Filecoin Surges 5% Breaking Key Resistance Levels Algorand Tests $0.285 Resistance After 76% Drop BlockDAG Offers 25% Referral Program With $5 Target

Filecoin has experienced a significant surge this week, with a 5% increase that has broken past key resistance levels. This upward movement has been supported by a series of higher lows and a notable increase in trading volume, drawing fresh attention to the potential upside of FIL. The price action has been particularly robust, with Filecoin climbing 3.74% to reach $2.64. This reinforces a bullish trend marked by steadily rising lows, with support holding firm near $2.54 and $2.55 before the token pushed through resistance around $2.62 during Asian market hours. This decisive move has added fuel to the growing interest in FIL’s short-term trajectory.

Algorand is also showing signs of strength, with its technical pattern featuring a well-defined double bottom. The price is now testing the long-held $0.285 resistance level, which many traders see as a possible setup for a larger breakout. After a 76% drop, ALGO formed a double bottom between April and June, backed by bullish RSI and MACD divergences. Recent price action has built higher lows, reinforcing the recovery signal. Despite recent declines in on-chain fees and revenue, technical indicators point upward. A confirmed breakout above $0.285 could trigger a move toward $0.47. Wave analysis adds fuel to the setup, suggesting this could be the third wave of a five-wave rally forming on ALGO’s chart.

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In summary, this past week has shown how different approaches can impact the future of any crypto portfolio. Filecoin is gaining strength as key support holds, while Algorand’s technical pattern hints at a long-awaited breakout. Both show promise, but their growth still depends on price charts and market reactions. BlockDAG is taking a more active path. Its 25% referral program allows users to grow their holdings through participation, not speculation. With BDAG priced at $0.0016 until August 11 and long-term targets as high as $5, the project is earning a serious spot among the top crypto coins for 2025.