#CryptoMarket Analysis of Algorand prices today (December 28, 2024)

The current price of Algorand ($ALGO ) is $0.3418, the price has increased by +1.95% in the last 24 hours. Currently, ALGO is available on 49 exchanges, and in the last 24 hours, 285,936,009 ALGO coins have been exchanged, totaling $97,736,852 in trading volume. $BTC $SOL

Today, Algorand (ALGO) opened at $0.3339. It has risen by 2.36% from the opening price. After dropping to $0.3286, it is trying to move higher. From the maximum price in the last 30 and 7 days, its value has decreased by -43.32% and -17.18%, while from the minimum recorded price for the same period, it has increased by 20.67% and 7.59%.

According to our analysis, ALGO needs to remain above $0.2799 to potentially move towards the first significant resistance level at $0.3632. A breakout above $0.3632 could lead to an increase of ALGO to the next resistance level at $0.4212. The third resistance is at $0.4768.

If the price drops, the first support level to watch is $0.2799. If this level does not hold, further decline may occur to the next support level at $0.2266. #BtcNewHolder #2024To2025 #Altcoinseason2024 #ALGO/BTC