Algorand bullish Algorand did a fib 61.8% retracement and going for the 0.6$ area which is the fib extension of 1.618.
Key stats
About ALGORAND
Often seen as a dark horse of the crypto world, Algorand is a proof-of-stake blockchain launched in 2019. Its founder Silvio Micali, a professor at MIT, has Algorand tackle the ‘blockchain trilemma’ — the hypothesis that blockchains can only offer two out of three key properties — a. decentralization, b. scalability, and c. security. Algorand’s system allows ALGO holders to participate in block production, offering low costs and high throughputs. This makes it well-suited to DeFi and content creators. From being a highly eco-friendly chain to becoming an official sponsor of the 2022 FIFA world cup, Algorand already has its fingers in many zeitgeisty pies.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of ALGORAND (ALGO) is 0.38541 USDC — it has risen 7.02% in the past 24 hours. Try placing this info into the context by checking out what coins are also gaining and losing at the moment and seeing ALGO price chart.
ALGORAND price has fallen by −2.69% over the last week, its month performance shows a 31.38% increase, and as for the last year, ALGORAND has increased by 61.94%. See more dynamics on ALGO price chart.
Keep track of coins' changes with our Crypto Coins Heatmap.
Keep track of coins' changes with our Crypto Coins Heatmap.
ALGORAND (ALGO) reached its highest price on Aug 8, 2022 — it amounted to 3.00000 USDC. Find more insights on the ALGO price chart.
See the list of crypto gainers and choose what best fits your strategy.
See the list of crypto gainers and choose what best fits your strategy.
ALGORAND (ALGO) reached the lowest price of 0.08010 USDC on Aug 21, 2023. View more ALGORAND dynamics on the price chart.
See the list of crypto losers to find unexpected opportunities.
See the list of crypto losers to find unexpected opportunities.
The safest choice when buying ALGO is to go to a well-known crypto exchange. Some of the popular names are Binance, Coinbase, Kraken. But you'll have to find a reliable broker and create an account first. You can trade ALGO right from TradingView charts — just choose a broker and connect to your account.
Crypto markets are famous for their volatility, so one should study all the available stats before adding crypto assets to their portfolio. Very often it's technical analysis that comes in handy. We prepared technical ratings for ALGORAND (ALGO): today its technical analysis shows the buy signal, and according to the 1 week rating ALGO shows the buy signal. And you'd better dig deeper and study 1 month rating too — it's buy. Find inspiration in ALGORAND trading ideas and keep track of what's moving crypto markets with our crypto news feed.
ALGORAND (ALGO) is just as reliable as any other crypto asset — this corner of the world market is highly volatile. Today, for instance, ALGORAND is estimated as 12.46% volatile. The only thing it means is that you must prepare and examine all available information before making a decision. And if you're not sure about ALGORAND, you can find more inspiration in our curated watchlists.
You can discuss ALGORAND (ALGO) with other users in our public chats, Minds or in the comments to Ideas.