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Algorand Set for 160% Rally: Key Breakout Levels to Watch
- Algorand (ALGO) has potential for a 160% rally from price targets of $0.22 to $0.50.
- Algorand remains above key support, indicating bearish pressure may be fading.
- A breakout from the resistance level could trigger a 160% increase and make Algorand a strong market contender.
- Technical analysis suggests Algorand is on the brink of a breakout based on the falling wedge pattern.
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