Algorand (ALGO)
Current Price: $0.2306
24h Change: +4.38%
Daily Trading Range: $0.2163 – $0.2348
24h Trading Volume: ~$88.5 million
Market Capitalization: ~$1.98 billion
Market Overview
Algorand shows a notable 4.38% increase, trading between $0.2163 and $0.2348. With a 24-hour trading volume of $88.5 million, Algorand is attracting solid market attention.
Technical Analysis
RSI (14): 60 – Light bullish market.
MACD: The MACD line is above the signal line, indicating a positive trend.
Support Level: $0.2163
Resistance Level: $0.2348
🔮 Price Prediction for April 29, 2025
Bullish Scenario: Algorand may reach $0.24 if it maintains support at $0.2163 and experiences additional inflows.
Bearish Scenario: A drop below $0.2163 could see Algorand move to around $0.21.