ALGO Price Prediction: Targets $0.14 Breakout by February 2026

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

Several blockchain analysts have recently provided bullish ALGO price predictions despite the current market conditions. Peter Zhang stated on January 27, 2026: "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."

Tony Kim echoed similar sentiment on January 26, providing identical targets, while 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 added on January 24 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."

The consensus among these analysts points to a cautiously optimistic Algorand forecast, with consistent price targets suggesting potential upside despite current technical challenges.

ALGO Technical Analysis Breakdown

Algorand is currently trading at $0.11, down 5.08% in the past 24 hours with a trading range between $0.13 and $0.11. The technical picture presents mixed signals for this ALGO price prediction.

RSI Analysis: The 14-period RSI sits at 41.28, placing ALGO in neutral territory. This suggests the asset isn't oversold, leaving room for potential downside movement, but also indicates accumulation opportunities may be emerging.

MACD Signals: The MACD histogram shows 0.0000, indicating bearish momentum has stalled but hasn't yet reversed bullish. The MACD line at -0.0024 remains below the signal line, confirming the bearish bias in the short term.

Bollinger Bands: ALGO's position at 0.1435 on the Bollinger Band scale places it near the lower band support at $0.11, with the middle band (20-day SMA) at $0.12 and upper band at $0.14. This positioning suggests potential bounce opportunities from current levels.

Moving Average Analysis: All short-term moving averages (SMA 7, 20, 50, and EMA 12, 26) converge around $0.12, creating a critical decision point. However, the 200-day SMA at $0.19 indicates ALGO remains significantly below long-term trend levels.

Algorand Price Targets: Bull vs Bear Case

Bullish Scenario

In the bullish case for this ALGO price prediction, immediate resistance at $0.12 must be reclaimed, followed by a break above the strong resistance at $0.13. Successfully clearing $0.14 (Bollinger Band upper level) would confirm the analyst targets and potentially drive ALGO toward the $0.16-$0.19 medium-term range.

Key technical confirmation would include RSI breaking above 50, MACD histogram turning positive, and sustained volume above the current 24-hour average of $5.65 million on Binance.

Bearish Scenario

The bearish scenario sees ALGO failing to hold the $0.11 immediate support level, potentially dropping toward the strong support at $0.10. A break below this level could invalidate the bullish Algorand forecast and target deeper retracement levels.

Risk factors include continued bearish MACD signals, failure to reclaim the $0.12 pivot point, and overall crypto market weakness that could pressure ALGO regardless of its technical setup.

Should You Buy ALGO? Entry Strategy

Based on current technical levels, potential entry points for ALGO include:

Conservative Entry: Wait for a break and retest of $0.12 resistance with confirmed volume and RSI momentum above 45.

Aggressive Entry: Current levels around $0.11 offer risk-reward opportunities, but require tight stop-loss management below $0.10.

Stop-Loss Strategy: Place stops below $0.105 to limit downside risk while allowing for normal price fluctuations within the daily ATR of $0.01.

Position Sizing: Given the mixed technical signals, consider scaling into positions rather than taking full exposure immediately.

Conclusion

This ALGO price prediction suggests moderate upside potential with analysts consistently targeting $0.13-$0.14 in the short term and $0.16-$0.19 over the medium term. However, the current bearish momentum signals and position near Bollinger Band lows require careful risk management.

The convergence of moving averages around $0.12 creates a critical decision point for Algorand's next directional move. While analyst forecasts remain constructive, traders should wait for technical confirmation before committing significant capital.

Disclaimer: Cryptocurrency price predictions are speculative and based on technical analysis and market sentiment. Past performance does not guarantee future results. Always conduct your own research and consider your risk tolerance before investing.