Algorand ALGO
Current Price
$0.1068 +3.85%
$0.0114 Daily Range (10.72%)
$0.0983$0.1098
$118.68M Daily Volume
1,771 BTC
Vol/MktCap: 12.50%
Market Performance
0.25% Relative BTC Volume
The total volume of Algorand is $118.68M over the past 24 hours, compared to $47.03B total Bitcoin volume.
Hourly Moving Average
Price Performance
-0.18% 1 Hour Change
$0.1068 from $0.1069
+26.86% 7 Day Change
$0.0287 from $0.0781
+20.25% 14 Day Change
$0.0216 from $0.0851
+24.62% 30 Day Change
$0.0263 from $0.0805
All Time High
June 20, 2019
$3.56 -96.99%
-$3.45 vs. now
24H Change
34.19M USD +3.74%
510 BTC
Volume and Supply
Total Supply: 8.89B ALGO 
8.89B ALGO AvailableRelative Supply Ratio
444.39 x BTC SupplyRelative Trade Volume
1.14B ALGO
traded over past 24 hours
Conversion Tool
Algorand AI Market Analysis
The trading volume stands at 121,160,478, representing a volume-to-market cap ratio of 12.71%, which suggests active trading interest. Notably, the hourly moving averages are trending upwards, with the 55 SMA showing an increase of 7.63% and the 144 SMA reflecting a significant 20.71% gain, highlighting positive momentum in the short to medium term.
The 1-hour RSI is at 82, which indicates that ALGO is currently in overbought territory, suggesting potential price corrections might occur soon. However, the 7-day RSI at 63 indicates that the asset remains in a bullish state, with strong buying interest over the past week.
Over the last 30 days, ALGO has experienced a price change of 23.85%, indicating a robust upward trend. This is supported by even higher price changes of 27.62% over the last week and 22.42% over the last 14 days, suggesting sustained positive momentum.
Despite the proximity to overbought conditions, the overall trend remains bullish, supported by strong volume and increasing moving averages. However, investors should be cautious of potential corrections in the short term as indicated by the high hourly RSI.
Given the technical indicators, recent price movements, and market sentiment, a Hold rating is advised for Algorand (ALGO) at this time. This strategy allows investors to capitalize on potential future gains while being prepared for possible short-term volatility.
Updated 287 minutes ago.
Algorand Relative Price at Market Cap of:
Algorand TradingView Chart
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