The current price of $ALGO /USDT is $0.1974, reflecting a decrease of 2.18% over the last 24 hours. The highest price during this period was $0.2053, while the lowest was $0.1948. $ALGO
In the recent trading, the price has shown some volatility, with a notable decline from a peak of $0.2389. This indicates a bearish trend in the short term.
Summary of recent performance:
Today: -1.84%
7 Days: -13.73%
30 Days: +7.93%
90 Days: -34.17%
180 Days: +64.14%
1 Year: +0.10%
Despite the recent downturn, the longer-term performance shows substantial growth over the past 180 days, indicating potential for recovery.
The trading volume for ALGO in the last 24 hours is approximately 27.35 million, while USDT volume stands at about 5.46 million.
Key support levels are identified around $0.1900, and if the price breaks below this level, further declines may be expected. Resistance is noted near $0.2020.
Overall, market sentiment appears to be cautious, and traders should monitor for potential volatility as the price approaches key support levels.
