After a sluggish close at the end of 2024, the cryptocurrency market has seen a strong rebound, with altcoins struggling to regain their dominance. In particular, Hedera (HBAR) and Algorand (ALGO), the two major tokens, have shown amazing upward momentum since the beginning of 2025, which has made the market full of expectations. So, can they break through the $1 mark in this bull run?

Algorand (ALGO) Price Analysis: Breakout Imminent

Algorand (ALGO) experienced a pullback of more than 36% in December 2024, but with the recent rebound, ALGO shows strong upside potential. Currently, the price has touched the neckline of the bullish pattern, and a breakout is expected to usher in another 25% increase.

Currently, ALGO is hovering between $0.3 and $0.36. After breaking through these key resistance levels, it is expected to continue rising in the $0.4 to $0.41 range. If it breaks through these levels, it may further push up to $0.5.

Technical indicators are also very bullish, with the RSI showing an incremental trend, the Ichimoku Cloud's conversion line and baseline about to cross bullishly, and the market sentiment is gradually turning to bulls. In the short term, ALGO is expected to break through $0.4 and then challenge the $0.5 mark.

Hedera (HBAR) Price Analysis: Bullish Signals Are Strong

Hedera (HBAR) has also experienced a strong rise recently, and the breakout has triggered a large market momentum. Currently, HBAR is consolidating around $0.28 and may break out in the next few days. Although the volume has decreased, the RSI has rebounded and the MACD may have a bullish crossover, suggesting that the market may usher in a reversal.

The key support level for HBAR price is $0.28. If it falls back to this level again and remains stable, it is expected to continue to rise and test the resistance area of ​​$0.32 to $0.33.

Summary: Bull market prospects are promising

The upward momentum of Hedera and Algorand suggests that the altcoin market is preparing for a strong rally. If they can break through the current resistance level, they can not only break through $0.5, but also lay the foundation for the next bull season. Whether they can break through $1 in this wave of rise remains to be seen, but judging from the current trend, the market sentiment is relatively optimistic.

If you want to get more in-depth analysis and real-time dynamics of the crypto market, follow Uncle Zhao and follow the market pulse together! #比特币走势观察 #比特币战略储备 #马斯克改名 #BIO开盘 #币安Alpha上新