Algorand's (ALGO) price jumped nearly 16% in a day with a 204% spike in trading volume and a 43% rise in Open Interest, signaling strong market interest. Despite short-term bearish pressure from negative funding rates, the token has broken above its 20-week moving average, hinting at a potential bullish reversal if it closes above $0.1456 weekly. The next target could be $0.336, a 150% gain from current levels, but failure to break key resistance at $0.1396 may lead to a price retreat to $0.108. This price action comes as altcoins overall have seen a 33% market cap increase since August, showing growing investor appetite.
Algorand (ALGO) is trading at Rp2.417 on Pluang as of Sep 29, 2026 08:51 WIB, showing an 11.59% increase in one day. The token's market cap stands at Rp21.61 trillion, reflecting strong investor interest. Trading volume reached Rp5.13 trillion, with a balanced order activity of 50% sell and 50% buy, and typical hold time on the platform is 129 days.
