{"id":39538,"date":"2026-04-01T12:43:35","date_gmt":"2026-04-01T12:43:35","guid":{"rendered":"https:\/\/cryptd.in\/algorand-algo-soars-22-daily-following-googles-warning-further-gains-ahead\/"},"modified":"2026-04-01T12:43:35","modified_gmt":"2026-04-01T12:43:35","slug":"algorand-algo-soars-22-daily-following-googles-warning-further-gains-ahead","status":"publish","type":"post","link":"https:\/\/cryptd.in\/bg\/algorand-algo-soars-22-daily-following-googles-warning-further-gains-ahead\/","title":{"rendered":"Algorand (ALGO) Soars 22% Daily Following Google\u2019s Warning: Further Gains Ahead?"},"content":{"rendered":"<p>The cryptocurrency market has taken a breath of fresh air over the past 24 hours, with multiple leading digital assets charting minor increases.<\/p>\n<p>Algorand (ALGO) stands out as one of the top performers following a 22% daily pump. Some analysts believe there is more fuel left for an additional short-term rally, while certain indicators suggest a correction could also be on the way.<\/p>\n<h2>More Gains Ahead?<\/h2>\n<p>Earlier today (April 1), ALGO surpassed $0.10 for the first time since February, while its market capitalization neared the psychological $1 billion mark. According to CoinMarketCap, it has been among the top-trending cryptocurrencies over the past 24 hours, while its resurgence was most likely triggered by Google\u2019s latest report.<\/p>\n<div>\n<dl>\n<dt><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/04\/ALGO-Price.png\"><img decoding=\"async\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/04\/ALGO-Price.png\" alt=\"ALGO Price\" width=\"838\" height=\"582\" \/><\/a><\/dt>\n<dd>ALGO Price, Source: CoinGecko<\/dd>\n<\/dl>\n<\/div>\n<p>The company\u2019s quantum computing team recently <a href=\"https:\/\/cryptopotato.com\/google-quantum-computing-could-crack-top-1000-eth-wallets-in-days\/\">published<\/a> a white paper, claiming that future quantum computers might be able to crack the cryptography behind Bitcoin and other projects much more easily than previously believed.<\/p>\n<p>The report specifically highlights Algorand as a protocol that provides \u201can example of real-world deployment of PQC on an otherwise quantum-vulnerable blockchain.\u201d Google\u2019s team has further praised the project for deploying post-quantum Falcon digital signatures for smart transactions and state proofs. For its part, Algorand Foundation <a href=\"https:\/\/x.com\/AlgoFoundation\/status\/2038975484864950402\">noted<\/a> that aside from Bitcoin and Ethereum, no other blockchain received more attention in the report than Algorand.<\/p>\n<blockquote>\n<p>\u201cThe alarm has been sounded. Algorand has been answering it for years,\u201d the team said on X.<\/p>\n<\/blockquote>\n<p>ALGO\u2019s ascent has caught the eye of many market observers, some of whom see further upside potential. X user Aman\u00a0<a href=\"https:\/\/x.com\/Im_Aman2\/status\/2038964542726668682\">argued<\/a> that the price has bounced from support with a falling wedge breakout, hinting at a bullish reversal.<\/p>\n<p>The analyst using the moniker Clifton Fx also chipped in. They <a href=\"https:\/\/x.com\/clifton_ideas\/status\/2039199927176515911\">claimed<\/a> that ALGO is \u201ctrying to break the descending channel\u201d in the daily timeframe, and if that happens with a \u201cmomentum candle,\u201d it could lead to a jump to almost $0.20.<\/p>\n<h2>The Bears May Quickly Regain Control<\/h2>\n<p>Despite the impressive revival over the last 24 hours, ALGO remains far below its all-time high of $3.23 reached in the summer of 2019, while ongoing bearish market conditions could spur a potential rally ahead.<\/p>\n<p>The asset\u2019s Relative Strength Index (RSI) also indicates that a pullback may follow in the near future. The ratio has risen above 80, meaning that ALGO is overbought and on the verge of a possible correction. Conversely, readings below 30 are usually interpreted as buying opportunities.<\/p>\n<div>\n<dl>\n<dt><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/04\/ALGO-RSI.png\"><img decoding=\"async\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/04\/ALGO-RSI.png\" alt=\"ALGO RSI\" width=\"1700\" height=\"400\" \/><\/a><\/dt>\n<dd>ALGO RSI, Source: RSI Hunter<\/dd>\n<\/dl>\n<\/div>\n<p>\u00a0<\/p>\n<p>\u041f\u0443\u0431\u043b\u0438\u043a\u0430\u0446\u0438\u044f\u0442\u0430 <a href=\"https:\/\/cryptopotato.com\/algorand-algo-soars-22-daily-following-googles-warning-further-gains-ahead\/\">Algorand (ALGO) Soars 22% Daily Following Google\u2019s Warning: Further Gains Ahead?<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency market has taken a breath of fresh air over the past 24 hours, with multiple leading digital assets charting minor increases. Algorand (ALGO) stands out as one of the top performers following a 22% daily pump. Some analysts believe there is more fuel left for an additional short-term rally, while certain indicators suggest [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":39540,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-39538","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Algorand (ALGO) Soars 22% Daily Following Google\u2019s Warning: Further Gains Ahead? - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/bg\/algorand-algo-soars-22-daily-following-googles-warning-further-gains-ahead\/\" \/>\n<meta property=\"og:locale\" content=\"bg_BG\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Algorand (ALGO) Soars 22% Daily Following Google\u2019s Warning: Further Gains Ahead? - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"The cryptocurrency market has taken a breath of fresh air over the past 24 hours, with multiple leading digital assets charting minor increases. Algorand (ALGO) stands out as one of the top performers following a 22% daily pump. 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