Algorand (ALGO) Price, Chart, Market Data & Insights

As of April 30, 2025, Algorand (ALGO) is trading at approximately $0.219 USD, reflecting a -4.14% decrease from the previous close.

$0.219

-$0.01 (-4.14%)

Current Price	24h Price Change	7-Day Avg Price	Support Level	Next Resistance
$0.219 USD	-4.14%	$0.225 USD	$0.104 USD	$0.552 USD

📈 Technical Analysis Summary

Price Movement: The -4.14% decrease indicates Bearish pressure; potential uncertainty or profit-taking.
7-Day Average Comparison: Trading below the 7-day average ($0.225 USD); weak or consolidating trend; watch for support breakdown.
Support and Resistance Levels: Price is above support ($0.104 USD); confirms bullish base. Room for growth before hitting resistance ($0.552 USD).
RSI Analysis: RSI at 58.25 indicates Neutral zone; balanced market.
MACD Analysis: Flat MACD (+0.00); no strong directional bias.

📊 Market Sentiment

Indicator	Value	Interpretation
RSI	58.25%	Neutral; neither overbought nor oversold
MACD	+0.00	Bullish; suggests upward momentum
Above 7-Day Avg?	No	Indicates bearish pressure or cooling off
Above Support?	Yes	Suggests price stability above support.

Algorand (ALGO) Price Prediction Preview

Forecast Range	Prediction Trend
Daily	📈 Bullish — Bitcoin is expected to maintain upward momentum short-term
Weekly	🔻 Weak — Risk of short-term pullback if support breaks
Monthly	⚠️ Watch volume — Potential trend exhaustion in ALGOUSD
Yearly	N/A

Latest News in ALGO

NewsLatest News

Altcoin Momentum Builds as Algorand and Bitcoin Cash Break Key Resistance Levels

Altcoins seem ready to heat back up after a brief cool-off over the weekend. Two altcoins that gained in value at the start of the week and warrant tracking this week are Algorand (ALGO) and Bitcoin Cash (BCH). Both secured a bullish 4% rally and now stabilized at key levels. Breaking channel structures and supporting … Read more