Algorand (ALGO) Price Predictions
- The current price of ALGO is $0.172008, down $0.015385 (8.21%) compared to 3 months ago.
- Significant growth is forecasted for ALGO over the next 12 months as the market recovers.
- Algorand is currently showing bearish signs with a score of 21/100.
- The bullish Algorand price prediction for the end of 2023 is $0.309615.
- The price of Algorand has decreased by 2.40% in the past 24 hours.
Algorand has experienced significant growth over the past 12 months, recovering from a bear market. Due to this recent growth, Algorand is expected to reach a high of $0.653631 over the next few years.
Over the last 7 days, Algorand has been showing bearish signs as the coin dropped 8.06%. Due to this, we expect a slight recovery within the next week as investors take advantage of this dip as an opportunity to buy ALGO.
| Year | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| 2023 | $0.20641 | $0.258012 | $0.309615 |
| 2024 | $0.378418 | $0.43002 | $0.481623 |
| 2025 | $0.550426 | $0.602029 | $0.653631 |
| 2026 | $0.722434 | $0.774037 | $0.825639 |
| 2027 | $0.894443 | $0.946045 | $0.997647 |
| 2028 | $1.07 | $1.12 | $1.17 |
| 2029 | $1.24 | $1.29 | $1.34 |
| 2030 | $1.41 | $1.46 | $1.51 |
| 2031 | $1.58 | $1.63 | $1.69 |
According to our Algorand price prediction, the price of ALGO is predicted to increase by $0.008772 over the next 7 days, reaching $0.180781 by May 22, 2024.
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Algorand (ALGO) Overview
| Current Price | $0.172008 |
| 24 hour Price Change | 2.40% |
| Market Capitalization | $1,403,055,987 |
The current price of Algorand is $0.172008 and it is currently ranked #59 out of all cryptocurrencies. The amount of supply currently in circulation for Algorand is 8,154,247,877 with a total market capitalization of $1,403,055,987.
In the past 24 hours, the price of Algorand has decreased by 2.40%. Algorand has experienced a hard time gaining momentum over the past 7 days, down 8.06%. ALGO is showing bearish signs this week, now could be a good time to invest if you are thinking of buying Algorand.
Within the last 30 days, the price of ALGO dropped by 7.08%, reducing its previous value of $0.185114 by $0.013106. This current downtrend means that Algorand is in dip right now. The price of Algorand has dropped by 8.21% in the last 3 months, eliminating $0.015385 from its previous value of $0.187393.
Algorand Price Prediction FAQs
What is the Algorand (ALGO) price today?
Today, Algorand (ALGO) is currently trading at $0.172008 with a total market cap of $1,403,055,987.
What is the price prediction for Algorand in 2023?
The price of Algorand is expected to reach a maximum price of $0.309615 in 2023.
Is it a good time to buy Algorand (ALGO)?
Over the last 7 days, Algorand has been showing bearish signs, we expect a slight recovery within the next week as investors take advantage of this dip as a good time to buy ALGO.
Is Algorand (ALGO) a good investment?
Based on the direction Algorand is heading, our technical analysis suggests that this cryptocurrency is currently a good investment.
Is it smart to invest in Algorand (ALGO)?
According to our price prediction, our analysis suggests that Algorand is currently a smart investment.
Does Algorand have a future?
Because Algorand has strong fundamentals and a lot of people are invested in this cryptocurrency, we predict that the future for ALGO looks promising.
How high can Algorand go?
The average price of Algorand could exceed $0.258012 this year. Within the next 5 years, the price of ALGO is expected to rise above $1.17.
How much will Algorand cost in 2025?
By 2025, our price prediction forecasts that Algorand (ALGO) could be worth $0.825639.
How much will Algorand be worth in 2030?
Algorand has amazing potential over the next few years as acceptance for cryptocurrency increases. Our market forecast indicates that by 2030, ALGO could reach a new all-time high of $1.69.
How much money should I invest in Algorand?
There is no specified amount you should invest in Algorand, our best investment advice is to only invest what you can afford to lose.
