ALGO Price Prediction: Targeting $0.35-$0.40 Range by September 2025 Despite Current Consolidation
The post ALGO Price Prediction: Targeting $0.35-$0.40 Range by September 2025 Despite Current Consolidation appeared on BitcoinEthereumNews.com.
James Ding Aug 26, 2025 16:17 ALGO price prediction shows potential 40-60% upside to $0.35-$0.40 by September 2025, with immediate resistance at $0.29 and critical support holding at $0.24. ALGO Price Prediction: Targeting $0.35-$0.40 Range by September 2025 ALGO Price Prediction Summary • ALGO short-term target (1 week): $0.29 (+16% from current $0.25) • Algorand medium-term forecast (1 month): $0.35-$0.40 range (+40-60%) • Key level to break for bullish continuation: $0.29 immediate resistance • Critical support if bearish: $0.24 (current Bollinger Band lower bound) Recent Algorand Price Predictions from Analysts The latest ALGO price prediction landscape reveals a notably bullish consensus among major forecasting platforms. CaptainAltcoin presents the most aggressive Algorand forecast with a $1.00 price target, representing a 300% increase from current levels. However, this prediction appears overly optimistic given current technical conditions. More conservative predictions cluster around the $0.31-$0.40 range, with Changelly targeting $0.313, WalletInvestor at $0.354, and Coincu projecting $0.3969. CryptoPredictions.com’s algorithmic model suggests $0.3386, creating a tight consensus band that aligns with technical resistance levels. The convergence of multiple independent forecasts around the $0.35 level provides strong validation for our medium-term ALGO price target of $0.35-$0.40 by September 2025. ALGO Technical Analysis: Setting Up for Breakout Attempt Current Algorand technical analysis reveals a coin positioned at a critical juncture. Trading at $0.25, ALGO sits precisely at the Bollinger Band middle line and pivot point, indicating equilibrium between buyers and sellers. The RSI reading of 47.98 confirms this neutral positioning, neither overbought nor oversold. The MACD histogram showing -0.0012 suggests weakening bearish momentum, potentially setting up for a bullish crossover. All major moving averages (SMA 7, 20, 50) converging at $0.26 creates a compression pattern that historically precedes significant price movements. Volume analysis shows $17.1 million in 24-hour trading…