ALGO Price Prediction: Targeting $0.29 Resistance Break for 21% Upside in September 2025
The post ALGO Price Prediction: Targeting $0.29 Resistance Break for 21% Upside in September 2025 appeared on BitcoinEthereumNews.com. Lawrence Jengar Aug 30, 2025 09:23 ALGO price prediction points to $0.29 immediate resistance test within 2 weeks, with medium-term Algorand forecast targeting $0.34-$0.40 range if bullish momentum returns. Algorand (ALGO) sits at a critical juncture as technical indicators present a mixed but cautiously optimistic outlook. With the current price at $0.24, our comprehensive ALGO price prediction analysis suggests the token is positioned for a potential breakout attempt toward key resistance levels. ALGO Price Prediction Summary • ALGO short-term target (1-2 weeks): $0.29 (+21% from current levels) • Algorand medium-term forecast (1 month): $0.34-$0.40 range (+42% to +67% upside potential) • Key level to break for bullish continuation: $0.29 immediate resistance • Critical support if bearish: $0.21 strong support level Recent Algorand Price Predictions from Analysts The latest analyst predictions reveal a cautiously optimistic consensus for ALGO’s near-term prospects. CoinLore’s ALGO price prediction of $0.2513 represents modest 4.7% upside, while MidForex projects a tighter range between $0.2341-$0.2408, suggesting potential downside risk in the immediate term. However, medium-term Algorand forecast models paint a more bullish picture. CoinCu’s technical analysis points to $0.3969 targets, representing 65% upside potential, while DigitalCoinPrice projects $0.42 (+75% from current levels). The most optimistic long-term ALGO price prediction comes from CoinDataFlow at $0.4586, nearly doubling current valuations. Notably, CoinDataFlow’s bearish sentiment reading of 76.47% with 26 bearish indicators suggests short-term headwinds, creating an interesting divergence between immediate bearish sentiment and longer-term bullish projections. ALGO Technical Analysis: Setting Up for Breakout Attempt Current Algorand technical analysis reveals ALGO trading near critical support levels with several indicators suggesting a potential reversal setup. The RSI at 43.42 sits in neutral territory, avoiding oversold conditions that typically precede sharp selloffs. The MACD histogram at -0.0028 shows bearish momentum, but the relatively shallow negative…
The post ALGO Price Prediction: Targeting $0.29 Resistance Break for 21% Upside in September 2025 appeared on BitcoinEthereumNews.com.
Lawrence Jengar Aug 30, 2025 09:23 ALGO price prediction points to $0.29 immediate resistance test within 2 weeks, with medium-term Algorand forecast targeting $0.34-$0.40 range if bullish momentum returns. Algorand (ALGO) sits at a critical juncture as technical indicators present a mixed but cautiously optimistic outlook. With the current price at $0.24, our comprehensive ALGO price prediction analysis suggests the token is positioned for a potential breakout attempt toward key resistance levels. ALGO Price Prediction Summary • ALGO short-term target (1-2 weeks): $0.29 (+21% from current levels) • Algorand medium-term forecast (1 month): $0.34-$0.40 range (+42% to +67% upside potential) • Key level to break for bullish continuation: $0.29 immediate resistance • Critical support if bearish: $0.21 strong support level Recent Algorand Price Predictions from Analysts The latest analyst predictions reveal a cautiously optimistic consensus for ALGO’s near-term prospects. CoinLore’s ALGO price prediction of $0.2513 represents modest 4.7% upside, while MidForex projects a tighter range between $0.2341-$0.2408, suggesting potential downside risk in the immediate term. However, medium-term Algorand forecast models paint a more bullish picture. CoinCu’s technical analysis points to $0.3969 targets, representing 65% upside potential, while DigitalCoinPrice projects $0.42 (+75% from current levels). The most optimistic long-term ALGO price prediction comes from CoinDataFlow at $0.4586, nearly doubling current valuations. Notably, CoinDataFlow’s bearish sentiment reading of 76.47% with 26 bearish indicators suggests short-term headwinds, creating an interesting divergence between immediate bearish sentiment and longer-term bullish projections. ALGO Technical Analysis: Setting Up for Breakout Attempt Current Algorand technical analysis reveals ALGO trading near critical support levels with several indicators suggesting a potential reversal setup. The RSI at 43.42 sits in neutral territory, avoiding oversold conditions that typically precede sharp selloffs. The MACD histogram at -0.0028 shows bearish momentum, but the relatively shallow negative…
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