Algorand ALGO
Current Price
$0.1088 -0.14%
$0.0035 Daily Range (3.24%)
$0.1058$0.1093
$25.29M Daily Volume
322 BTC
Vol/MktCap: 2.61%
Market Performance
0.11% Relative BTC Volume
The total volume of Algorand is $25.29M over the past 24 hours, compared to $22.60B total Bitcoin volume.
Hourly Moving Average
8 SMA $0.1065 +2.14%
13 SMA $0.1069 +1.78%
21 SMA $0.1076 +1.10%
55 SMA $0.1092 -0.33%
144 SMA $0.1125 -3.30%
Price Performance
+1.67% 1 Hour Change
$0.1088 from $0.1070
-5.70% 7 Day Change
-$0.0062 from $0.1150
-0.19% 14 Day Change
-$0.0002 from $0.1090
+1.17% 30 Day Change
$0.0013 from $0.1075
All Time High
June 20, 2019
$3.56 -96.96%
-$3.45 vs. now
24H Change
-1.42M USD -0.15%
-18 BTC
Volume and Supply
Total Supply: 8.91B ALGO 
8.91B 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
444.85 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
235.16M ALGO
traded over past 24 hours
2.64% 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 priced at $0.10755, reflecting a slight decline of 0.8529% over the past 24 hours. The daily trading range has been tight, with a high of $0.109668 and a low of $0.105796, indicating limited volatility in the current market environment.
Trading volume stands at 26,494,454, which corresponds to 2.77% of the market cap, suggesting moderate liquidity. The moving averages indicate mixed short-term trends, with the 8 SMA and 13 SMA showing slight positive momentum, while longer-term SMAs, particularly the 55 SMA and 144 SMA, indicate bearish pressure with declines of -1.48% and -4.41%, respectively.
Both the 1-hour and 7-day RSI are at 42, indicating that ALGO is approaching oversold conditions but has not yet reached them. Over the past week, ALGO has declined by approximately 5.74%, although it has shown a modest recovery of about 4.22% over the past 30 days.
The all-time high for Algorand was $3.56 in June 2019, highlighting significant downside potential from the current price level. Given the combination of bearish moving averages, declining short-term RSI, and recent price changes, the market sentiment for ALGO appears cautious.
Based on the technical indicators and current market dynamics, I recommend a Hold rating on Algorand (ALGO). While there may be potential for recovery in the longer term, the current market conditions do not support an aggressive buy stance until more positive momentum is observed.
Trading volume stands at 26,494,454, which corresponds to 2.77% of the market cap, suggesting moderate liquidity. The moving averages indicate mixed short-term trends, with the 8 SMA and 13 SMA showing slight positive momentum, while longer-term SMAs, particularly the 55 SMA and 144 SMA, indicate bearish pressure with declines of -1.48% and -4.41%, respectively.
Both the 1-hour and 7-day RSI are at 42, indicating that ALGO is approaching oversold conditions but has not yet reached them. Over the past week, ALGO has declined by approximately 5.74%, although it has shown a modest recovery of about 4.22% over the past 30 days.
The all-time high for Algorand was $3.56 in June 2019, highlighting significant downside potential from the current price level. Given the combination of bearish moving averages, declining short-term RSI, and recent price changes, the market sentiment for ALGO appears cautious.
Based on the technical indicators and current market dynamics, I recommend a Hold rating on Algorand (ALGO). While there may be potential for recovery in the longer term, the current market conditions do not support an aggressive buy stance until more positive momentum is observed.
Updated 186 minutes ago.
Algorand Relative Price at Market Cap of:
Algorand TradingView Chart
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