- Algorand (ALGO) has reclaimed pre-dump levels and remains stable, respecting its long-term ascending trendline that has supported multiple rebounds.
- The 0.19-0.21 is still a good support zone where aggressive purchasing persists to be drawn and it supports the technical system of Algorand.
- The technical signals show decreasing volatility and possible change in momentum, which gives ALGO a continuation possibility of a potential direction to 0.30 to 0.34.
Algorand (ALGO) maintains technical resilience amid increased weakness in the overall market structure, specifically retesting a primary bullish trendline that has accelerated several rebound events since mid-2024.
Algorand Holds Firm Amid Market Volatility
Despite the widespread decline following the recent “Trump-tariff dump,” Algorand has shown relative strength, recovering to pre-dump levels where many altcoins faltered. According to @CryptosBatman, few assets managed to reclaim these levels, but “$ALGO did.” The tweet emphasizes the coin’s ability to remain steady around a vital support zone, a technical sign of underlying market confidence.
The weekly structure reflects this strength clearly. Since mid-2024, Algorand has respected its long-term ascending trendline, forming consistent higher lows across major market pullbacks. Each touch of this trendline previously led to strong rallies — first in late 2024 and again during mid-2025. This pattern of recovery reinforces ALGO’s ongoing structural support even in uncertain market conditions.
At present, the cryptocurrency is trading around $0.19–$0.21, the same demand zone that has initiated the last two upward moves. Analysts believe the area is a confluence of technical and psychological support that may present an opportunity for renewed accumulation.
Technical Indicators Suggest Exhaustion but Caution Persists
On the daily chart, Algorand is consolidating at $0.177, just above the lower Bollinger Band ($0.175). This positioning is more likely to be followed by price exhaustion, though current trends suggest unabated selling pressure. A heavy volume selloff recently moved into decreasing activity, implying volatility is waning.
The 20-day moving average, positioned around $0.208, now acts as a formidable resistance level. ALGO has repeatedly failed to close above this threshold, affirming continued control by sellers in the short term. The Relative Strength Index (RSI) stands near 36.4, below the neutral 50 mark, suggesting bearish momentum but edging closer to oversold territory—a condition that sometimes precedes short-term rebounds.
Immediate support remains at $0.175. A clear move beneath this level may expose the token to a lower target near $0.15. However, if a close above $0.21 is sustained, it will confirm a recovery attempt to allow ALGO to line up for the next resistance band between $0.24 and $0.30.
Resilience Positions Algorand for Potential Rebound
Market observers view Algorand’s repeated defense of its trendline as an indicator of resilience. The long wicks on recent candles show active buying interest at current levels, where buyers have absorbed sell pressure and maintained structural integrity. These formations often occur when smart money accumulates before a potential expansion phase.
If history repeats, ALGO could transition from consolidation to an upward phase targeting the $0.30–$0.34 range. This level corresponds with the last major reaction zone that previously marked the end of a correction cycle.
While many altcoins in the market remain underneath resistance, Algorand is one of the few that remains strong even over longer durations. Its ability to keep structure and stay resilient multiple times suggests that it’s primed for the next leg upward once market sentiment shifts.
