Algorand (ALGO) 为看涨突破提供了理由，因为图表上形成了双底形态

Algorand (ALGO) 最近在加密货币交易者中成为新闻焦点，因为它在图表上显示出强烈的看涨潜力迹象。

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) 在图表上显示出强烈的看涨潜力迹象后，最近引起了加密货币交易者的关注。凭借其独特的治理结构、DeFi 奖励系统和强化的技术指标，区块链现已将自己定位为市场的关键参与者。

Double bottom pattern in the spotlight!

双底图案成为焦点！

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 在图表上形成了双底形态，该形态被广泛认为是强劲的看涨反转技术指标。该形态的特点是在相似的价格水平上连续出现两个低谷，然后突破颈线。

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，双底出现在 0.34 美元的价格水平，形成了强大的支撑基础。随后，ALGO 突破了下降趋势线，确认了其看涨突破。此次突破还伴随着价格势头的显着上升，表明交易者的购买兴趣不断增长。

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.

根据分析，ALGO 的直接阻力位目前为 0.4799 美元、0.5421 美元和 0.5946 美元。突破这些水平可能为持续上涨势头铺平道路。

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.

考虑到全球流动性不断上升和 Algorand 生态系统不断发展，下一个价格目标可能是 0.5946 美元，等待足够的交易量和更广泛市场的支持。

Active addresses and network engagement examined

检查活动地址和网络参与度

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.

另一项进展是，过去几周，Algorand 的活跃地址显着增加，这与图表上山寨币的价格回升相对应。

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.

这种上升凸显了交易者和投资者的新兴趣，表明网络需求更高。活跃地址通常是看涨势头的早期指标，因为它们表明对该资产的信心不断增强。

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.

这一增长也与全球流动性的上升相对应，这在历史上推动了区块链活动的增加。如果活跃地址继续呈上升趋势，则表明投资者信心持续。

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，经济放缓可能表明参与者犹豫或获利了结。因此，交易者应密切关注该指标，因为它通常先于图表上的重大价格变动。

MVRV (Market Value to Realized Value) to the rescue

MVRV（市场价值与已实现价值）来拯救

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 比率读数为 0.45，表明 ALGO 相对于其历史价格表现而言被低估。 MVRV 低于 1 意味着市场参与者平均持有 ALGO 处于亏损状态。从历史上看，这里一直是积累和价格反转发生的区域。

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.

这一解读似乎强化了 ALGO 具有巨大上升空间的观点。事实上，这种低估与近期双底形态的突破是一致的——这是持续看涨的强劲机会的迹象。

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.

较低的 MVRV 也表明抛售压力过大的风险很小。尤其是大多数持有者现阶段不太可能亏本出售。

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 比率在未来几周内开始接近 1 或更高，则可能表明 ALGO 的价格正在追赶其实现价值。这种趋势将支持日益增长的看涨情绪，尤其是在 DeFi 奖励和不断增加的网络活动吸引更多参与者的情况下。

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

尽管如此，如果 MVRV 上升过快，建议保持谨慎，因为这可能预示着潜在的过度扩张和获利回吐。

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 的这种被低估的状态，加上活动的增加和情绪的改善，使其成为寻求长期上涨潜力的交易者的一个有吸引力的选择。