Experts cite portfolio rebalancing and geopolitical easing as driving the crypto market rally, though caution persists.
ALGO surged 19.52% to $0.10 with RSI at 68.34 signaling momentum. Technical analysis suggests $0.12 resistance test within days, though bears eye $0.08 support if rejected.
Algorand price has gained fresh momentum, rising over 10% in the past 24 hours and drawing attention from traders watching for a potential trend reversal. The altcoin, which has been stuck in a prolonged downtrend, is now testing a critical resistance zone near $0.09.