$ALGO Is ALGO Gearing Up for a Breakout?

Algorand (ALGO) has been showing signs of accumulation, with steady volume and strong support around the $0.17–$0.18 range. As institutional interest in Layer-1 solutions grows, ALGO’s focus on scalability and low transaction fees could bring it back into the spotlight.

If Bitcoin maintains stability above $60k, we might see ALGO testing key resistance around $0.21 soon. Short-term holders should watch for breakout confirmation, while long-term investors may see this as a solid accumulation phase.

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