Algorand ALGO
Current Price
$0.1462 +3.19%
$0.0070 Daily Range (4.81%)
$0.1393$0.1464
$59.98M Daily Volume
679 BTC
Vol/MktCap: 4.67%
Market Performance
0.08% Relative BTC Volume
The total volume of Algorand is $59.98M over the past 24 hours, compared to $77.30B total Bitcoin volume.
Hourly Moving Average
8 SMA $0.1414 +3.41%
13 SMA $0.1418 +3.12%
21 SMA $0.1425 +2.63%
55 SMA $0.1391 +5.09%
144 SMA $0.1440 +1.55%
Price Performance
+2.09% 1 Hour Change
$0.1462 from $0.1432
-5.73% 7 Day Change
-$0.0084 from $0.1546
-20.96% 14 Day Change
-$0.0306 from $0.1768
-20.90% 30 Day Change
-$0.0306 from $0.1768
All Time High
June 20, 2019
$3.56 -95.89%
-$3.41 vs. now
24H Change
38.53M USD +3.09%
436 BTC
Volume and Supply
Total Supply: 8.80B ALGO 
8.80B ALGO Available99.95% 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
441.06 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
419.87M ALGO
traded over past 24 hours
4.77% 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 $0.141035, reflecting a 1.50% increase over the past 24 hours. The daily trading range has been relatively tight, with a high of $0.145884 and a low of $0.138796, indicating a slight volatility increase with a daily range of 0.007088%.
The volume stands at 66,003,536 ALGO, translating to a volume-to-market cap ratio of 5.32%. This suggests moderate trading interest, although the current price is still significantly below its all-time high of $3.56 reached on June 20, 2019.
Technical indicators reveal mixed signals; the 1-hour RSI is at 36, indicating that ALGO is approaching oversold conditions, while the 7-day RSI at 44 suggests some downward momentum. Moving averages show a bearish trend in short-term SMAs (8, 13, and 21), while the 55 SMA indicates a slight bullish divergence, reflecting a potential support level around $0.1386.
Over the last week, ALGO has declined by approximately 12.11%, with a more substantial drop of 24.70% over the past two weeks. The 30-day price change also supports a bearish outlook, with a decline of about 22.97%, highlighting ongoing selling pressure.
In summary, while the recent price uptick and the support from the 55 SMA may provide short-term relief, the overall trend remains bearish, supported by declining RSI levels and significant downward price changes over the past month. Given the current market conditions and the technical indicators, a Hold rating is appropriate for ALGO, as it may experience further consolidation or correction before a stronger bullish reversal can be confirmed.
The volume stands at 66,003,536 ALGO, translating to a volume-to-market cap ratio of 5.32%. This suggests moderate trading interest, although the current price is still significantly below its all-time high of $3.56 reached on June 20, 2019.
Technical indicators reveal mixed signals; the 1-hour RSI is at 36, indicating that ALGO is approaching oversold conditions, while the 7-day RSI at 44 suggests some downward momentum. Moving averages show a bearish trend in short-term SMAs (8, 13, and 21), while the 55 SMA indicates a slight bullish divergence, reflecting a potential support level around $0.1386.
Over the last week, ALGO has declined by approximately 12.11%, with a more substantial drop of 24.70% over the past two weeks. The 30-day price change also supports a bearish outlook, with a decline of about 22.97%, highlighting ongoing selling pressure.
In summary, while the recent price uptick and the support from the 55 SMA may provide short-term relief, the overall trend remains bearish, supported by declining RSI levels and significant downward price changes over the past month. Given the current market conditions and the technical indicators, a Hold rating is appropriate for ALGO, as it may experience further consolidation or correction before a stronger bullish reversal can be confirmed.
Updated 336 minutes ago.
Algorand Relative Price at Market Cap of:
Algorand TradingView Chart
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