Algorand Price Surge Predicted as Bulls Take Control

The Algorand (ALGO) price has been steadily increasing over the past few days, showing signs of a potential rally. Analysts have pointed out that the cryptocurrency's structure has flipped bullish, with buyers stepping in at key zones and building pressure beneath liquidity-heavy levels.

According to derivatives data, long positioning is gradually increasing, while earlier bearish dominance in whale positioning and sentiment is easing. This suggests that traders are positioning ahead of a move, rather than chasing it after confirmation.