Algorand ALGO
Current Price
$0.1603 -3.28%
$0.0108 Daily Range (6.74%)
$0.1584$0.1692
$51.67M Daily Volume
507 BTC
Vol/MktCap: 3.73%
Market Performance
0.26% Relative BTC Volume
The total volume of Algorand is $51.67M over the past 24 hours, compared to $20.02B total Bitcoin volume.
Hourly Moving Average
8 SMA $0.1667 -3.80%
13 SMA $0.1673 -4.17%
21 SMA $0.1673 -4.18%
55 SMA $0.1682 -4.67%
144 SMA $0.1718 -6.66%
Price Performance
-2.53% 1 Hour Change
$0.1603 from $0.1645
-9.36% 7 Day Change
-$0.0150 from $0.1753
-16.52% 14 Day Change
-$0.0265 from $0.1868
-32.77% 30 Day Change
-$0.0525 from $0.2129
All Time High
June 20, 2019
$3.56 -95.51%
-$3.40 vs. now
24H Change
-48.04M USD -3.35%
-471 BTC
Volume and Supply
Total Supply: 8.63B ALGO 
8.63B 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
411.08 x BTC Supply
























































































































































411:1 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
315.39M ALGO
traded over past 24 hours
3.65% 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 $0.166111, reflecting a slight 24-hour change of 0.09454%. The daily trading range has been tight, with a high of $0.169594 and a low of $0.161674, indicating low volatility and investor indecision.
The volume for the last 24 hours stands at 63,790,541, representing 4.44% of the market cap, which suggests moderate trading activity. The hourly moving averages show a bearish trend, with the 8 SMA at $0.1682 down 1.26%, the 13 SMA at $0.1678 down 1.01%, and the 21 SMA at $0.1675 down 0.82%, indicating short-term weakness.
The relative strength index (RSI) readings are near neutral territory, with the 1-hour RSI at 45 and the 7-day RSI at 46. This positioning suggests that ALGO is neither overbought nor oversold, but the downtrends in the 7-day (-6.45%) and 14-day (-13.34%) price changes indicate continued bearish sentiment over the medium term.
Looking at the longer-term trend, ALGO has declined approximately 31% over the past 30 days, which raises concerns about its near-term price action. The significant distance from the all-time high of $3.56 highlights the current challenges faced by the asset, as it struggles to regain bullish momentum.
Based on the current analysis, ALGO's price trajectory suggests a cautious approach. The mix of short-term bearish moving averages, coupled with the RSI readings and recent price declines, leads to a Sell rating, as the potential for further downside appears more likely than a rebound in the immediate future.
The volume for the last 24 hours stands at 63,790,541, representing 4.44% of the market cap, which suggests moderate trading activity. The hourly moving averages show a bearish trend, with the 8 SMA at $0.1682 down 1.26%, the 13 SMA at $0.1678 down 1.01%, and the 21 SMA at $0.1675 down 0.82%, indicating short-term weakness.
The relative strength index (RSI) readings are near neutral territory, with the 1-hour RSI at 45 and the 7-day RSI at 46. This positioning suggests that ALGO is neither overbought nor oversold, but the downtrends in the 7-day (-6.45%) and 14-day (-13.34%) price changes indicate continued bearish sentiment over the medium term.
Looking at the longer-term trend, ALGO has declined approximately 31% over the past 30 days, which raises concerns about its near-term price action. The significant distance from the all-time high of $3.56 highlights the current challenges faced by the asset, as it struggles to regain bullish momentum.
Based on the current analysis, ALGO's price trajectory suggests a cautious approach. The mix of short-term bearish moving averages, coupled with the RSI readings and recent price declines, leads to a Sell rating, as the potential for further downside appears more likely than a rebound in the immediate future.
Updated 361 minutes ago.
Algorand Relative Price at Market Cap of:
Algorand TradingView Chart
You May Also Like

Coinbase Wrapped BTC CBBTC
$101,856 -1.39%

Tokenize Xchange TKX
$28.14 +1.07%

NEXO NEXO
$1.15 -4.11%

BitTorrent BTT
$0.00000058 -3.23%

Avalanche Bridged BTC (Avalanche) BTC.B
$101,801 -1.30%

APENFT NFT
$0.00000041 -0.53%
Polygon PoS Bridged WETH (Polygon POS) WETH
$2,297.17 -4.43%

Akash Network AKT
$1.01 -4.85%
In The News

‘Policy procrastination’ leaves UK trailing EU, US in crypto regulation: Experts
A new OMFIF blog warns the UK is losing its early advantage in digital asset regulation, as the EU enforces MiCA and the US advances with the Genius Act.

Circle Employees Reportedly Missed out on $3 Billion in Unrealized Profits
Circle’s market cap has soared to $58 billion, driven by strong investor confidence and upcoming stablecoin regulation. T

Best Altcoins to Buy Now as Elon Musk Plans to Reshape Crypto Through a DEX on Twitter (X)
Elon Musk is reportedly planning to launch a decentralized exchange (DEX) on X (formerly Twitter).

XRP News Today: Ripple Accused of Delaying Lawsuit as SEC Seeks Relief—What’s Next for XRP?
The long-standing legal battle between Ripple and the U.S.