The post ALGO Price Prediction: Targeting $0.26-$0.29 Recovery by October 2025 Despite Current Bearish Momentum appeared on BitcoinEthereumNews.com.

Peter Zhang
Sep 25, 2025 22:27

ALGO price prediction shows potential recovery to $0.26-$0.29 range within 4-6 weeks, though current technical indicators suggest caution with RSI at 33.93 and bearish MACD.

ALGO Price Prediction: Technical Recovery Expected Despite Near-Term Headwinds Algorand’s price action has been under pressure recently, trading at $0.21 with a -4.06% decline in the past 24 hours. However, our comprehensive ALGO price prediction analysis suggests a potential technical recovery could unfold over the coming weeks, despite current bearish momentum indicators. ALGO Price Prediction Summary • ALGO short-term target (1 week): $0.214-$0.220 (+2-5%) – Testing immediate resistance • Algorand medium-term forecast (1 month): $0.26-$0.29 range (+24-38% upside potential) • Key level to break for bullish continuation: $0.26 (upper Bollinger Band resistance) • Critical support if bearish: $0.20 (strong support confluence with lower Bollinger Band) Recent Algorand Price Predictions from Analysts The latest Algorand forecast from major analysts shows significant divergence in price targets, reflecting the current uncertainty in ALGO’s trajectory. Bankless Times presents the most optimistic ALGO price prediction with a long-term target of $3.92, suggesting they see substantial fundamental value in Algorand’s ecosystem growth. This contrasts sharply with more conservative forecasts from Cryptopolitan, which projects September averages around $0.2370. Changelly’s recent ALGO price prediction of $0.214 aligns closely with current technical levels, suggesting their bearish near-term outlook may already be priced in. The wide range between PricePredictions.com’s $0.732695 target and CoinPedia’s $0.90 forecast indicates analysts are still establishing consensus on Algorand’s fair value post-recent correction. ALGO Technical Analysis: Setting Up for Oversold Bounce Current Algorand technical analysis reveals ALGO trading near critical support levels that typically trigger bounces. The RSI reading of 33.93 indicates ALGO is approaching oversold territory without reaching extreme levels, suggesting selling pressure may be moderating.…

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Filed under: News - @ September 26, 2025 9:27 pm