BCH, ALGO, XMR Lead Crypto Market Recovery with Strong Gains
The crypto market is finally showing signs of recovery, with Bitcoin Cash (BCH), Algorand (ALGO), and Monero (XMR) leading the charge.
Bitcoin Cash (BCH) has jumped above $500, hitting its highest level of 2025 so far. It’s now testing a key resistance near $523. If it breaks above this, it could head toward the next major level around $640. However, if buyers slow down, BCH might pull back toward the $446 support area.
Algorand (ALGO) has also gained around 3% today. It broke past a key resistance at $0.1909 and could move higher toward $0.2092. Buying strength looks good for now, but if ALGO slips below $0.1691, its upward trend might pause.
Monero (XMR), a well-known privacy coin, is also in action. It broke out of a downward trend and is now testing resistance near $322. If it breaks above that, the next target could be around $372. Key support lies around $288.
These coins—especially BCH and ALGO, often seen as “Made in USA” projects—are fueling fresh hopes in the crypto space after a slow and uncertain period.
Impact:
If these coins break their resistance levels, the market rally could continue. But if resistance holds, some short-term pullbacks may happen before the next move up.