Algorand ALGO
Current Price
$0.1067 -3.21%
$0.0061 Daily Range (5.73%)
$0.1067$0.1129
$40.50M Daily Volume
556 BTC
Vol/MktCap: 4.26%
Market Performance
0.11% Relative BTC Volume
The total volume of Algorand is $40.50M over the past 24 hours, compared to $35.65B total Bitcoin volume.
Hourly Moving Average
8 SMA $0.1101 -3.04%
13 SMA $0.1107 -3.60%
21 SMA $0.1104 -3.33%
55 SMA $0.1118 -4.49%
144 SMA $0.1159 -7.91%
Price Performance
-1.88% 1 Hour Change
$0.1067 from $0.1088
-15.32% 7 Day Change
-$0.0164 from $0.1231
+30.73% 14 Day Change
$0.0328 from $0.0739
+24.68% 30 Day Change
$0.0263 from $0.0804
All Time High
June 20, 2019
$3.56 -97.00%
-$3.45 vs. now
24H Change
-30.81M USD -3.14%
-423 BTC
Volume and Supply
Total Supply: 8.90B ALGO 
8.90B 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
444.78 x BTC Supply445:1 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
368.87M ALGO
traded over past 24 hours
4.14% 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 $0.109921, reflecting a 24-hour change of -2.31%. The daily price range shows a low of $0.10935 and a high of $0.112861, indicating relatively low volatility in the market with a daily range of just 0.003511%.
Trading volume over the past 24 hours stands at 40,215,893, contributing to a volume-to-market cap ratio of 4.11%. The short-term moving averages (8 SMA, 13 SMA, and 21 SMA) are showing slight declines, with the 55 SMA indicating a more significant drop of 2.08%, suggesting bearish momentum in the immediate term.
The 1-hour RSI is at 51, indicating neutral market sentiment, while the 7-day RSI at 47 reflects a slight bearish trend. Over the last week, ALGO has experienced a price drop of 10.26%, though the 14-day and 30-day price changes are positive at 34.94% and 27.18%, respectively, indicating potential recovery in the longer term.
Despite the recent decline, the historical performance shows that ALGO is significantly below its all-time high of $3.56, creating potential for price appreciation. However, the current bearish signals from moving averages and the recent price action suggest caution in the short term.
Considering the mixed technical indicators and the current pricing structure, a HOLD rating is warranted. Investors should monitor for signs of a trend reversal or stabilization before considering new positions or adjustments to their existing ones.
Trading volume over the past 24 hours stands at 40,215,893, contributing to a volume-to-market cap ratio of 4.11%. The short-term moving averages (8 SMA, 13 SMA, and 21 SMA) are showing slight declines, with the 55 SMA indicating a more significant drop of 2.08%, suggesting bearish momentum in the immediate term.
The 1-hour RSI is at 51, indicating neutral market sentiment, while the 7-day RSI at 47 reflects a slight bearish trend. Over the last week, ALGO has experienced a price drop of 10.26%, though the 14-day and 30-day price changes are positive at 34.94% and 27.18%, respectively, indicating potential recovery in the longer term.
Despite the recent decline, the historical performance shows that ALGO is significantly below its all-time high of $3.56, creating potential for price appreciation. However, the current bearish signals from moving averages and the recent price action suggest caution in the short term.
Considering the mixed technical indicators and the current pricing structure, a HOLD rating is warranted. Investors should monitor for signs of a trend reversal or stabilization before considering new positions or adjustments to their existing ones.
Updated 433 minutes ago.
Algorand Relative Price at Market Cap of:
Algorand TradingView Chart
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