Algorand (ALGO): A promising 2025? 🔥
Algorand has shown impressive performance, reaching a two-year high with a 54% growth in a week. 📈 Currently, the price is hovering at $0.43, with key resistance at $0.46 and support at $0.41. If it breaks this barrier, it could head to $0.50 and beyond.
💡 Positive factors:
Ecosystem growth: Technological improvements such as Python integration and increased scalability.
Strong data: Rising TVL and Open Interest, reflecting investor confidence.
⚠️ Caution: The RSI is showing overbought, indicating a possible correction before further upside.
In summary, ALGO has upside potential, but it is recommended to keep an eye on key levels and market conditions.
