Cryptocurrency markets are experiencing changes driven by high volatility. Projects like Algorand, Polygon, and BlockDAG are showing varied responses to the current situation.
Algorand (ALGO) Price Outlook
Algorand (ALGO) is showing signs of slow recovery after a recent drop. In April 2025, ALGO fell to around $0.149 but climbed back up to nearly $0.24 by mid-May. The main resistance level remains at the 200-day exponential moving average. If buying strength continues, ALGO may reach an average of $0.50 by year-end with a potential high close to $0.89. However, if the upward trend slows, support may appear near $0.45.
Polygon (POL) Situation
Polygon (POL) is under selling pressure as charts point to further losses. Recently, POL dropped to around $0.1915, the lowest since April 21. The fall below the 23.6% Fibonacci level and the 50-day average indicates a continuing negative trend. Indicators like RSI and MACD show low momentum, giving sellers an edge. Should current support zones fail, the price could drop another 25% toward $0.14–$0.15.
BlockDAG's Expansion into the U.S.
BlockDAG is preparing to enter the U.S. market, reflecting a plan to support global recognition. A large sponsorship is being organized, signaling the start of broader efforts to establish presence in other regions. BlockDAG has already raised $329 million through its presale, currently in Batch 29. The integration of DAG architecture with proof-of-work mechanisms strengthens its technical foundation and is expected to foster the adoption of smart contracts and decentralized technologies.
Thus, despite various pressures and trends in the cryptocurrency sector, projects such as Algorand and BlockDAG are finding ways to adapt and grow in the rapidly changing market.
