Algorand Price Prediction
  • The current price of ALGO is $0.274021, up $0.034492 (14.40%) compared to 3 months ago.
  • Significant growth is forecasted for ALGO over the next 12 months as the market recovers.
  • Algorand is currently showing bullish signs with a score of 78/100.
  • The bullish Algorand price prediction for the end of 2023 is $0.493237.
  • The price of Algorand has decreased by 1.73% 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 $1.04 over the next few years.

Algorand investors have experienced returns of over 9.00% on their investment this past week due to the bullish period ALGO has experienced. After analyzing the technical indicators for ALGO, we expect a slight correction could happen over the next few days.

Year Minimum Price Average Price Maximum Price
2023 $0.328825 $0.411031 $0.493237
2024 $0.602846 $0.685052 $0.767258
2025 $0.876867 $0.959073 $1.04
2026 $1.15 $1.23 $1.32
2027 $1.42 $1.51 $1.59
2028 $1.70 $1.78 $1.86
2029 $1.97 $2.06 $2.14
2030 $2.25 $2.33 $2.41
2031 $2.52 $2.60 $2.69

According to our Algorand price prediction, the price of ALGO is predicted to drop by $0.007399 over the next 7 days, reaching $0.266622 by April 4, 2024.

This graph contains dummy data, create an account to view the real predictions.

This graph contains dummy data, create an account to view the real predictions.

This graph contains dummy data, create an account to view the real predictions.

This graph contains dummy data, create an account to view the real predictions.

Algorand Price Prediction

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Algorand Price Prediction

Algorand (ALGO) Overview

Current Price $0.274021
24 hour Price Change 1.73%
Market Capitalization $2,206,833,905

The current price of Algorand is $0.274021 and it is currently ranked #58 out of all cryptocurrencies. The amount of supply currently in circulation for Algorand is 8,082,364,871 with a total market capitalization of $2,206,833,905.

In the past 24 hours, the price of Algorand has decreased by 1.73%. Algorand has grown at a steady pace over the last 7 days, gaining 9.00%. This increase has Algorand investors excited about the return on investment that they have made this week.

Within the last 30 days, the price of ALGO increased by 33.35%, adding $0.068531 to its previous value of $0.20549 and pushing the market capitalization to $2,206,833,905. If you are thinking of buying Algorand today, you should wait until another bear market to invest in ALGO. Algorand price has increased by 14.40% in the past 90 days, adding $0.034492 to its previous value of $0.239529.

Algorand Price Prediction

Algorand Price Prediction FAQs

What is the Algorand (ALGO) price today?

Today, Algorand (ALGO) is currently trading at $0.274021 with a total market cap of $2,206,833,905.

What is the price prediction for Algorand in 2023?

The price of Algorand is expected to reach a maximum price of $0.493237 in 2023.

Is it a good time to buy Algorand (ALGO)?

After analyzing the technical indicators for Algorand, we expect a slight correction could happen over the next few days and investors should wait 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 $0.411031 this year. Within the next 5 years, the price of ALGO is expected to rise above $1.86.

How much will Algorand cost in 2025?

By 2025, our price prediction forecasts that Algorand (ALGO) could be worth $1.32.

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 $2.69.

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.