ALGO Flag Compression Nears Final Phase as Breakout Levels Come Into Focus

Analyst Rose notes ALGO’s flag compression is nearing completion, with breakout potential if price clears the $0.25 level.

Fibonacci retracement shows $0.3345 as the first key resistance, with further targets at $0.4559 and $0.5739 zones.

MetaShark highlights Algorand’s 2025 roadmap and institutional activity as supportive factors for sustained momentum above $0.30.

Algorand is trading at $0.2452 after weeks of consolidation, with technical setups hinting at a potential bullish reversal. The weekly timeframe shows the asset forming a rounded bottom structure, suggesting that selling pressure is fading while accumulation strengthens

According to analyst Rose, flag compression patterns are nearing their final stage, with volume moves showing classic pre-breakout conditions. Rose emphasized that a decisive break above $0.25 could activate upside targets, while a drop below the 50 day moving average would extend accumulation.

Support and Resistance Zones

The asset has built a support base between $0.20 and $0.22, which is key to maintain the emerging reversal setup. Failure to hold this range could invalidate the current structure and push prices lower

ALGO/USDT 1-week price chart, Source: Rose on X

On the upside, Fibonacci retracement analysis shows $0.3345 as the first major resistance level. This zone aligns with the 0.236 retracement mark, making it an important level for confirming breakout momentum. A sustained close above this level would shift attention toward higher price targets.

Fibonacci Based Predictions

Beyond the $0.3345 resistance, further retracement levels outline additional zones of interest. The $0.4559 area, corresponding with the 0.5 retracement level, emerges as a key point where stronger resistance could appear

Analysts often monitor this zone for profit taking or renewed consolidation. The next Fibonacci extension at $0.5739 aligns with the 0.618 level, providing a longer term target if momentum continues to build. These predictions show the stages where upward momentum may either strengthen or pause.

Roadmap and Institutional Developments

While chart moves dominate the technical outlook, external factors are also contributing to Algorand’s positioning. MetaShark noted that the project’s 2025 roadmap release, combined with institutional activity, is creating conditions favorable for potential growth

The analyst noted that the asset is holding above its key support levels, supporting the possibility of movement toward the $0.30 zone if momentum sustains. These developments add to the broader market context, where adoption factors intersect with technical structures.

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