Is Algorand (ALGO) the Next Big Mover After XRP? Bullish Setup Alert!

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Is Algorand (ALGO) the Next Big Mover After XRP? Bullish Setup Alert!

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What’s up, fam! 👋

https://preview.redd.it/4fv6uh4khe7e1.png?width=1708&format=png&auto=webp&s=787f37482c3f5425ae8eb3f1a0c1046f77d665a4

If you’re looking for something exciting in the Top 100, Algorand (ALGO) is starting to look like the next big breakout candidate.

Technical Setup: ALGO has formed a classic Bullish Pennant on the charts, which could send the price +50% upward if we break above the key resistance around $0.45. The upside target? Anywhere between $0.60–$0.70 (check out the attached chart for details 📈).

Fundamentals: ALGO isn’t just hype—there’s substance behind the move:
1️⃣ Partnering with FIFA NFTs and growing a $170M DeFi ecosystem
2️⃣ A new staking program offering real-time rewards + 50% of transaction fees (no lockups!)
3️⃣ Possible U.S. tax exemptions on crypto that could attract more investors to ALGO.

To top it off, Algorand recently got listed on Bitget, making it easier than ever to trade. Plus, with a $3.6B market cap, it’s not a “low cap gamble” but still has room to grow.

If you missed XRP’s massive move earlier this year, ALGO might be your second chance. 🚀 Keep your eyes on that $0.45 breakout level!

What’s your take? Do you think ALGO can ride this wave? Let’s discuss 👇https://coinmarketcap.com/currencies/algorand/

submitted by /u/Past_Hotel_5987
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