Algorand Price Prediction
  • The current price of ALGO is $0.18546, down $0.004483 (2.36%) 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 26/100.
  • The bullish Algorand price prediction for the end of 2023 is $0.333828.
  • The price of Algorand has decreased by 1.71% 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 $0.704749 over the next few years.

Algorand investors have experienced returns of over 2.31% 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 $0.222552 $0.27819 $0.333828
2024 $0.408012 $0.463651 $0.519289
2025 $0.593473 $0.649111 $0.704749
2026 $0.778933 $0.834571 $0.890209
2027 $0.964393 $1.02 $1.08
2028 $1.15 $1.21 $1.26
2029 $1.34 $1.39 $1.45
2030 $1.52 $1.58 $1.63
2031 $1.71 $1.76 $1.82

According to our Algorand price prediction, the price of ALGO is predicted to drop by $0.005007 over the next 7 days, reaching $0.180453 by May 29, 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 $0.18546
24 hour Price Change 1.71%
Market Capitalization $1,518,469,928

The current price of Algorand is $0.18546 and it is currently ranked #64 out of all cryptocurrencies. The amount of supply currently in circulation for Algorand is 8,160,212,769 with a total market capitalization of $1,518,469,928.

In the past 24 hours, the price of Algorand has decreased by 1.71%. Algorand has grown at a steady pace over the last 7 days, gaining 2.31%. 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 dropped by 4.19%, reducing its previous value of $0.193571 by $0.008111. This current downtrend means that Algorand is in dip right now. The price of Algorand has dropped by 2.36% in the last 3 months, eliminating $0.004483 from its previous value of $0.189943.

Algorand Price Prediction

Algorand Price Prediction FAQs

What is the Algorand (ALGO) price today?

Today, Algorand (ALGO) is currently trading at $0.18546 with a total market cap of $1,518,469,928.

What is the price prediction for Algorand in 2023?

The price of Algorand is expected to reach a maximum price of $0.333828 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 $0.27819 this year. Within the next 5 years, the price of ALGO is expected to rise above $1.26.

How much will Algorand cost in 2025?

By 2025, our price prediction forecasts that Algorand (ALGO) could be worth $0.890209.

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 $1.82.

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.