Algorand ALGO
Current Price
$0.1276 -7.25%
$0.0104 Daily Range (8.13%)
$0.1276$0.1380
$37.49M Daily Volume
393 BTC
Vol/MktCap: 3.32%
Market Performance
0.06% Relative BTC Volume
The total volume of Algorand is $37.49M over the past 24 hours, compared to $63.43B total Bitcoin volume.
Hourly Moving Average
8 SMA $0.1334 -4.37%
13 SMA $0.1335 -4.43%
21 SMA $0.1344 -5.07%
55 SMA $0.1361 -6.29%
144 SMA $0.1339 -4.76%
Price Performance
-3.40% 1 Hour Change
$0.1276 from $0.1321
-5.74% 7 Day Change
-$0.0073 from $0.1349
+8.41% 14 Day Change
$0.0107 from $0.1168
+9.14% 30 Day Change
$0.0117 from $0.1159
All Time High
June 20, 2019
$3.56 -96.41%
-$3.43 vs. now
24H Change
-88.12M USD -7.24%
-924 BTC
Volume and Supply
Total Supply: 8.85B ALGO 
8.85B 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
443.13 x BTC Supply443:1 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
282.36M ALGO
traded over past 24 hours
3.19% 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 $0.128356, reflecting a significant decline of 5.76% over the past 24 hours. The trading range has been tight, with a daily high of $0.137966 and a low of $0.128406, indicating limited volatility amidst the downturn.
Volume stands at approximately 38.3 million, with a volume-to-market cap ratio of 3.37%, suggesting moderate trading activity. The short-term moving averages (8 SMA and 13 SMA) show negative trends, both down over 3.7%, indicating bearish momentum in the market.
The 1-hour Relative Strength Index (RSI) is at 34, approaching the oversold threshold, which could imply a potential reversal if buying interest returns. Conversely, the 7-day RSI at 47 suggests that the asset is still in a neutral zone, with limited bullish sentiment in the short term.
From a broader perspective, ALGO's price has decreased by approximately 4.69% over the past week, but it has managed a gain of 10.26% over the last 14 days and 9.81% over the past month, indicating some recovery potential. The all-time high of $3.56, established in June 2019, highlights significant long-term upside potential, although current market conditions are far from those levels.
Given the current price action, bearish momentum indicated by moving averages, and low RSI levels, a cautious approach is warranted. Therefore, the recommendation is to Hold at this time, as the asset may stabilize before presenting a clearer opportunity for entry or exit.
Volume stands at approximately 38.3 million, with a volume-to-market cap ratio of 3.37%, suggesting moderate trading activity. The short-term moving averages (8 SMA and 13 SMA) show negative trends, both down over 3.7%, indicating bearish momentum in the market.
The 1-hour Relative Strength Index (RSI) is at 34, approaching the oversold threshold, which could imply a potential reversal if buying interest returns. Conversely, the 7-day RSI at 47 suggests that the asset is still in a neutral zone, with limited bullish sentiment in the short term.
From a broader perspective, ALGO's price has decreased by approximately 4.69% over the past week, but it has managed a gain of 10.26% over the last 14 days and 9.81% over the past month, indicating some recovery potential. The all-time high of $3.56, established in June 2019, highlights significant long-term upside potential, although current market conditions are far from those levels.
Given the current price action, bearish momentum indicated by moving averages, and low RSI levels, a cautious approach is warranted. Therefore, the recommendation is to Hold at this time, as the asset may stabilize before presenting a clearer opportunity for entry or exit.
Updated 47 minutes ago.
Algorand Relative Price at Market Cap of:
Algorand TradingView Chart
In The News

Ethereum Forms History By Onboarding 447,000 New Holders As Price Breaks Out
Ethereum has entered a pivotal phase after breaking out of a bullish pattern that constrained price action for nearly two months.

Why is Bitcoin’s price up today? Short squeeze, ETF flows & more
Here's the last hurdle blocking BTC from going back to full bull run...

Xunlei sues former CEO Chen Lei for alleged embezzlement of up to $28.6 million
Chinese technology company Xunlei has filed a lawsuit against its former chief executive officer, Chen Lei, and his core team, seeking damages of up to RMB 200 million, which is…

Elon Musk's X Bans Access to ‘InfoFi’ Crypto Projects Amid ‘AI Slop’ Backlash
X is making major changes to its API to prevent access by "InfoFi" crypto projects that seek to incentivize "reply spam," an exec said.