Algorand Price Analysis for Today (Nov 29, 2024)

The current price of Algorand ($ALGO ) is $0.3414 , the price has increased by +17.14% in the last 24 hours. ALGO is currently listed on 49 exchanges , and 1,053,491,178 ALGO coins have been traded in the last 24 hours, accounting for $359,697,055 in trading volume. $WLD $FET

Algorand (ALGO) opened at $0.3221 today. This is a 6.00% increase from its opening price. After falling to $0.3192, it is trying to move higher. ALGO has more than 179.68% gain compared to last month's price. From the highest price over the last 30 and 7 days, it has grown by 4.99%, while from the lowest price recorded over the same period, it has grown by 222.42% and 67.50%.

According to our analysis, ALGO needs to remain above $0.2799 to potentially move towards the first major resistance level at $0.3632. A breakout above $0.3632 could lead ALGO to the next resistance level at $0.4212. The third resistance is at $0.5686.

If the price falls, the first support level to watch is $0.2799. If this level fails to hold, further declines to the next support level at $0.2266 are possible.