Algorand (ALGO) 為看漲突破提供了理由，因為圖表上形成了雙底形態

Algorand (ALGO) 最近在加密貨幣交易者中成為新聞焦點，因為它在圖表上顯示出強烈的看漲潛力跡象。

Algorand (ALGO) has been grabbing attention lately amongst cryptocurrency traders after displaying strong signs of bullish potential on the charts. Aided by its unique governance structure, DeFi reward systems, and strengthening technical indicators, the blockchain has now positioned itself as a key player in the market.

Algorand (ALGO) 在圖表上顯示出強烈的看漲潛力跡象後，最近引起了加密貨幣交易者的注意。憑藉其獨特的治理結構、DeFi 獎勵系統和強化的技術指標，區塊鏈現在已將自己定位為市場的關鍵參與者。

Double bottom pattern in the spotlight!

雙底圖案成為焦點！

Recently, ALGO formed a double bottom pattern on the charts, which is widely recognized as a strong bullish reversal technical indicator. This pattern is characterized by two consecutive troughs at a similar price level, followed by a breakout above the neckline.

最近，ALGO 在圖表上形成了雙底形態，該形態被廣泛認為是強勁的看漲反轉技術指標。此形態的特徵是在相似的價格水準上連續出現兩個低谷，然後突破頸線。

In ALGO’s case, the double bottom occurred at the $0.34 price level, forming a strong base of support. Following this, ALGO broke through the descending trendline, confirming its bullish breakout. This breakout was also accompanied by a noticeable uptick in price momentum, indicating growing buying interest from traders.

就 ALGO 而言，雙底出現在 0.34 美元的價格水平，形成了強大的支撐基礎。隨後，ALGO 突破了下降趨勢線，確認了其看漲突破。此次突破也伴隨著價格動能的顯著上升，顯示交易者的購買興趣不斷增長。

Based on the analysis, the immediate resistance levels for ALGO now stand at $0.4799, $0.5421, and $0.5946. Breaking through these levels could pave the way for sustained upward momentum.

根據分析，ALGO 的直接阻力位目前為 0.4799 美元、0.5421 美元和 0.5946 美元。突破這些水平可能為持續上漲勢頭鋪平道路。

Considering the rising global liquidity and Algorand’s growing ecosystem, the next price target could be $0.5946, pending sufficient volume and support from the broader market.

考慮到全球流動性不斷上升和 Algorand 生態系統不斷發展，下一個價格目標可能是 0.5946 美元，等待足夠的交易量和更廣泛市場的支持。

Active addresses and network engagement examined

檢查活動地址和網路參與度

In another development, over the last few weeks, Algorand has registered a notable increase in active addresses, which corresponds with the altcoin’s price recovery on the charts.

另一項進展是，過去幾週，Algorand 的活躍地址顯著增加，這與圖表上山寨幣的價格回升相對應。

This uptick highlighted renewed interest from both traders and investors, signaling higher network demand. Active addresses are usually an early indicator of bullish momentum as they suggest growing confidence in the asset.

這種上升凸顯了交易者和投資者的新興趣，顯示網路需求更高。活躍地址通常是看漲勢頭的早期指標，因為它們表明對該資產的信心不斷增強。

This increase also corresponds with the uptick in global liquidity, which has historically driven higher blockchain activity. If active addresses continue trending upward, it would indicate sustained investor confidence.

這一成長也與全球流動性的上升相對應，這在歷史上推動了區塊鏈活動的增加。如果活躍地址繼續呈上升趨勢，則表示投資者信心持續。

However, a slowdown could suggest hesitation or profit-taking among participants. Hence, traders should keep a close eye on this metric, as it often precedes significant price movements on the charts.

然而，經濟放緩可能表示參與者猶豫或獲利了結。因此，交易者應密切關注該指標，因為它通常會先於圖表上的重大價格變動。

MVRV (Market Value to Realized Value) to the rescue

MVRV（市場價值與已實現價值）來拯救

At a reading of 0.45, the MVRV Ratio indicated that ALGO is undervalued, relative to its historical price performance. An MVRV below 1 means that market participants are, on average, holding ALGO at a loss. This has historically been a zone where accumulation and price reversals occur.

MVRV 比率讀數為 0.45，顯示 ALGO 相對於其歷史價格表現而言被低估。 MVRV 低於 1 表示市場參與者平均持有 ALGO 處於虧損狀態。從歷史上看，這裡一直是累積和價格反轉發生的區域。

This reading seemed to reinforce the notion that ALGO has significant room for upward movement. In fact, this undervaluation aligns with the recent breakout from the double bottom pattern – A sign of a strong opportunity for bullish continuation.

這項解讀似乎強化了 ALGO 具有巨大上升空間的觀點。事實上，這種低估與近期雙底形態的突破是一致的——這是持續看漲的強勁機會的跡象。

The low MVRV also pointed to minimal risk of excessive selling pressure. Especially as most holders are unlikely to sell at a loss at this stage.

較低的 MVRV 也顯示拋售壓力過大的風險很小。尤其是大多數持有者現階段不太可能虧本出售。

If the MVRV ratio starts approaching 1 or higher in the coming weeks, it could indicate that ALGO’s price is catching up to its realized value. This trend would support a growing bullish sentiment, especially as DeFi rewards and increasing network activity attract more participants.

如果 MVRV 比率在未來幾週內開始接近 1 或更高，則可能表明 ALGO 的價格正在追趕其實現價值。這種趨勢將支持日益增長的看漲情緒，尤其是在 DeFi 獎勵和不斷增加的網路活動吸引更多參與者的情況下。

Nevertheless, it is advisable to be cautious if MVRV rises too rapidly as it could signal potential overextension and profit-taking.

儘管如此，如果 MVRV 上升太快，建議保持謹慎，因為這可能預示著潛在的過度擴張和獲利回吐。

This undervalued state of ALGO, combined with rising activity and improving sentiment, makes it an attractive option for traders seeking long-term upside potential.

ALGO 的這種被低估的狀態，加上活動的增加和情緒的改善，使其成為尋求長期上漲潛力的交易者的一個有吸引力的選擇。