Algorand price gains momentum with Robinhood launch and potential golden cross near $0.116 resistance.

Algorand's price has risen over 39% since March lows, supported by its launch on Robinhood in the U.S. and Europe, increasing retail access and liquidity. The token is nearing a golden cross on its daily chart, signaling potential bullish momentum and a recovery target around $0.20. Positive regulatory developments in Asia and growing interest in real-world asset tokenization add to optimism. However, resistance between $0.12 and $0.14 and broader market risks could challenge sustained gains.