 49, and is bearish, but below the midline, it is somewhat lean towards bearish.

The analyst emphasized that holding support on $0.20 is essential for the bulls to maintain command. A move above $0.25 could initiate more upside, and a move below $0.20 could fast-track momentum switching to weaker regions.

Source: X

Also Read | Algorand (ALGO) Targets $0.47 As Market Confidence And Activity Rise

ALGO Price Prediction for 2025

According to DigitalCoinPrice prediction, ALGO may hit the $0.42–$0.48 bracket in December, retesting higher highs if larger market recovery continues. It also observed the potential for exceeding the all-time record high level of $3.28 in an intense bull phase, albeit such estimates remain hypotheses.

Moreover, Changelly’s forecast is predicting that it will have a low cost of $0.232 and high cost of $0.250, whilst its average likely trading value in 2025 is approximately $0.267. These forecasts promise potential ROI close to 97–100%, implying reasonable but consistent gains for long-term investors.

Also Read | Algorand (ALGO)  Price Surges 15% This Week, Key Levels to Watch for 2025

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Patriots Hall Of Famer Julian Edelman Is A Rising Media Star At FOX Sports

Patriots Hall Of Famer Julian Edelman Is A Rising Media Star At FOX Sports

The post Patriots Hall Of Famer Julian Edelman Is A Rising Media Star At FOX Sports appeared on BitcoinEthereumNews.com. Julian Edelman has a burgeoning media career, including as an analyst on FOX NFL Kickoff. Lily Hernandez The day before the Kansas City Chiefs hosted the Philadelphia Eagles, Julian Edelman was in a reflective mood. The last weekend he had spent in Arrowhead Stadium was when he helped the New England Patriots defeat the Chiefs in overtime to advance to the Patriots’ last Super Bowl. “I was definitely getting some flashbacks,” Edelman exclusively shared. “It’s definitely a special place to come. Not because we won (but) because we knew how hard it was to win here. This place rocks. Arrowhead is one of the most electric opponent stadiums that we played in. It was one of the greatest to be the villain.” Edelman had seven catches and 96 yards in that 37-31 overtime win against the Chiefs, paving the way for Super Bowl LIII, a game in which he won Super Bowl MVP. That may have been the apex of his playing career, which earned him induction into the Patriots’ Hall of Fame this weekend, but his post-NFL media career is ascending. He’s not only an analyst on FOX NFL Kickoff, the show that precedes FOX NFL Sunday, but also has his own production company and hosts two weekly podcasts. “It kind of (just) happened,” Edelman said. “My goal is really to just be around football in some form or fashion.” Julian Edelman of the New England Patriots celebrates after scoring in the fourth quarter against the Seattle Seahawks during Super Bowl XLIX. (Photo by Kevin C. Cox/Getty Images) Getty Images Toward the end of his playing career, Edelman started creating short-from content for his YouTube channel and picked up a cult following among New England fans. Then for his first two years out of the league, he was an…
Share
BitcoinEthereumNews2025/09/18 21:56