Algorand ALGO
Current Price
$0.1363 +3.29%
$0.0074 Daily Range (5.46%)
$0.1286$0.1360
$46.08M Daily Volume
493 BTC
Vol/MktCap: 3.82%
Market Performance
0.09% Relative BTC Volume
The total volume of Algorand is $46.08M over the past 24 hours, compared to $49.43B total Bitcoin volume.
Hourly Moving Average
8 SMA $0.1309 +4.12%
13 SMA $0.1303 +4.61%
21 SMA $0.1304 +4.48%
55 SMA $0.1320 +3.20%
144 SMA $0.1334 +2.11%
Price Performance
+2.73% 1 Hour Change
$0.1363 from $0.1326
-5.89% 7 Day Change
-$0.0080 from $0.1443
+16.30% 14 Day Change
$0.0222 from $0.1140
+13.13% 30 Day Change
$0.0179 from $0.1184
All Time High
June 20, 2019
$3.56 -96.20%
-$3.42 vs. now
24H Change
37.98M USD +3.25%
406 BTC
Volume and Supply
Total Supply: 8.85B ALGO 
8.85B ALGO Available99.94% 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
443.12 x BTC Supply443:1 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
348.27M ALGO
traded over past 24 hours
3.94% 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 trading at $0.130667, reflecting a 24-hour decline of 1.26%. The price has seen a daily high of $0.132365 and a low of $0.128456, indicating a tight trading range of approximately 0.0039% over the last day.
The volume stands at 39,726,914 ALGO, contributing to a volume-to-market cap ratio of 3.44%, suggesting moderate trading activity relative to its market capitalization. The hourly moving averages show mixed signals, with the 8 SMA and 13 SMA indicating slight upward momentum, while the 55 SMA and 144 SMA reflect downward pressure, particularly the 144 SMA at -2.36%.
Short-term momentum is weak, as indicated by the 1-hour RSI at 41, and the 7-day RSI at 45 further confirms bearish sentiment. Over the past week, ALGO has decreased by 8.93%, but it has seen a rebound of 11.59% over the 14-day period and a 7.23% increase over the past 30 days, suggesting a potential for recovery in a longer time frame.
The cryptocurrency's all-time high remains significantly above the current price at $3.56, highlighting the substantial downside from its peak. Given the recent price movements, the mixed technical indicators, and the overall bearish sentiment in the short term, the outlook appears cautious.
In conclusion, a Hold rating is appropriate for Algorand (ALGO) at this time. While there are signs of potential recovery in the longer term, the current market dynamics and technical indicators suggest that investors should wait for clearer bullish signals before making further commitments.
The volume stands at 39,726,914 ALGO, contributing to a volume-to-market cap ratio of 3.44%, suggesting moderate trading activity relative to its market capitalization. The hourly moving averages show mixed signals, with the 8 SMA and 13 SMA indicating slight upward momentum, while the 55 SMA and 144 SMA reflect downward pressure, particularly the 144 SMA at -2.36%.
Short-term momentum is weak, as indicated by the 1-hour RSI at 41, and the 7-day RSI at 45 further confirms bearish sentiment. Over the past week, ALGO has decreased by 8.93%, but it has seen a rebound of 11.59% over the 14-day period and a 7.23% increase over the past 30 days, suggesting a potential for recovery in a longer time frame.
The cryptocurrency's all-time high remains significantly above the current price at $3.56, highlighting the substantial downside from its peak. Given the recent price movements, the mixed technical indicators, and the overall bearish sentiment in the short term, the outlook appears cautious.
In conclusion, a Hold rating is appropriate for Algorand (ALGO) at this time. While there are signs of potential recovery in the longer term, the current market dynamics and technical indicators suggest that investors should wait for clearer bullish signals before making further commitments.
Updated 477 minutes ago.
Algorand Relative Price at Market Cap of:
Algorand TradingView Chart
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