Algorand (ALGO) is showing signs of strong recovery after bouncing from key support levels.

The current Algo Crypto price is around $0.2817, and although it's down 2.45% in the last 24 hours, momentum is building.

For in-depth targets, check our full Algorand Price Prediction to explore future forecasts, risks, and the path toward $10 or even $100.

Bullish Patterns Spotted: Double Bottom and Falling Wedge

Top crypto analysts on X have identified a double bottom and falling wedge on the 1-hour chart typically bullish signals.

If ALGO breaks resistance at $0.330, short-term targets include $0.3438 and $0.3544.

ALGO's Rollercoaster in H1 2025

• In Q4 2024, Algorand Coin surged 470% to hit $0.613, before dipping sharply in Q1 2025.

• ALGO touched a multi-year support low at $0.1491, then bounced back with a 70% rally to $0.24.

• June ended on a bullish note as Algo Crypto crossed the 200-day EMA, forming a golden cross and reaching $0.30 in July—a 105% surge.

  
  

H2 2025 & Beyond: Can Algorand Reach $10 or $100?
If adoption rises and demand keeps up, Algorand Crypto could retest $0.60–$0.90 by year-end.

While reaching $10 or $100 sounds ambitious, long-term growth and real-world use cases may push Algo Coin far beyond its current range.