Algorand Could Target $0.335–$0.495 Range if Weekly Pivot Around $0.238 Holds

• ALGO current price: $0.2611 (24h +5.4%)

• Key weekly support: $0.2380; immediate 24h range: $0.2402 – $0.2688

• Upside targets: $0.3350, $0.4000, $0.4950; 24h volume ~266.1 million

Algorand price outlook: ALGO $0.2611, up 5.4% — watch weekly pivot at $0.2380; read targets and trade guidance now.

What is Algorand’s current price outlook?

Algorand price outlook shows ALGO trading at $0.2611 after a 5.4% 24‑hour gain, with the weekly pivot at $0.2380 acting as the primary support. Holding above that pivot keeps upside targets of $0.3350, $0.4000 and $0.4950 technically valid for continuation.

How does ALGO’s weekly key level affect price targets?

The weekly key level at $0.2380 has repeatedly acted as a directional reference. Consistent closes above $0.2380 indicate resilience and increase the probability of sequential tests of $0.3350, $0.4000 and $0.4950. Failure to hold the pivot would instead shift focus to lower support bands.

Algorand (ALGO) is trading at $0.2611, up 5.4 percent on a daily scale, with expectations to hold above support at $0.2380 with targets at $0.3350, $0.4000, and $0.4950.

• Algorand (ALGO) is on the price of $0.2611, with an increase of 5.4 percent recorded in the last 24 hours, and is currently above the weekly pivot of $0.2380
• The targets on the upside of the token are at a price of $0.3350, $0.4000, and $0.4950, which matches the higher price points across the board.
• The 24-hour range of ALGO exhibits support at $0.2402 and resistance at $0.2688, with a volume of 266.1 million.

Algorand (ALGO) has remained resilient above its weekly pivot level, with its upward targets in view. A 5.4% rise in 24 hours has boosted the cryptocurrency to the current price of $0.2611. The day range is between the support level of $0.2402 and a resistance level of $0.2688. Through this positioning, ALGO continues to reflect movement in line with weekly goals.

Why does the weekly key level matter?

The weekly key level at $0.2380 acts as a strategic inflection point for trend bias. Holding above this level signals sustained buyer interest and supports attempts toward higher resistance zones. Repeated closes above the pivot reinforce technical conviction for targets at $0.3350, $0.4000 and $0.4950.

Weekly Key Level and Market Structure

The weekly key level sits around $0.2380, a price point that has consistently acted as a reference for market direction. Holding above this level has kept ALGO in range for potential upward momentum. Price activity over recent sessions shows a pattern of resilience, with consistent closes above the weekly threshold. This suggests that the token remains positioned for potential attempts toward higher trading zones.

Market Outlines Key Upside Targets as Support Remains Firm

The market has identified clear upside targets following the sustained support. The first target lies at $0.3350, which reflects the nearest major resistance zone above the current range.

A move beyond the first target would put the second target at $0.4000 into view. The third target stands at $0.4950, which is the highest outlined objective in the current technical framework. These levels remain dependent on price stability above the weekly key level.

ALGO Maintains Narrow Range as Momentum Builds

In the shorter time frame, ALGO trades within a narrow 24-hour range, marked by $0.2402 support and $0.2688 resistance. The recent gain of 5.4% reflects the dynamism in this bracket, and volume has measured around 266.1 million. ALGO also shows a 2.9% increase versus Bitcoin over the same period, underscoring relative strength.

How should traders position around ALGO levels?

Traders can use the weekly pivot at $0.2380 as a risk boundary: maintain bullish exposure while price stays above that pivot, and reduce size or reassess bias if price closes below it. Staged profit-taking at $0.3350, $0.4000 and $0.4950 preserves upside participation while locking gains.

Key Takeaways

• Current status: ALGO trades at $0.2611, up 5.4% in 24h.
• Support & resistance: Weekly pivot $0.2380; 24h range $0.2402–$0.2688.
• Targets & plan: Upside targets $0.3350, $0.4000, $0.4950; use pivot as risk control.

Frequently Asked Questions

What is ALGO’s immediate support level?

Immediate intraday support is $0.2402, with the critical weekly pivot at $0.2380 underpinning broader bullish bias.

What are the realistic short-term targets for ALGO?

Realistic short-term targets are $0.3350 first, then $0.4000; $0.4950 is a longer-range objective assuming sustained support.

How reliable is the weekly pivot for trade management?

The weekly pivot at $0.2380 is a commonly used technical reference; consistent closes above it increase the odds of upward continuation, while decisive breaks suggest reevaluation.

Conclusion

Algorand’s price outlook remains cautiously bullish with ALGO trading at $0.2611 and the weekly pivot at $0.2380 acting as the primary risk anchor. Upside targets at $0.3350, $0.4000 and $0.4950 remain in focus while short‑term range dynamics (support $0.2402, resistance $0.2688) dictate intraday momentum. Monitor weekly closes and volume to confirm sustained directional bias; COINOTAG will continue to track developments.