Algorand ALGO
Current Price
$0.0822 +0.94%
$0.0019 Daily Range (2.34%)
$0.0812$0.0832
$20.25M Daily Volume
303 BTC
Vol/MktCap: 2.77%
Market Performance
0.09% Relative BTC Volume
The total volume of Algorand is $20.25M over the past 24 hours, compared to $23.01B total Bitcoin volume.
Hourly Moving Average
8 SMA $0.0826 -0.51%
13 SMA $0.0825 -0.44%
21 SMA $0.0823 -0.12%
55 SMA $0.0825 -0.35%
144 SMA $0.0852 -3.49%
Price Performance
+0.62% 1 Hour Change
$0.0822 from $0.0817
-5.29% 7 Day Change
-$0.0043 from $0.0865
-9.31% 14 Day Change
-$0.0077 from $0.0898
-6.94% 30 Day Change
-$0.0057 from $0.0879
All Time High
June 20, 2019
$3.56 -97.69%
-$3.48 vs. now
24H Change
7.55M USD +1.04%
113 BTC
Volume and Supply
Total Supply: 8.89B ALGO 
8.89B 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
444.47 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
246.38M ALGO
traded over past 24 hours
2.77% 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 $0.082035, exhibiting a modest 24-hour change of 1.31%. The daily trading range has been relatively tight, with a high of $0.08316 and a low of $0.080976, reflecting a daily range of just 0.002184%.
Volume stands at 20,501,544, which corresponds to a volume-to-market cap ratio of 2.81%, suggesting a moderate level of trading activity relative to its market capitalization. The hourly moving averages indicate a slight downward trend, with the 8 SMA at $0.0826 showing a decline of 0.69%, while longer averages such as the 144 SMA are down 3.66% at $0.0852.
The short-term momentum, as indicated by the 1-hour RSI at 51, is neutral, suggesting neither overbought nor oversold conditions. However, the 7-day RSI at 45 signals a bearish sentiment, particularly as the price has decreased by 5.45% over the past week and by 9.04% over the last 14 days.
Historically, ALGO has significant distance from its all-time high of $3.56, reached in June 2019. This disparity emphasizes the need for substantial bullish momentum to regain previous price levels, further complicating the outlook in the current market environment.
Given the lack of strong bullish indicators and the ongoing downward pressure reflected in the moving averages and RSI metrics, a cautious approach is warranted. Therefore, the rating for Algorand (ALGO) is a Sell, as the current technical and fundamental data suggests potential further declines in the short to medium term.
Volume stands at 20,501,544, which corresponds to a volume-to-market cap ratio of 2.81%, suggesting a moderate level of trading activity relative to its market capitalization. The hourly moving averages indicate a slight downward trend, with the 8 SMA at $0.0826 showing a decline of 0.69%, while longer averages such as the 144 SMA are down 3.66% at $0.0852.
The short-term momentum, as indicated by the 1-hour RSI at 51, is neutral, suggesting neither overbought nor oversold conditions. However, the 7-day RSI at 45 signals a bearish sentiment, particularly as the price has decreased by 5.45% over the past week and by 9.04% over the last 14 days.
Historically, ALGO has significant distance from its all-time high of $3.56, reached in June 2019. This disparity emphasizes the need for substantial bullish momentum to regain previous price levels, further complicating the outlook in the current market environment.
Given the lack of strong bullish indicators and the ongoing downward pressure reflected in the moving averages and RSI metrics, a cautious approach is warranted. Therefore, the rating for Algorand (ALGO) is a Sell, as the current technical and fundamental data suggests potential further declines in the short to medium term.
Updated 119 minutes ago.
Algorand Relative Price at Market Cap of:
Algorand TradingView Chart
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