#ALGO_USDT
Algorand (ALGO) price analysis shows varying trends depending on the source and timeframe. Here's a breakdown of key metrics:
*Current Price:*
- $0.1880 with a 0.96% increase in the last 24 hours and a market capitalization of $1.57 billion
- $0.1883 with a 3.35% increase
- $0.187311 with a 0.10% increase
- $0.180407 with a -5.04% decrease
- $0.178931 with a -7.56% decrease
*Market Metrics:*
- *Market Capitalization:* $1.53 billion to $1.60 billion, ranking #33 to #67 in market capitalization
- *24-Hour Trading Volume:* $64 million to $84.33 million
- *Circulating Supply:* 8.57 billion ALGO coins
- *Maximum Supply:* 10 billion ALGO coins
*Support and Resistance Levels:*
- *24-Hour High:* $0.1858, $0.190944, and $0.195413
- *24-Hour Low:* $0.1773, $0.178158, and $0.185812
- *All-Time High:* $3.28 and $3.56
*Technical Indicators:*
- *Relative Strength Index (RSI):* 33.73, indicating oversold territory and potential for rebound
- *Moving Averages:* 50-day Simple Moving Average at $0.260215 and 200-day Simple Moving Average at $0.253626
*Price Predictions:*
- Potential pump towards $0.21-$0.22, followed by a small correction and another pump leading to a breakout above $0.22 level
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*Market Sentiment:*
- *Fear & Greed Index:* 32, reflecting fear among investors and cautious market sentiment ¹ $ALGO