As of 11:31 EEST, July 13, 2025, the rate $ALGO on Binance reached $0.2432, demonstrating a confident growth of 9.79% over the past 24 hours. This surge reflects the excitement around Algorand, a high-throughput platform fueled by community activity and recent hype. Increased trading volume confirms trader interest.
Technically, ALGO is in an upward trend. On the 4-hour chart, the 50-day SMA crossed the 200-day from below, signaling bullish momentum. RSI (14) at around 65 is close to the overbought zone, indicating potential growth but requiring caution. Resistance is at $0.25, a breakout of which may pave the way to $0.27. Support is at $0.23, below which is $0.22. Holding above $0.2432 supports momentum.
Forecast: in the coming days ALGO may test $0.25, with a chance to rise to $0.27 by the end of July 2025 if the hype continues. By the end of 2025, growth to $0.40–$0.50 is possible if the ecosystem continues to develop. The long-term outlook for 2030 is $1+, with mass adoption. Risks include a correction due to overbuying.
Prospects? Growth of 9.79% and a price of $0.2432 are close to $0.25. Buying at $0.23 with a target of $0.27 and a stop-loss at $0.22 may be justified. $ALGO stands out with its technology and listing on Binance.
💬 Share your forecasts for $ALGO below! Are you expecting a new surge? Subscribe for fresh updates! #ALGO #Binance #Crypto #Trading #Altcoins
