Algorand ALGO
Current Price
$0.1356 -1.22%
$0.0055 Daily Range (4.07%)
$0.1328$0.1384
$35.68M Daily Volume
420 BTC
Vol/MktCap: 2.99%
Market Performance
0.09% Relative BTC Volume
The total volume of Algorand is $35.68M over the past 24 hours, compared to $41.91B total Bitcoin volume.
Hourly Moving Average
8 SMA $0.1347 +0.63%
13 SMA $0.1345 +0.83%
21 SMA $0.1351 +0.38%
55 SMA $0.1381 -1.85%
144 SMA $0.1486 -8.77%
Price Performance
-0.46% 1 Hour Change
$0.1356 from $0.1362
-17.09% 7 Day Change
-$0.0232 from $0.1587
-23.80% 14 Day Change
-$0.0323 from $0.1678
-25.17% 30 Day Change
-$0.0341 from $0.1697
All Time High
June 20, 2019
$3.56 -96.19%
-$3.42 vs. now
24H Change
-13.77M USD -1.14%
-162 BTC
Volume and Supply
Total Supply: 8.80B ALGO 
8.80B 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
440.86 x BTC Supply441:1 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
263.10M ALGO
traded over past 24 hours
2.99% 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 $0.133819, showing a slight decline of 1.29% over the last 24 hours. The price has fluctuated between $0.132848 and $0.138366 during this period, indicating a daily range of approximately 0.0055 or 4.07%, which reflects low volatility in the current market environment.
The trading volume for ALGO stands at 48,151,247, representing about 4.09% of its market cap. The short-term moving averages indicate a bearish trend, with the 8 SMA at $0.1342 down by 0.29% and the 55 SMA significantly lower at $0.1398, down 4.31%.
The Relative Strength Index (RSI) metrics reveal oversold conditions, with a 1-hour RSI at 41 and a 7-day RSI at 42. These values suggest that there is limited upward momentum, as both short and medium-term indicators point toward potential downward pressure.
Over the past week, ALGO has experienced a price drop of nearly 17.83%, while the 14-day and 30-day changes are even more pronounced at -24.57% and -26.67%, respectively. This consistent decline suggests a bearish sentiment among investors, and there has been no significant recovery since the all-time high of $3.56 reached in June 2019.
Given the technical indicators and the recent price actions, the outlook for Algorand remains negative. The combination of declining moving averages, low RSI levels, and substantial price decreases over the past month leads to a Sell rating for ALGO, as further downside risk appears likely in the current market scenario.
The trading volume for ALGO stands at 48,151,247, representing about 4.09% of its market cap. The short-term moving averages indicate a bearish trend, with the 8 SMA at $0.1342 down by 0.29% and the 55 SMA significantly lower at $0.1398, down 4.31%.
The Relative Strength Index (RSI) metrics reveal oversold conditions, with a 1-hour RSI at 41 and a 7-day RSI at 42. These values suggest that there is limited upward momentum, as both short and medium-term indicators point toward potential downward pressure.
Over the past week, ALGO has experienced a price drop of nearly 17.83%, while the 14-day and 30-day changes are even more pronounced at -24.57% and -26.67%, respectively. This consistent decline suggests a bearish sentiment among investors, and there has been no significant recovery since the all-time high of $3.56 reached in June 2019.
Given the technical indicators and the recent price actions, the outlook for Algorand remains negative. The combination of declining moving averages, low RSI levels, and substantial price decreases over the past month leads to a Sell rating for ALGO, as further downside risk appears likely in the current market scenario.
Updated 238 minutes ago.
Algorand Relative Price at Market Cap of:
Algorand TradingView Chart
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