ALGO Price Prediction: Targets $0.16-$0.19 by February 2026
Tony Kim Jan 26, 2026 17:03
ALGO Price Prediction Summary • Short-term target (1 week): $0.13-$0.14 • Medium-term forecast (1 month): $0.16-$0.19 range • Bullish breakout level: $0.14 • Critical support: $0.11 What Cryp...
ALGO Price Prediction Summary
• Short-term target (1 week): $0.13-$0.14
• Medium-term forecast (1 month): $0.16-$0.19 range
• Bullish breakout level: $0.14
• Critical support: $0.11
What Crypto Analysts Are Saying About Algorand
Recent analyst coverage has turned cautiously optimistic on ALGO's price trajectory. Felix Pinkston noted on January 25 that "Algorand (ALGO) trading at $0.12 shows potential for 16-58% gains with medium-term forecast targeting $0.16-$0.19 range as technical indicators suggest recovery momentum."
Rebeca Moen echoed similar sentiment on January 24, stating that "Algorand shows potential for 33-58% gains targeting $0.16-$0.19 range within 4-6 weeks as technical indicators suggest recovery from current neutral RSI levels at $0.12."
Jessie A Ellis provided a comprehensive ALGO price prediction on January 21, outlining "Short-term target (1 week): $0.13-$0.14; Medium-term forecast (1 month): $0.16-$0.19 range; Bullish breakout level: $0.14; Critical support: $0.11."
The consensus among analysts suggests Algorand forecast points to significant upside potential, with targets ranging from 16% to 58% gains from current levels.
ALGO Technical Analysis Breakdown
Algorand's current technical setup presents a mixed but potentially constructive picture. Trading at $0.12, ALGO sits near the middle of its Bollinger Bands with a %B position of 0.3835, suggesting room for upward movement within the current volatility range.
The RSI reading of 48.69 indicates neutral territory, neither overbought nor oversold, which historically provides a favorable setup for directional moves. However, the MACD histogram at -0.0000 shows minimal bearish momentum, suggesting the recent selling pressure may be waning.
Moving averages paint a concerning longer-term picture, with ALGO trading significantly below its 200-day SMA of $0.19. However, the convergence of shorter-term averages (SMA 7, 20, and 50 all clustered around $0.12-$0.13) suggests potential for a technical base formation.
Daily volatility remains moderate with an ATR of $0.01, while 24-hour volume of $6.54 million on Binance provides adequate liquidity for price discovery.
Algorand Price Targets: Bull vs Bear Case
Bullish Scenario
In an optimistic scenario, ALGO price prediction models suggest initial resistance at $0.13 must be cleared for meaningful upside. A break above the Bollinger Band upper limit of $0.14 would likely trigger the bullish breakout scenario outlined by analysts.
The $0.16-$0.19 target range represents the convergence of multiple technical levels and analyst projections. This Algorand forecast assumes continued recovery in broader crypto markets and successful defense of the $0.11 support level.
Technical confirmation would come from RSI breaking above 50 and MACD histogram turning positive, indicating momentum shift toward buyers.
Bearish Scenario
Downside risks center around the critical $0.11 support level, which aligns with both the Bollinger Band lower boundary and recent trading range lows. A break below this level could trigger further selling toward the next major support zone.
Risk factors include broader crypto market weakness, regulatory concerns affecting altcoins, and failure to generate meaningful adoption metrics that justify current valuations relative to the 200-day moving average at $0.19.
Should You Buy ALGO? Entry Strategy
Based on current technical levels, a staged entry approach appears most prudent. Initial positions could be considered near current levels around $0.12, with additional accumulation on any dip toward the $0.11 support zone.
Stop-loss placement below $0.11 would limit downside risk while maintaining exposure to the upside targets identified in analyst projections. Risk management suggests position sizing that can withstand a potential 15-20% drawdown from entry levels.
For momentum traders, waiting for a confirmed break above $0.13 with volume expansion might provide better risk-adjusted entry, albeit with reduced upside potential.
Conclusion
This ALGO price prediction suggests moderate bullish potential over the coming month, with analyst targets of $0.16-$0.19 representing realistic upside based on current technical conditions. The neutral RSI and compressed volatility create a constructive setup, though broader market conditions will likely influence the timing and magnitude of any move.
The Algorand forecast carries medium confidence given the convergence of multiple analyst projections and supportive technical factors, though investors should remain mindful of the significant gap between current prices and longer-term moving averages.
This analysis is for informational purposes only and should not be considered financial advice. Cryptocurrency investments carry substantial risk, and past performance does not guarantee future results.
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