RSI Hunter
Monday, March, 24 2025
$2.96T 1.22% | $80.03B | BTC.D 58.52%

Icon Algorand ALGO

Current Price

$0.2013 +6.11%

$0.0144 Daily Range (7.15%)
$0.1873$0.2016
$67.83M Daily Volume
776 BTC
Vol/MktCap: 3.96%
Relative Strength

87

Overbought

HTF: 55 (Neutral)


Market Performance

Icon +2.47%  0.00000230 BTC

Icon +2.25%  0.00009631 ETH

Icon +6.09%  0.2013 USDT

Icon +3.34%  0.0818 XRP

Icon +5.49%  0.0003 BNB


0.32% Relative BTC Volume

The total volume of Algorand is $67.83M over the past 24 hours, compared to $21.12B total Bitcoin volume.


Hourly Moving Average

8 SMA $0.1937   +3.89%

13 SMA $0.1918   +4.92%

21 SMA $0.1910   +5.37%

55 SMA $0.1897   +6.09%

144 SMA $0.1909   +5.44%

 Price Performance
+1.29% 1 Hour Change
$0.2013 from $0.1987
+5.06% 7 Day Change
$0.0102 from $0.1911
-1.01% 14 Day Change
-$0.0020 from $0.2033
-23.97% 30 Day Change
-$0.0482 from $0.2495

 All Time High
June 20, 2019
$3.56 -94.34%
-$3.36 vs. now
 Rank #68
$1.71B Market Cap
19,601 BTC
24H Change
97.97M USD +6.07%
1,121 BTC

 Volume and Supply
Total Supply: 8.52B ALGO Icon
8.52B ALGO Available
100.00% 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
405.51 x BTC Supply Icon = IconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIconIcon+255 more
406:1 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
348.83M ALGO Icon traded over past 24 hours
4.10% 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 $0.19118, reflecting a 24-hour change of 1.17%. The daily trading range has been tight, with a high of $0.194948 and a low of $0.187252, indicating relatively stable price action within a narrow band.

The trading volume stands at approximately 54.85 million, representing 3.37% of the market cap. This volume is moderate, suggesting a reasonable level of investor interest, but it remains below levels seen during more volatile periods for the asset.

Technical indicators reveal a positive short-term sentiment, with the 8 SMA at $0.1889 showing a 1.20% increase, while the 13 SMA and 21 SMA also reflect upward trends. The hourly RSI is at 60, indicating bullish momentum, whereas the 7-day RSI is at 51, suggesting a neutral outlook over a slightly longer timeframe.

In terms of longer-term performance, ALGO has seen a 7-day price change of 0.84%, but it faces more significant challenges with a 14-day decline of -6.59% and a 30-day drop of -28.92%. This pattern suggests that while there may be short-term optimism, the longer-term trend remains bearish, and recovery could take time.

Given that the current price is significantly below its all-time high of $3.56, there is potential for substantial upside if bullish sentiment can be sustained. However, the current market conditions and the downward pressure observed in recent weeks indicate caution.

In conclusion, the analysis suggests a Hold rating for Algorand (ALGO). The combination of short-term bullish indicators and long-term bearish trends means investors should wait for clearer signals before committing new capital.

Updated 397 minutes ago.

Algorand Relative Price at Market Cap of:
Icon
#1  Bitcoin

$203.69 +101102.64%
Icon
#2  Ethereum

$29.60 +14606.08%
Icon
#6  Solana

$8.42 +4084.77%
Icon
#10  TRON

$2.55 +1165.49%
Icon
#25  Bitcoin Cash

$0.77 +283.84%
Icon
#75  KuCoin

$0.16 -19.28%
Icon Algorand TradingView Chart
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