Algorand Consolidation "Pointing" To An End??Here we can see COINBASE:ALGOUSD is about finished forming a Continuation Pattern, the Bullish Wedge!
Price has made an impressive .50 increase since Trump taking office but has slipped into quite a steep Consolidation Phase where Price has made run for the 88.6% Retracement and seems to be filli
Key stats
About Algorand
Often seen as a dark horse of the crypto world, Algorand is a proof-of-stake blockchain launched in 2019. Its founder Silvio Micali, a professor at MIT, has Algorand tackle the ‘blockchain trilemma’ — the hypothesis that blockchains can only offer two out of three key properties — a. decentralization, b. scalability, and c. security. Algorand’s system allows ALGO holders to participate in block production, offering low costs and high throughputs. This makes it well-suited to DeFi and content creators. From being a highly eco-friendly chain to becoming an official sponsor of the 2022 FIFA world cup, Algorand already has its fingers in many zeitgeisty pies.
ALGO Ready to Break Out—or Fake Out? Watch This Critical ZoneYello, Paradisers! have you been watching #ALGOUSD’s recent moves closely—or are you about to miss the bounce that could catch 90% of traders off guard?
💎After topping out in December 2024, ALGO entered a clear corrective phase. That correction just completed an ABC zigzag pattern right into a stro
Algo is finishing its Bull flag and price could reverse soonAfter nice movement in december Algo formed massive bull flag pattern and looks like price is reversing.
RSI formed double top and dropped to 30 where it found support. RSI has started to move up, creating higher lows.
StochRSI is moving up - momemtum is building up.
Targets for next leg up are be
ALGO/USD Strong Support📊 Technical Analysis Overview:
✅ Price Action & Candles:
The latest Heikin Ashi candle is a strong green, signaling early bullish momentum.
Current price is around $0.214, showing a clear bounce from the recent low at $0.175.
Potential double bottom pattern forming, which is typically bullish if c
ALGO (Algorand) Altcoin Analysis. One More High in this Cycle?ALGO: The price is currently testing the 61.8% retracement level, which is the last relevant support level for wave 4 in the white scenario. While the idea of a fourth wave pullback will not be invalidated below this level, other interpretations will become more likely. The orange scenario allows fo
ALGO to provide us with some GAINS as well?Hi guys,
Again as seen on the chart and historic price action or ALGO we can clearly see the PAIN points of where price is reacting and providing opportunities.
If we manage to break this trendline my first BUYS will begin at $0.16.
Risk here is holding drawdown of around -26% if pri
Will ALGORAND'S 'anti Trump' management team kill the project?ALGORAND has some serious potential in regard to its technology and its use case, but it’s well known that the people behind ALGO are publicly—and unfortunately loudly—against Trump and his agenda to 'Make America Great Again' and to make 'America the crypto capital of the world.'
I like ALGORAND's
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of Algorand (ALGO) is 0.1893 USD — it has risen 5.03% in the past 24 hours. Try placing this info into the context by checking out what coins are also gaining and losing at the moment and seeing ALGO price chart.
The current market capitalization of Algorand (ALGO) is 1.62 B USD. To see this number in a context check out our list of crypto coins ranked by their market caps or see crypto market cap charts.
Algorand (ALGO) trading volume in 24 hours is 124.03 M USD. See how often other coins are traded in this list.
Algorand price has risen by 18.36% over the last week, its month performance shows a −3.22% decrease, and as for the last year, Algorand has increased by 5.74%. See more dynamics on ALGO price chart.
Keep track of coins' changes with our Crypto Coins Heatmap.
Keep track of coins' changes with our Crypto Coins Heatmap.
Algorand (ALGO) reached its highest price on Jun 21, 2019 — it amounted to 3.2787 USD. Find more insights on the ALGO price chart.
See the list of crypto gainers and choose what best fits your strategy.
See the list of crypto gainers and choose what best fits your strategy.
Algorand (ALGO) reached the lowest price of 0.0873 USD on Aug 17, 2023. View more Algorand dynamics on the price chart.
See the list of crypto losers to find unexpected opportunities.
See the list of crypto losers to find unexpected opportunities.
The current circulating supply of Algorand (ALGO) is 10.00 B USD. To get a wider picture you can check out our list of coins with the highest circulating supply, as well as the ones with the lowest number of tokens in circulation.
Algorand has the limit of 10.00 B coins. No matter how the currency evolves, no new coins will be released after this number is reached.
The safest choice when buying ALGO is to go to a well-known crypto exchange. Some of the popular names are Binance, Coinbase, Kraken. But you'll have to find a reliable broker and create an account first. You can trade ALGO right from TradingView charts — just choose a broker and connect to your account.
Crypto markets are famous for their volatility, so one should study all the available stats before adding crypto assets to their portfolio. Very often it's technical analysis that comes in handy. We prepared technical ratings for Algorand (ALGO): today its technical analysis shows the neutral signal, and according to the 1 week rating ALGO shows the sell signal. And you'd better dig deeper and study 1 month rating too — it's sell. Find inspiration in Algorand trading ideas and keep track of what's moving crypto markets with our crypto news feed.
Algorand (ALGO) is just as reliable as any other crypto asset — this corner of the world market is highly volatile. Today, for instance, Algorand is estimated as 6.13% volatile. The only thing it means is that you must prepare and examine all available information before making a decision. And if you're not sure about Algorand, you can find more inspiration in our curated watchlists.
You can discuss Algorand (ALGO) with other users in our public chats, Minds or in the comments to Ideas.