Algorand price shot up 21% on Friday, April 3, becoming the top gainer of the day, bucking the relative stillness of the broader crypto market that has gone cold amid the escalating war situation in the Middle East.
Summary
- Algorand price jumped 21% to a nine-week high, becoming the top gainer as the broader crypto market remained subdued amid geopolitical tensions.
- The rally was driven by a Google Quantum AI research mention, Revolut enabling ALGO staking, and dip-buying after a recent all-time low.
- A confirmed falling wedge breakout and bullish indicators signal potential upside toward $0.139, with further gains possible if resistance is cleared.
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