The ALGO price pumped 55% in the past week, which sounds impressive. But when you look at what other altcoins like Stellar and Hedera are doing, Algorand is still catching up. Even so, ALGO is back on the radar and showing some strength.
So, what’s next for ALGO? Let’s take a closer look at the chart.
Algorand Price Broke Out, But It’s Still Catching Up
ALGO is now trading around $0.2733 after hitting a local high just above $0.31. That’s a huge jump from the $0.17 area, where it was stuck for weeks. The 200 EMA on the 4H chart sits way below the current price at around $0.1938, showing just how strong this rally has been.
ALGO price sliced right through multiple resistance zones. But it’s now pulling back slightly after failing to hold above $0.31. If ALGO can stabilize above $0.25, there’s still a good chance for another move toward the $0.33–$0.36 range. If not, a dip back to test $0.22 isn’t out of the question.
The RSI is at 71, which is an overbought level, so we could see some cooling down soon. But momentum is clearly still in the Bulls’ favor for now.
Other Coins Have Outpaced ALGO So Far
Even with this 55% weekly pump, ALGO hasn’t been the top performer. Here’s how some of the other Layer 1 tokens have done:
- Stellar (XLM) exploded 90%, now at $0.48
- Hedera (HBAR) jumped 82%, trading around $0.24
So while ALGO is having a great week, others have done even more. Still, ALGO ranked fifth among the top gainers in the past 7 days and jumped to #39 by market cap. It even passed Polygon, Arbitrum, and Mantle. That’s a pretty big shift.
Many in the community are calling this “Algoszn.” With strong partnerships and a focus on institutional-grade tech, Algorand is well positioned to stay in the conversation as long as this altcoin momentum lasts.
$ALGO is currently ranked 5th among the top gainers in the past 7 days, up +65%.
— Rian (@riandrns) July 14, 2025
And it now sits at rank 39 by market cap, above Polygon, Mantle, and even Arbitrum.
Does this mean it’s Altszn? No, this is Algoszn pic.twitter.com/DJUj0fQIM6
What’s Next for ALGO Price?
If buyers step in again and push above the $0.31 level, then $0.36 is the next clear target. That zone hasn’t been tested since April. But if the market corrects or Bitcoin pulls back, ALGO can fall to retest the $0.22-$0.25 area before it heads higher.
The most likely scenario is that ALGO price trades between $0.25 and $0.31 at least for the time being, especially as it digests its recent rally. But if volume remains strong, we could see a gradual rise towards $0.40 in the weeks to come.
All in all, ALGO is back in the game. It may not be leading the charge, but it’s showing the kind of strength long-time holders have been waiting for.
Read Also: XRP Price Prediction for Today (July 14)
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