Image of ALGO
ALGOAlgorand
$0.1256
-4.55%
1D

Algorand Analysis

Investment Score
A quick view into Algorand's investment prospects.
7.9

The asset still looks technically supportive, with multiple signals continuing to back the setup.

What is helping
  • MACD is confirming the current directional bias.
  • The current level still offers a favorable reward-to-risk profile.
Main risks
  • ATR percentile is elevated, which signals a noisier market and a higher chance of sharp swings.
  • Price is trading below the Hull Moving Average (9), which points to weakening short-term momentum.
Market State Summary
Current regime
Bull Volatile
Confidence: 74%
Why this state?
  • ALGO is above SMA50
  • SMA50 is below SMA200
  • SMA50 slope is positive over the last 10 days
  • 30-day return is positive
  • ATR volatility is above the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bull Volatile regime, the best-fit approach is Follow the trend, but tighten risk control. The broader trend is still bullish, but price swings are wider and less forgiving, so the upside bias remains intact while execution and risk control need to be tighter.

Trend
Bullish
ALGO is trading above key moving averages and the medium-term trend is still rising.
Momentum
Neutral
RSI is 65.51, which is neither overbought nor oversold.
Volatility
Volatile
ALGO ATR volatility is above the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.1603 - $0.1827
Active zone
$0.07086 - $0.1541
Support zone
$0.1119 - $0.1242
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bullish
ATR%
Volatile
Volume
High
Support & Resistance

Algorand support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.

Support zone
$0.1119 - $0.1242
Resistance zone
$0.1603 - $0.1827
Active zone
$0.07086 - $0.1541
Levels Table
LevelZoneStrength
Support 1$0.1119 - $0.1242
Resistance 1$0.1603 - $0.1827
Resistance 2$0.1859 - $0.2020
Resistance 3$0.2037 - $0.2402
Resistance 4$0.2510 - $0.2640
Active 1$0.07086 - $0.1541
Scenario Analysis
Bullish scenario

ALGO clears the resistance zone at $0.1603 - $0.1827 and holds above it. That would strengthen the breakout case and shift attention to $0.1859 - $0.2020.

Bearish scenario

ALGO loses the support zone at $0.1119 - $0.1242. That would weaken the setup and open the way toward $0.1119 - $0.1242.

Neutral scenario

ALGO continues trading between $0.1242 and $0.1603. In that case, range-trading conditions remain active.

Technical Indicators

Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.

IndicatorValueSignalInterpretation
SMA50
$0.09391
Bullish
ALGO is trading above the 50-day average.
SMA200
$0.09640
Bullish
ALGO remains above the long-term trend line.
EMA50
$0.09852
Bullish
ALGO is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.1008
Bullish
ALGO is above the 200-day exponential average, which keeps the longer-term structure constructive.
RSI (14)
65.51
Neutral
RSI (14) is at 65.51, which keeps momentum in a balanced range.
Stoch RSI (14)
60.90
Neutral
Stoch RSI (14) is at 60.90, which suggests momentum is active but not yet extreme.
MACD
0.008851
Bullish
MACD is above its signal line.
ATR
7.62%
Volatile
Volatility is above its 180-day median.
VWMA
$0.1116
Bullish
Price is above the volume-weighted average.
Commodity Channel Index (20)
147.84
Bullish
CCI (20) is strong at 147.84, which shows price is trading well above its recent average.
Awesome Oscillator (5, 34)
$0.02258
Bullish
Awesome Oscillator is above zero at $0.02258, which supports bullish momentum.
Williams Percent Range (14)
-27.89
Neutral
Williams Percent Range (14) is at -27.89, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$0.01785
Bullish
Bull Bear Power (13) is positive at $0.01785, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
57.62
Neutral
Ultimate Oscillator is at 57.62, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.1290
Bearish
ALGO is trading below the Hull Moving Average (9), which weakens the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.1120
Bullish
ALGO is trading above the Ichimoku base line, which supports bullish structure.
Assets Similar to Algorand

Over the past 7 days, Algorand price was most positively correlated with the price of Chainlink (LINK), Hedera Hashgraph (HBAR), Monad (MON), JUST (JST) and XDC Network (XDC) and most negatively correlated with the price of Bitcoin Cash (BCH), Hyperliquid (HYPE), Bitcoin SV (BSV), Venice Token (VVV) and Nexo (NEXO).

Positively Correlated Currencies
NameCorrelation
Image of ChainlinkChainlink0.917
Image of Hedera HashgraphHedera Hashgraph0.913
Image of MonadMonad0.889
Image of JUSTJUST0.877
Image of XDC NetworkXDC Network0.857
Negatively Correlated Currencies
NameCorrelation
Image of Bitcoin CashBitcoin Cash-0.810
Image of HyperliquidHyperliquid-0.767
Image of Bitcoin SVBitcoin SV-0.762
Image of Venice TokenVenice Token-0.746
Image of NexoNexo-0.659

Algorand price is negatively correlated with the top 10 coins by market cap with a price of -0.006, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.147. Currencies that are positively correlated with Algorand indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Algorand, a move in one direction for Algorand would translate into a move in the opposite direction for the negatively correlated coin.

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