Algorand ALGO
Current Price
$0.0957 +4.91%
$0.0060 Daily Range (6.23%)
$0.0899$0.0958
$25.91M Daily Volume
376 BTC
Vol/MktCap: 3.05%
Market Performance
0.06% Relative BTC Volume
The total volume of Algorand is $25.91M over the past 24 hours, compared to $41.42B total Bitcoin volume.
Hourly Moving Average
8 SMA $0.0944 +1.38%
13 SMA $0.0934 +2.46%
21 SMA $0.0925 +3.56%
55 SMA $0.0913 +4.82%
144 SMA $0.0932 +2.70%
Price Performance
+1.77% 1 Hour Change
$0.0957 from $0.0941
-2.79% 7 Day Change
-$0.0027 from $0.0984
-14.71% 14 Day Change
-$0.0141 from $0.1098
-29.46% 30 Day Change
-$0.0282 from $0.1240
All Time High
June 20, 2019
$3.56 -97.31%
-$3.46 vs. now
24H Change
40.46M USD +5.00%
588 BTC
Volume and Supply
Total Supply: 8.87B ALGO 
8.87B ALGO Available100.00% circulating A lower circulating supply may increase over time, reducing scarcity and potentially causing a drop in price. A higher circulating supply is less susceptible to dilution, offering the potential for a more stable price long-term.
Relative Supply Ratio
443.86 x BTC Supply444:1 supply ratio
RSR reflects potential differences in tokenomics, such as inflation rates, utility, or burn mechanisms, which can impact long-term value and scarcity.
Relative Trade Volume
279.07M ALGO
traded over past 24 hours
3.15% of circulating supply
A higher trade volume relative to market cap indicates strong market activity and liquidity, while a lower ratio may suggest reduced interest, lower liquidity, or potential price stagnation.
Conversion Tool
Algorand AI Market Analysis
Algorand (ALGO) is currently priced at $0.093989, reflecting a 2.89% increase over the last 24 hours. The daily trading range shows a low of $0.089851 and a high of $0.094953, indicating a relatively stable market environment with a daily range of 5.1%.
Trading volume stands at 26,951,723, representing 3.23% of the market cap. The short-term moving averages are trending positively, with the 8 SMA at $0.0925 (+1.64%) and the 13 SMA at $0.0918 (+2.35%), while the 144 SMA is also showing slight growth at $0.0934 (+0.65%).
The 1-hour RSI is elevated at 77, indicating potential overbought conditions in the short term. In contrast, the 7-day RSI at 47 suggests that ALGO may be moving toward a neutral position, as it has experienced a price decline of 5.08% over the past week.
On a longer timeframe, ALGO has faced significant selling pressure, with a 14-day price change of -15.43% and a 30-day change of -31.17%. This indicates a bearish trend, suggesting that any recent gains may be part of a corrective phase rather than a reversal of the longer-term downtrend.
Given the current market dynamics and technical indicators, the price is showing short-term resilience but is under significant longer-term pressure. Therefore, while the recent uptick is positive, the prevailing downward momentum suggests a cautious approach.
Rating: Hold. The recent upward movement does not negate the bearish longer-term trend, and investors should wait for clearer signals of a sustained recovery before making new positions.
Trading volume stands at 26,951,723, representing 3.23% of the market cap. The short-term moving averages are trending positively, with the 8 SMA at $0.0925 (+1.64%) and the 13 SMA at $0.0918 (+2.35%), while the 144 SMA is also showing slight growth at $0.0934 (+0.65%).
The 1-hour RSI is elevated at 77, indicating potential overbought conditions in the short term. In contrast, the 7-day RSI at 47 suggests that ALGO may be moving toward a neutral position, as it has experienced a price decline of 5.08% over the past week.
On a longer timeframe, ALGO has faced significant selling pressure, with a 14-day price change of -15.43% and a 30-day change of -31.17%. This indicates a bearish trend, suggesting that any recent gains may be part of a corrective phase rather than a reversal of the longer-term downtrend.
Given the current market dynamics and technical indicators, the price is showing short-term resilience but is under significant longer-term pressure. Therefore, while the recent uptick is positive, the prevailing downward momentum suggests a cautious approach.
Rating: Hold. The recent upward movement does not negate the bearish longer-term trend, and investors should wait for clearer signals of a sustained recovery before making new positions.
Updated 229 minutes ago.
Algorand Relative Price at Market Cap of:
Algorand TradingView Chart
In The News

Bitcoin Reclaims $69,000 as Cooling US Inflation Sparks Relief Rally
Bitcoin rebounded sharply on Friday, climbing back to $69,000 after U.S. inflation data came in cooler than expected at 2.4%.

Could PEPE repeat its April 2024 rally? THESE metrics say yes
Is PEPE setting up textbook a bear trap?

Binance fires several experts from its compliance team, including special investigators
Binance has reportedly fired investigators and internal compliance experts, after they discovered over $1B in transfers, linked to sanctioned wallets and sources in Iran.

White House crypto adviser says banks shouldn't fear stablecoin yield
Crypto companies and platforms that provide stablecoin rewards have become a major point of contention in the CLARITY crypto market structure bill.