Algorand ALGO
Current Price
$0.0873 +1.37%
$0.0057 Daily Range (6.56%)
$0.0820$0.0877
$33.76M Daily Volume
505 BTC
Vol/MktCap: 4.36%
Market Performance
0.08% Relative BTC Volume
The total volume of Algorand is $33.76M over the past 24 hours, compared to $44.66B total Bitcoin volume.
Hourly Moving Average
8 SMA $0.0835 +4.46%
13 SMA $0.0835 +4.51%
21 SMA $0.0846 +3.09%
55 SMA $0.0868 +0.51%
144 SMA $0.0865 +0.87%
Price Performance
+3.35% 1 Hour Change
$0.0873 from $0.0844
-3.39% 7 Day Change
-$0.0030 from $0.0902
-12.76% 14 Day Change
-$0.0111 from $0.0984
-24.03% 30 Day Change
-$0.0210 from $0.1082
All Time High
June 20, 2019
$3.56 -97.56%
-$3.47 vs. now
24H Change
9.44M USD +1.23%
141 BTC
Volume and Supply
Total Supply: 8.89B ALGO 
8.89B 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
444.37 x BTC Supply444:1 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
397.86M ALGO
traded over past 24 hours
4.48% 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 $0.083915, reflecting a 24-hour decline of 2.66%. The daily price range has been tight, with a high of $0.087071 and a low of $0.08199, indicating low volatility in the short term.
Volume over the past 24 hours stands at approximately 30.38 million, representing a volume-to-market cap ratio of 4.07%. The moving averages are trending negatively, with the 8 SMA at $0.0841 showing a decrease of 0.17%, while longer-term averages such as the 144 SMA at $0.0867 are down 3.19%.
The RSI metrics suggest a bearish sentiment, with the 1-hour RSI at 37 indicating oversold conditions, and the 7-day RSI at 48, close to neutral. Price changes over multiple time frames paint a negative picture, with the last 7-day change at -7.68%, the 14-day change at -14.78%, and a significant 30-day decline of 27.84%.
Fundamentally, Algorand remains far from its all-time high of $3.56, reached in June 2019. Given the current market sentiment, negative price momentum, and weak technical indicators, the outlook remains bearish.
Considering the current data, the recommendation is to Hold. This rating is based on the oversold RSI which could suggest potential for a short-term rebound, but the overall trend remains downwards, indicating higher risk for new positions.
Volume over the past 24 hours stands at approximately 30.38 million, representing a volume-to-market cap ratio of 4.07%. The moving averages are trending negatively, with the 8 SMA at $0.0841 showing a decrease of 0.17%, while longer-term averages such as the 144 SMA at $0.0867 are down 3.19%.
The RSI metrics suggest a bearish sentiment, with the 1-hour RSI at 37 indicating oversold conditions, and the 7-day RSI at 48, close to neutral. Price changes over multiple time frames paint a negative picture, with the last 7-day change at -7.68%, the 14-day change at -14.78%, and a significant 30-day decline of 27.84%.
Fundamentally, Algorand remains far from its all-time high of $3.56, reached in June 2019. Given the current market sentiment, negative price momentum, and weak technical indicators, the outlook remains bearish.
Considering the current data, the recommendation is to Hold. This rating is based on the oversold RSI which could suggest potential for a short-term rebound, but the overall trend remains downwards, indicating higher risk for new positions.
Updated 267 minutes ago.
Algorand Relative Price at Market Cap of:
Algorand TradingView Chart
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