Mr Arham

07/16 12:57

For Algorand the demand surged in the last week

For Algorand the demand surged in the last week of June with bulls reviving at the price at $0.15, driven by high demand, breaking through the multi-month resistance trendline. By mid-July, ALGO had surpassed mid-May’s high after breaking the 200-day EMA band. 

Also, the 20-day and 50-day EMA bands formed a golden cross, signaling continued bullish demand in the short term.

From late June to mid-July, ALGO price surged to $0.30, recording a remarkable 105% gain, largely fueled by the overall bullish stance in the crypto market, particularly with Bitcoin reaching an all-time high of $123,231.

As July progresses, if the $0.27 level maintains strong demand, ALGO may aim for a retest of the $0.50 mark by the end of the month. But losing the grip at $0.27 could drop ALGO to $0.21.

Month Potential Low ($) Potential Average ($) Potential High ($)

Algorand (ALGO) Price Forecast July 2025 0.18 0.30 0.50

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