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I just noticed that ALGO has risen slightly recently, dropping from $0.35-$0.40 last year to $0.12 now. It seems the market is still uncertain; OBV indicates more money flowing out, and trading volume has decreased.
If the price holds at $0.12, it might recover to $0.14-$0.16 or even $0.25. However, this appears to be only a temporary relief. Considering the larger wave pattern, the long-term forecast for Algorand's price still points to a downtrend, potentially dropping another 75% by 2027.
For those looking for price predictions, watch the $0.087-$0.106 level. If it breaks below that, it could fall further. This recovery might be an opportunity to sell.