Algorand Price Surges 9% Amid Volatility Spike

The Algorand (ALGO) price has risen by almost 9% over the past week, reaching $0.094 as volatility spiked and buyers stepped in.

According to a weekly analysis from Traders Union, momentum signals are beginning to diverge, with support levels coming into focus.

The next few days will test whether buyers can maintain control or resistance stalls further upside.

The sharp move has put ALGO at the upper edge of its weekly range, with immediate support located at $0.0909 (Ichimoku Kijun), and resistance at the weekly high of $0.0953.