Is Algorand (ALGO) Reversing Its Course? Historical Trends Suggest Strong Bullish Potential

The cryptocurrency market has experienced a challenging start to 2025, with Ethereum (ETH) dropping significantly in the first quarter. This downturn impacted the broader altcoin and memecoin sectors. However, positive sentiment is emerging as U.S. President Trump announced a temporary tariff pause. One token that appears to be benefiting from this shift is Algorand (ALGO). After suffering a steep decline this year, ALGO has seen impressive weekly gains of 21%, suggesting a potential reversal in its trajectory.