Algorand ALGO
Current Price
$0.0845 -2.45%
$0.0030 Daily Range (3.60%)
$0.0836$0.0866
$32.39M Daily Volume
475 BTC
Vol/MktCap: 4.32%
Market Performance
0.08% Relative BTC Volume
The total volume of Algorand is $32.39M over the past 24 hours, compared to $39.55B total Bitcoin volume.
Hourly Moving Average
Price Performance
-0.03% 1 Hour Change
$0.0845 from $0.0845
+2.39% 7 Day Change
$0.0020 from $0.0825
-6.56% 14 Day Change
-$0.0055 from $0.0900
-14.13% 30 Day Change
-$0.0119 from $0.0964
All Time High
June 20, 2019
$3.56 -97.63%
-$3.48 vs. now
24H Change
-19.29M USD -2.51%
-283 BTC
Volume and Supply
Total Supply: 8.89B ALGO 
8.89B ALGO AvailableRelative Supply Ratio
444.39 x BTC SupplyRelative Trade Volume
380.74M ALGO
traded over past 24 hours
Conversion Tool
Algorand AI Market Analysis
Trading volume stands at 31,843,415, corresponding to a volume-to-market cap ratio of 4.24%. This suggests a relatively active market, although the low price and volume indicate a bearish sentiment in the short term.
Analyzing the moving averages reveals a consistent downward trend, with the 8-period SMA at $0.0846 reflecting a decrease of 0.20%, and the 55-period SMA at $0.0867 showing a larger drop of 2.61%. The 1-hour RSI is at 53, indicating a neutral position, while the 7-day RSI is at 48, suggesting the asset is close to oversold territory.
Over the past week, ALGO has dropped by 1.52%, and a more significant decline of 6.68% over the last 14 days indicates a weakening price trend. The 30-day change of -16.37% further reinforces this bearish outlook, with the price significantly below its all-time high of $3.56.
Considering the technical indicators and the recent price movements, the current trend suggests that ALGO is facing resistance and bearish pressure. Therefore, the recommendation is to Hold at this moment, as a rebound could occur, but significant buying should be approached with caution until there are clearer signs of recovery.
Updated 319 minutes ago.
Algorand Relative Price at Market Cap of:
Algorand TradingView Chart
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