Algorand Price Breaks Channel, Seeks Confirmation Above $0.14
The Algorand price has surged 3.2% in the last 24 hours and is currently trading above its broken channel at $0.1311 on CoinMarketCap.
Although buyers hold the chart, a ceiling sits near $0.1404, which could decide what comes next for ALGO's price movement.
The Algorand Foundation recently posted about a new Pera Wallet website and issued a final call for the Algorand Global x402 Challenge, but neither event is confirmed to be a price trigger.