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Cryptocurrency traders experienced a temporary surge during Trump’s victory in November. However, ensuing factors such as tariffs, war, and delayed interest rate cuts failed to deliver desired price performances. What insights can the price predictions for ALGO, FIL, and SEI coins, shared by chart experts on June 25, offer us?
ALGO’s Price Prediction for 2025
With ETH priced at $2,400, it’s not showing much promise for altcoins today. BTC, after setting all-time highs in the USA, has descended to $107,000. Investors hoped for clarity with tariffs by July and were looking for easing in risk markets. Yet, leaks from the EU suggested that tariff-related challenges might persist until late summer, leading to cautious optimism.
ALGO coin, which made waves in 2021, remains among Poppe’s favorite altcoins. Although the latest attempt resulted in a decline, it shows strong potential to embark on a movement similar to a pre-bottom recovery. The analyst who shared the above chart pointed out a key support level and stated:
“ALGO is showcasing a beautiful chart. After completely retracting from its previous rally, it reached a higher dip level. The upcoming rally, being in the bull run phase, will trigger a significantly higher price point. They have now joined the Blockchain Association, signaling bullish potential.
Why? This positions Algorand and the Blockchain Association to influence crypto policies in the USA. You’ll want to be at the forefront of these policies, which is why I believe ALGO is a coin to watch.”
While this political group may not have an exaggerated narrative, ALGO’s involvement in the US regulations offers an advantage compared to other sidelined US-based projects.
Poppe targets over $1 here; however, it’s crucial to consider analysts’ biases towards altcoins they heavily invest in. Hence, today’s assessments should be viewed with this understanding.
FIL Coin and SEI Coin Commentary
Waleed Ahmed mentioned the importance of the $2.11 support level in potential pullbacks for FIL Coin, expecting notable rapid growth. With BTC hitting new ATH levels and ETH moving, long-standing worn altcoins like FIL might have opportunities for strong rallies due to their significant liquidity losses and overselling.
The analyst’s target for FIL Coin is over $3.3 by year’s end. Regarding SEI Coin, Sherpa commented:
“Theoretically, this should have been the bottom for altcoins like SEI; much liquidity exists in this wick.
Honestly, I’m very disappointed with myself; I love setups like these, and they’re my favorites; fib retracements. I didn’t expect 0.382 to hit like this and assumed I had more time. Turns out, this was the actual bottom for SEI. Oh well, what’s done is done.”
The analyst’s goal is to achieve closures above $0.2938, reverting to $0.3357.
