March 27, 2025 ALGO – Algorand Daily Analysis ALGO – Algorand Daily Analysis
ALGO – Algorand Daily Analysis
Outlook
ALGO current price is 0.2125 USDT and the current market cap is 7.432.502 USDT. This chart period started 210 days ago (30 August 2024) with a total of 113 days closing above the opening price and 96 days closing below the opening price. The lowest price was 0.1057 USDT on 03 November 2024, and the highest price was 0.6139 USDT on 03 December 2024. The current price is 101.04% above the lowest price and 65.39% below the highest price.
Moving Average
Moving Averages (Closing Prices):5-Day Moving Average: 0.2052622-Day Moving Average: 0.201131818250-Day Moving Average: 0.236628100-Day Moving Average: 0.305401250-Day Moving Average: 0.2301992500-Day Moving Average: 0.2095312
Moving Average Analysis
The current price is %3.53 higher than the 5-Day moving average and has been above it for 3 days.The current price is %5.65 higher than the 22-Day moving average and has been above it for 4 days.The current price is %10.20 lower than the 50-Day moving average and has been below it for 21 days.The current price is %30.42 lower than the 100-Day moving average and has been below it for 52 days.The current price is %7.69 lower than the 250-Day moving average and has been below it for 20 days.The current price is %1.42 higher than the 500-Day moving average and has been above it for 1 days.
Trends
The longest uptrend in the 210 day period is 7 days. It started at 0.1094 USDT on 04 November 2024 and ended by increasing by 45.70% to 0.1594 USDT on 11 November 2024.The longest downtrend is 5 days. It started at 0.1441 USDT on 27 September 2024 and ended by decreasing -16.03% to 0.121 USDT on 02 October 2024.
Support & Resistance
This review was made for the last 7 daysLast 7 days support levels: Support: 0.1863 USDT on 22-03-2025Last 7 days resistance levels: Resistance: 0.192 USDT on 23-03-2025 Resistance: 0.2076 USDT on 24-03-2025 Resistance: 0.2147 USDT on 25-03-2025 Resistance: 0.2184 USDT on 26-03-2025The lowest support level is 0.1863 USDT on 22-03-2025, and the highest resistance level is 0.2184 USDT on 26-03-2025. The percentage difference between these levels is approximately 17.2%.
Volume
The previous trading day’s volume (26-03-2025) 35,942,974.00 USDT. Highest volume in the last 210 days is 735,360,257.00 USDT on 29-11-2024. Lowest volume in the last 210 days is 13,588,065.00 USDT on 27-03-2025. Difference between highest and lowest volume is 5311.81%.
Volume Moving Averages
( Excluding Today)
5-day Moving Average Volume: 32,329,594.60 USDT22-day Moving Average Volume: 52,982,179.59 USDT50-day Moving Average Volume: 69,634,629.76 USDT100-day Moving Average Volume: 96,576,299.35 USDT250-day Moving Average Volume: 95,705,862.52 USDT
Volume Moving Averages Comparison
Volume of the previous trading day: 35,942,974.00 USDT
Previous day’s volume is 11.18% higher than the 5-day moving average.Previous day’s volume is 32.16% lower than the 22-day moving average.Previous day’s volume is 48.38% lower than the 50-day moving average.Previous day’s volume is 62.78% lower than the 100-day moving average.Previous day’s volume is 62.44% lower than the 250-day moving average.
Percentage Differences Between Moving Averages:
5-day moving average is -38.98% lower than the 22-day moving average.22-day moving average is -23.91% lower than the 50-day moving average.50-day moving average is -27.90% lower than the 100-day moving average.100-day moving average is 0.91% higher than the 250-day moving average.
Volume Trend
The longest consecutive volume increase started on 21-09-2024 with a volume of 18,969,755.00 USDT and ended on 25-09-2024 with a volume of 36,351,028.00 USDT, lasting for 4 days and representing a 91.63% increase.The longest consecutive volume decrease started on 10-03-2025 with a volume of 105,234,015.00 USDT and ended on 15-03-2025 with a volume of 28,618,263.00 USDT, lasting for 5 days and representing a 72.81% decrease.
Price Volume Coorelation
During the longest volume increasing period price increase from 0.1364 USDT to 0.1373 USDT, which represents a 0.66% change.During the longest volume decreasing period price increase from 0.1839 USDT to 0.1998 USDT, which represents a 8.65% change.
Strategy
There is no trend formation at the moment. We should wait until a trend forms.
Legal Disclaimer: This Chart and The Accompanying Analyses Are Not Investment Advice.
