Price Prediction (Now to Mid-May 2025)
Bearish Scenario (Most Likely - 60% Probability):
ALGO may retest and briefly break below $0.196 (200-day MA support). If bearish momentum continues, price could fall toward the next support around $0.186–$0.188.
Neutral Scenario (30% Probability):
If RSI triggers a bounce (currently oversold at 29), price may recover slightly toward $0.210–$0.213, which aligns with the 100-day MA resistance.
Bullish Reversal (Unlikely - 10% Probability):
For a breakout above $0.2203 to materialize, volume must significantly rise, and sentiment must turn risk-on—currently not supported by indicators.