Algorand ALGO
Current Price
$0.1074 -4.16%
$0.0052 Daily Range (4.82%)
$0.1069$0.1121
$31.97M Daily Volume
422 BTC
Vol/MktCap: 3.34%
Market Performance
0.05% Relative BTC Volume
The total volume of Algorand is $31.97M over the past 24 hours, compared to $65.87B total Bitcoin volume.
Hourly Moving Average
Price Performance
-1.47% 1 Hour Change
$0.1074 from $0.1090
-1.27% 7 Day Change
-$0.0014 from $0.1088
-9.90% 14 Day Change
-$0.0106 from $0.1181
+20.75% 30 Day Change
$0.0223 from $0.0851
All Time High
June 20, 2019
$3.56 -96.98%
-$3.45 vs. now
24H Change
-41.38M USD -4.15%
-546 BTC
Volume and Supply
Total Supply: 8.90B ALGO 
8.90B ALGO AvailableRelative Supply Ratio
444.82 x BTC SupplyRelative Trade Volume
291.86M ALGO
traded over past 24 hours
Conversion Tool
Algorand AI Market Analysis
Trading volume stands at 38,083,908, translating to a volume-to-market cap ratio of 3.92%. Short-term moving averages exhibit a bearish trend, with the 8 SMA at $0.1103 down 0.96% and the 13 SMA at $0.1106 down 1.21%, suggesting a lack of momentum.
The 1-hour Relative Strength Index (RSI) is at 33, indicating a potential oversold condition, while the 7-day RSI at 53 signals a neutral momentum. Recent price changes show a modest 1.12% increase over the past week, contrasting with a more significant 8.12% decrease over the last 14 days, yet a substantial 23.90% increase over the past 30 days reflects a longer-term bullish trend.
Given the current price significantly below the all-time high of $3.56, there is room for recovery, but immediate resistance levels must be overcome. The technical indicators suggest a cautious approach, as the short-term averages indicate downward pressure, and the bearish sentiment persists.
In conclusion, while the recent price action shows some signs of stabilization, the overall bearish momentum in the short term and the RSI readings suggest a Hold rating for ALGO. Investors should monitor for signs of reversal or confirmation of a bullish trend before considering a Buy.
Updated 308 minutes ago.
Algorand Relative Price at Market Cap of:
Algorand TradingView Chart
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