Algorand ALGO
Current Price
$0.1104 -1.94%
$0.0039 Daily Range (3.58%)
$0.1101$0.1141
$33.73M Daily Volume
445 BTC
Vol/MktCap: 3.43%
Market Performance
0.09% Relative BTC Volume
The total volume of Algorand is $33.73M over the past 24 hours, compared to $38.62B total Bitcoin volume.
Hourly Moving Average
Price Performance
-2.08% 1 Hour Change
$0.1104 from $0.1128
+5.00% 7 Day Change
$0.0055 from $0.1049
-0.53% 14 Day Change
-$0.0006 from $0.1110
+32.67% 30 Day Change
$0.0361 from $0.0743
All Time High
June 20, 2019
$3.56 -96.90%
-$3.45 vs. now
24H Change
-19.01M USD -1.90%
-251 BTC
Volume and Supply
Total Supply: 8.91B ALGO 
8.91B ALGO AvailableRelative Supply Ratio
444.83 x BTC SupplyRelative Trade Volume
300.96M ALGO
traded over past 24 hours
Conversion Tool
Algorand AI Market Analysis
The trading volume for ALGO stands at approximately 34.54 million, with a volume-to-market cap ratio of 3.45%. This relatively low trading volume suggests reduced investor interest, potentially limiting upward price movement in the near term.
The hourly moving averages present mixed signals; the 8 SMA and 13 SMA are slightly below the current price, suggesting immediate resistance, while the 55 SMA indicates stronger resistance at $0.1151. The 21 SMA and 144 SMA are closely aligned with the current price, indicating a potential consolidation phase.
Looking at the RSI metrics, the 1-hour RSI is at 53, suggesting a neutral stance, while the 7-day RSI is at 56, indicating mild bullish momentum. The recent price changes over 7 days (+5.84%), 14 days (+0.77%), and 30 days (+34.70%) reflect a positive trend, although the immediate short-term has shown some weakness.
Given that the all-time high for ALGO remains significantly above the current price at $3.56, there is substantial room for growth if the market sentiment shifts positively. However, the current technical indicators suggest that the asset is facing short-term resistance and potential consolidation.
Based on the analysis of technical indicators, recent price performance, and overall market sentiment, I rate Algorand (ALGO) as a Hold. The asset shows long-term potential due to its historical performance but currently lacks the momentum for short-term gains.
Updated 450 minutes ago.
Algorand Relative Price at Market Cap of:
Algorand TradingView Chart
In The News

Jones's endorsement highlights Bitcoin's potential as a hedge, but market skepticism persists amid geopolitical and economic uncertainties.

XRP’s on-chain profile is flashing a conflicted market structure, with valuation metrics showing holders underwater while derivatives positioning remains heavily skewed to the…

The Middle East conflict highlights the vulnerability of tech supply chains, prompting a strategic shift towards resource investments over chip stocks.

Rising tensions and lack of diplomatic progress heighten geopolitical risks, impacting global oil markets and regional stability.