Image of ALGT
ALGTAlgoTrade
$0.0002673
0.00%
1D

AlgoTrade Analysis

Investment Score
A quick view into AlgoTrade's investment prospects.
6.7

The setup has a mild positive bias, but the reward-to-risk is not clean enough to be aggressive.

What is helping
  • Price is trading above the Ichimoku base line, which keeps the broader structure supportive.
  • Volatility is relatively contained right now, which supports a cleaner trading environment.
Main risks
  • Price is too close to resistance relative to nearby support.
  • Price is trading below the volume-weighted average, which suggests the move is losing volume-backed support.
Market State Summary
Current regime
Bull Quiet
Confidence: 67%
Why this state?
  • ALGT is above SMA50
  • SMA50 is below SMA200
  • SMA50 slope is positive over the last 10 days
  • 30-day return is positive
  • ATR volatility is below the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bull Quiet regime, the best-fit approach is Trend following / buy dips. Trend conditions are constructive and volatility is contained, which usually favors following the move higher and looking for pullbacks instead of fading strength.

Trend
Bullish
ALGT is trading above key moving averages and the medium-term trend is still rising.
Momentum
Neutral
RSI is 60.64, which is neither overbought nor oversold.
Volatility
Quiet
ALGT ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.0002811 - $0.0002921
Support zone
$0.0002224 - $0.0002410
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bearish
ATR%
Quiet
Volume
Low
Support & Resistance

AlgoTrade 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
$0.0002224 - $0.0002410
Resistance zone
$0.0002811 - $0.0002921
Active zone
--
Levels Table
LevelZoneStrength
Support 1$0.0002224 - $0.0002410
Resistance 1$0.0002811 - $0.0002921
Resistance 2$0.0002976 - $0.0003065
Resistance 3$0.0003188 - $0.0003288
Resistance 4$0.0003295 - $0.0003355
Scenario Analysis
Bullish scenario

ALGT clears the resistance zone at $0.0002811 - $0.0002921 and holds above it. That would strengthen the breakout case and shift attention to $0.0002976 - $0.0003065.

Bearish scenario

ALGT loses the support zone at $0.0002224 - $0.0002410. That would weaken the setup and open the way toward $0.0002224 - $0.0002410.

Neutral scenario

ALGT continues trading between $0.0002410 and $0.0002811. 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
$0.0002422
Bullish
ALGT is trading above the 50-day average.
SMA200
$0.0003202
Bearish
ALGT remains below the long-term trend line.
EMA50
$0.0002561
Bullish
ALGT is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.0005051
Bearish
ALGT is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
60.64
Neutral
RSI (14) is at 60.64, which keeps momentum in a balanced range.
Stoch RSI (14)
41.37
Neutral
Stoch RSI (14) is at 41.37, which suggests momentum is active but not yet extreme.
MACD
0.00001023
Bearish
MACD is below its signal line.
ATR
2.24%
Quiet
Volatility is below its 180-day median.
VWMA
$0.0002791
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
23.18
Neutral
CCI (20) is at 23.18, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$0.00002720
Bullish
Awesome Oscillator is above zero at $0.00002720, which supports bullish momentum.
Williams Percent Range (14)
-29.26
Neutral
Williams Percent Range (14) is at -29.26, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$-0.000001429
Bearish
Bull Bear Power (13) is negative at $-0.000001429, which suggests sellers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
38.23
Neutral
Ultimate Oscillator is at 38.23, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.0002689
Bearish
ALGT is trading below the Hull Moving Average (9), which weakens the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.0002540
Bullish
ALGT is trading above the Ichimoku base line, which supports bullish structure.
Assets Similar to AlgoTrade

Over the past 7 days, AlgoTrade price was most positively correlated with the price of Gnosis (GNO), Pudgy Penguins (PENGU), Bittensor (TAO), Pepe Coin (PEPE) and Aerodrome Finance (AERO) and most negatively correlated with the price of Pyth Network (PYTH), Trust Wallet Token (TWT), Uniswap (UNI), JUST (JST) and Arbitrum (ARB).

Positively Correlated Currencies
NameCorrelation
Image of GnosisGnosis0.914
Image of Pudgy PenguinsPudgy Penguins0.853
Image of BittensorBittensor0.843
Image of Pepe CoinPepe Coin0.836
Image of Aerodrome FinanceAerodrome Finance0.823
Negatively Correlated Currencies
NameCorrelation
Image of Pyth NetworkPyth Network-0.736
Image of Trust Wallet TokenTrust Wallet Token-0.734
Image of UniswapUniswap-0.721
Image of JUSTJUST-0.717
Image of ArbitrumArbitrum-0.688

AlgoTrade price is positively correlated with the top 10 coins by market cap with a price of 0.152, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.273. Currencies that are positively correlated with AlgoTrade 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 AlgoTrade, a move in one direction for AlgoTrade would translate into a move in the opposite direction for the negatively correlated coin.

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