Algorand Price Prediction

If you are searching for Algorand market forecast, analysis or price prediction, you probably want to know where the price of Algorand (ALGO) may go in the future. Our price predictions use various machine based algorithms to try and predict future price movements. This price prediction is aimed at answering most of your questions. Will Algorand (ALGO) reclaim its ATH (all-time high)? What will Algorand be worth next month? Is now the right time to buy Algorand? Is Algorand currently showing bullish or bearish signs? In this Algorand price prediction forecast, we will process various ALGO technical indicators to predict the price of Algorand.

ALGO Price (USD)

$0.34498

0.30% in the last hour

Current ALGO Sentiment

Bearish26

Lowest Price Algorand Can Go Today

$0.298976

Support Level

Highest Price Algorand Can Reach Today

$0.395722

Resistance Level

Algorand Price Prediction

Algorand (ALGO) Overview

🪙 Coin Name Algorand
💱 Symbol ALGO
🏆 Rank 29
💲 Price (USD) $0.34498
📉 Price Change (1h) 0.30%
📈 Price Change (24h) 2.22%
💵 Market Cap $2,391,113,455
🚀 24h Volume $197,469,623
💸 Circulating Supply 6,931,159,037
💰 Total Supply 7,161,973,551

Algorand (ALGO) 7 Day Forecast

Over the last 7 days, Algorand has been showing bearish signs as the coin dropped 7.99%. 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.

Algorand (ALGO) Historical Price & Market Analysis

The current price of Algorand is $0.34498 and it is currently ranked #29 out of all cryptocurrencies. The amount of supply currently in circulation for Algorand is 6,931,159,037 with a total market capitalization of $2,391,113,455.

In the past 24 hours, the price of Algorand has increased by 2.22%. Algorand has experienced a hard time gaining momentum over the past 7 days, down 7.99%. 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 increased by 15.34%, adding $0.045882 to its previous value of $0.299099 and pushing the market capitalization to $2,391,113,455. If you are thinking of buying Algorand today, you should wait until another bear market to invest in ALGO. Algorand price has increased by 14.51% in the past 90 days, adding $0.043714 to its previous value of $0.301267.

Algorand (ALGO) Technical Indicators

Below you can find some of the technical indicators that we use to predict future price movements of Algorand, some of these include the relative strength index (RSI), moving average convergence divergence (MACD), average true range (ATR) and bollinger bands.

Indicator 5 minutes 15 minutes 30 minutes 1 hour 2 hours 4 hours 24 hours
RSI 52.04 48.42 45.44 46.48 47.00 41.33 53.13
MACD 0.000235 -0.000922435 -0.00138151 -0.000868674 -0.00321443 -0.00607477 0.011867
MACD Signal 0.000302 -0.00137306 -0.00115069 -0.000219776 -0.00412803 -0.00529958 0.01094
MACD Histogram -0.0000675532 0.000451 -0.000230815 -0.000648899 0.000914 -0.000775186 0.000927
ATR 0.002816 0.003758 0.005421 0.008663 0.012535 0.018085 0.048373
Bollinger (Lower) $0.343665 $0.340975 $0.337243 $0.338413 $0.333595 $0.332481 $0.274888
Bollinger (Middle) $0.345085 $0.343942 $0.347954 $0.34904 $0.345655 $0.355399 $0.334886
Bollinger (Upper) $0.346505 $0.346909 $0.358665 $0.359666 $0.357714 $0.378317 $0.394884

Algorand (ALGO) Price Predictions 2022 - 2030

Our Algorand market forecasts are determined using various machine based algorithms which analyze various technical indicators such as the relative strength index (RSI), moving average convergence divergence (MACD), moving average (MA), average true range (ATR) and bollinger bands (BB).

Year Minimum Price Average Price Maximum Price
2022 $0.413976 $0.51747 $0.620965
2023 $0.758957 $0.862451 $0.965945
2024 $1.10 $1.21 $1.31
2025 $1.45 $1.55 $1.66
2026 $1.79 $1.90 $2.00
2027 $2.14 $2.24 $2.35
2028 $2.48 $2.59 $2.69
2029 $2.83 $2.93 $3.04
2030 $3.17 $3.28 $3.38

Algorand (ALGO) Price Prediction / Market Forecast

The crypto market is known to be highly volatile, predicting future price points of Algorand is a difficult task and many other factors influence the price. As a result, the predictions on our website should not be taken as financial advice and you should do your own research. Consult your financial advisor before making any investment decisions.

Algorand (ALGO) Price Prediction 2022

As we recover from the crypto winter, we are expecting that Algorand will achieve a maximum price of $0.620965 as the market starts to recover. The minimum expected price is $0.413976 and the average price will hover around $0.51747. Read More

Algorand (ALGO) Price Prediction 2023

As Algorand continues to reach new highs, our algorithm expects that in 2023, Algorand can achieve a maximum price of $0.965945 while the average price for the year will stay around $0.862451. If a bear market appears, the minimum price ALGO can reach in 2023 is $0.758957. Read More

Algorand (ALGO) Price Prediction 2024

In 2024, we expect Algorand to see impressive growth as crypto gains recognition across many business sectors. As a result, the price could reach as high as $1.31, averaging around $1.21. Algorand could see a minimum price of $1.10. Read More

Algorand (ALGO) Price Prediction 2025

With the continued growth of capital in the crypto market, Algorand could reach a maximum price of $1.66 in 2025 with an average price of $1.55. If a sell-off occurs, the minimum price expected in our prediction sits at $1.45. Read More

Algorand (ALGO) Price Prediction 2026

Considering the adoption of ALGO by countries around the world, Algorand can claim a maximum price of $2.00 by 2026 with an average price of $1.90 expected. Furthermore, the minimum price for the same year could see $1.79. Read More

Algorand (ALGO) Price Prediction 2027

In the year 2027, Algorand adoption will continue to rise, with regulators starting to accept that crypto is here to stay. Investors could see ALGO reaching a maximum price of $2.35 by 2027 followed by a minimum price of $2.14. The average price for 2027 is expected to be $2.24. Read More

Algorand (ALGO) Price Prediction 2028

In 2028, due to the growth over the last 5 years, we will see another major bull, which means that Algorand investors may see ALGO achieve a maximum price of $2.69 followed by an average price of $2.59. The minimum price derived from our technical analysis is $2.48. Read More

Algorand (ALGO) Price Prediction 2029

For the year 2029, ALGO is expected to continue to rally towards $3.04 based on market sentiment. Failing to gain this support could see Algorand average around $2.93 and bottom out $2.83. Read More

Algorand (ALGO) Price Prediction 2030

This year will be one to remember for Algorand, in 2030 we expect that ALGO will reach a new ATH of $3.38, the new minimum price of Algorand could be $3.17. The worst case scenario is that ALGO ends 2030 at $3.28. Read More

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Algorand Price Prediction FAQs

What is the Algorand (ALGO) price today?

Today, Algorand (ALGO) is currently trading at $0.34498 with a total market cap of $2,391,113,455.

What is the price prediction for Algorand in 2022?

The price of Algorand is expected to reach a maximum price of $0.620965 in 2022.

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.

How high can Algorand go?

The average price of Algorand could exceed $0.51747 this year. Within the next 5 years, the price of ALGO is expected to rise above $2.35.

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 $3.38.

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