Algorand Price Prediction: 2024, 2025, 2030
Algorand’s price at the same time last week was $0.33. It has moved by -6.33 % in the past week and is currently at $0.33. Infact, in the past 24 hours, ALGO has dumped by -6.71 %. There is a slight bearish sentiment in the crypto market. The long term sentiment, however, remains bullish and ALGO could hit $0.58 in 2025.
The total circulating supply of Algorand as of writing this article was $8335070424.33 and the marketcap of ALGO remains at $2,771,566,184. Algorand price in the longer term is expected to reach a high of $1.87 in 2035.
Disclaimer
For some coins with little to no data points and inexistent historical data the model by default will show a positive price prediction. There is no way for our AI bot to decipher whitepaper, tokenomics and team integrity. The coin's price that you are about to see below can fall drastically depending on many factors, so please invest wisely after checking the team and project's whitepaper. This current price prediction is done by a machine crunching numbers and the model is still in the early beta stages. It should strictly not be taken as an investment advice. Although the best engineers are currently tweaking and updating the algorithm, no human has verified the price predicted below, so please use your discretion and make a decision wisely.
ALGO price prediction: Key highlights
1. Primary support and resistance levels
- An analysis of the weekly chart revealed $0.28 to be the highest resistance
- Meanwhile, $0.08 can likely be the lowest support
2. Market sentiment
- ALGO’s dominant market sentiment is bearish in September 2024.
3. Predictive forecasts
- Our AI/ML predictive algorithms project ALGO’s average price to exceed $0.30 in 2031 and $0.60 by 2034.
Given below is a comprehensive weekly technical analysis of ALGO, followed by the coming days of the month, upcoming months, and yearly forecast tables derived from our AI/ML-based predictive models:
ALGO technical analysis: Market maintains a bearish edge
ALGO's financial trajectory throughout last year was emblematic of a tumultuous period for the cryptocurrency. However, the outlook for the Algorand price prediction in 2024 can go either way.
The analysis commenced with the asset at its lowest support level, $0.09, a critical threshold to forestall further depreciation. A subsequent attempt to flip $0.10 in late September led to a pullback to the yearly low.
The market improved toward the end of October. A strong uptrend flipped significant resistance levels to support and elevated the altcoin to test $0.20 in December. By mid-month, it surged past this resistance. Nonetheless, this peak wasn't sustained, precipitating a regression to $0.15 in late January.
February saw a renewed bullish effort, as consecutive green candles propelled the price to the highest yearly resistance of $0.28 in March. This level was tested several times throughout the month.
Nevertheless, bears clawed the asset back to $0.15 in Q2 2024. Buyers’ attempts to reclaim $0.20 weakened as selling pressure intensified. A series of declines from late May drove the price to $0.11 by July, erasing most of its Q4 2023 gains.
However, the bulls remained resilient and elevated the price over the support-turned-resistance at $0.15 mid-month. This high faltered under profit-taking. Continuous selling drove the asset to the critical $0.10 mark in August.
As the broader market recovered in mid-month, ALGO wasn’t left behind. The price recovery turned $0.11 back to support. As the analysis period concluded, ALGO’s trading price was $0.12.
How high/low can ALGO go in 2024?
AMBCrypto's analysis highlighted a pronounced bearish trend, noting the asset’s struggle to overcome key resistance levels despite a bounce from the $0.1 support level. The price also formed a descending triangle on the daily chart, indicating sustained selling pressure.
While the previous support is crucial, the bulls’ failure to hold it could trigger a decline to the lowest support or even lower to $0.08.
Meanwhile, a bullish reversal would necessitate flipping $0.15. Sustained buying momentum may even result in the asset breaking past $0.20, making the yearly high barrier the next target.
The projected trajectory of ALGO's value suggests a promising yet gradual appreciation over the next decade. By 2031, predictive models estimate that the average trading price of ALGO will be more than $0.30, indicating a steady rise from its current levels. This incremental increase is expected to continue, with the price forecasted to further escalate to $0.60 by 2034.
ALGO's 2024 roadmap: Key indicators to watch and trade
- The trading volume correlated with the price movements. An increase during the rallies validated them. Meanwhile, as the price dropped, investor withdrawal was also evident.
- The Bollinger Bands’ expansion was triggered by the price moving over the 20-week Moving Average (MA) and the frequent crossover with the upper band from late 2023. The dynamics reversed in April as the 20 MA was reinstated as resistance.
- While volatility increased in July, the price’s growing proximity to the MA led to a slight contraction, which pointed to a cooling off of selling pressure.
- The Moving Average Convergence Divergence (MACD) and its signal line turned positive in December and January, respectively. Their ascent was reversed in late March, culminating in a bearish crossover by April.
- Additionally, the MACD line dropped below the zero line in June, followed by the signal line in July. The latest recorded values were the MACD line at -0.0162, the signal line at -0.0150, and the histogram at -0.0013.
Algorand Price Prediction
Algorand has had an eventful 2023. To simplify the latest ALGO price prediction, we have divided up the prediction by short term Algorand price prediction and long term Algorand price prediction. As of writing this article, ALGO had a trading volume of 176,904,673. Algorand has gone up by 13.64% in the past 30 days.
According to our analysis in the short term, Algorand price prediction for February 2025 shows the average price of ALGO at 0.41 and the highest possible price for February 2025 would be $0.44.
Further, according to our analysis in the long term, Algorand price prediction for June 2025 shows the average price of ALGO at 0.44 and the highest possible price for June 2025 would be $0.47.
Algorand's Short Term Price Prediction
| Date | Avg Price | Lowest Price | Highest Price |
| 28 December 2024 | $0.35 | $0.33 | $0.38 |
| 29 December 2024 | $0.35 | $0.33 | $0.38 |
| 30 December 2024 | $0.36 | $0.33 | $0.38 |
| 31 December 2024 | $0.36 | $0.33 | $0.38 |
| 5 January 2025 | $0.37 | $0.34 | $0.39 |
| 10 January 2025 | $0.38 | $0.35 | $0.41 |
| 20 January 2025 | $0.4 | $0.37 | $0.43 |
| February 2025 | $0.41 | $0.38 | $0.44 |
| March 2025 | $0.42 | $0.39 | $0.45 |
| April 2025 | $0.42 | $0.39 | $0.45 |
| May 2025 | $0.43 | $0.4 | $0.46 |
| June 2025 | $0.44 | $0.4 | $0.47 |
| July 2025 | $0.44 | $0.41 | $0.47 |
| August 2025 | $0.45 | $0.42 | $0.48 |
| September 2025 | $0.45 | $0.42 | $0.49 |
| October 2025 | $0.46 | $0.43 | $0.49 |
| November 2025 | $0.47 | $0.43 | $0.5 |
| December 2025 | $0.47 | $0.44 | $0.51 |
Algorand price prediction 28 December 2024: Algorand's price for 28 December 2024 according to our analysis should range between $0.33 to $0.38 and the average price of ALGO should be around $0.35.
Algorand price prediction 29 December 2024: Algorand's price for 29 December 2024 according to our analysis should range between $0.33 to $0.38 and the average price of ALGO should be around $0.35.
Algorand price prediction 30 December 2024: Algorand's price for 30 December 2024 according to our analysis should range between $0.33 to $0.38 and the average price of ALGO should be around $0.36.
Algorand price prediction 31 December 2024: Algorand's price for 31 December 2024 according to our analysis should range between $0.33 to $0.38 and the average price of ALGO should be around $0.36.
Algorand price prediction 5 January 2025: Algorand's price for 5 January 2025 according to our analysis should range between $0.34 to $0.39 and the average price of ALGO should be around $0.37.
Algorand price prediction 10 January 2025: Algorand's price for 10 January 2025 according to our analysis should range between $0.35 to $0.41 and the average price of ALGO should be around $0.38.
Algorand price prediction 20 January 2025: Algorand's price for 20 January 2025 according to our analysis should range between $0.37 to $0.43 and the average price of ALGO should be around $0.4.
Algorand price prediction February 2025: Algorand's price for February 2025 according to our analysis should range between $0.38 to $0.44 and the average price of ALGO should be around $0.41.
Algorand price prediction March 2025: Algorand's price for March 2025 according to our analysis should range between $0.39 to $0.45 and the average price of ALGO should be around $0.42.
Algorand price prediction April 2025: Algorand's price for April 2025 according to our analysis should range between $0.39 to $0.45 and the average price of ALGO should be around $0.42.
Algorand price prediction May 2025: Algorand's price for May 2025 according to our analysis should range between $0.4 to $0.46 and the average price of ALGO should be around $0.43.
Algorand price prediction June 2025: Algorand's price for June 2025 according to our analysis should range between $0.4 to $0.47 and the average price of ALGO should be around $0.44.
Algorand price prediction July 2025: Algorand's price for July 2025 according to our analysis should range between $0.41 to $0.47 and the average price of ALGO should be around $0.44.
Algorand price prediction August 2025: Algorand's price for August 2025 according to our analysis should range between $0.42 to $0.48 and the average price of ALGO should be around $0.45.
Algorand price prediction September 2025: Algorand's price for September 2025 according to our analysis should range between $0.42 to $0.49 and the average price of ALGO should be around $0.45.
Algorand price prediction October 2025: Algorand's price for October 2025 according to our analysis should range between $0.43 to $0.49 and the average price of ALGO should be around $0.46.
Algorand price prediction November 2025: Algorand's price for November 2025 according to our analysis should range between $0.43 to $0.5 and the average price of ALGO should be around $0.47.
Algorand price prediction December 2025: Algorand's price for December 2025 according to our analysis should range between $0.44 to $0.51 and the average price of ALGO should be around $0.47.
Algorand's Long Term Price Prediction
Algorand’s long term Price Prediction below is a look at ALGO’s future prospect with regards to price. Algorand was last seen at $0.33, with a market cap of $2,771,566,184 and trading volumes of $176,904,673. ALGO’s price prediction is possible by analyzing historical price action, current developments and social sentiment from the community.
| Years | Avg Price | Lowest Price | Highest Price |
| 2025 | $0.48 | $0.38 | $0.58 |
| 2026 | $0.56 | $0.45 | $0.67 |
| 2027 | $0.63 | $0.5 | $0.75 |
| 2028 | $0.64 | $0.51 | $0.77 |
| 2029 | $0.84 | $0.67 | $1.02 |
| 2030 | $0.88 | $0.71 | $1.07 |
| 2031 | $1.06 | $0.84 | $1.27 |
| 2032 | $1.20 | $0.96 | $1.44 |
| 2033 | $1.14 | $0.91 | $1.37 |
| 2034 | $2.13 | $1.71 | $2.56 |
| 2035 | $1.56 | $1.24 | $1.87 |
Algorand price prediction 2025: Algorand's price for 2025 according to our analysis should range between $0.38 to $0.58 and the average price of ALGO should be around $0.48.
Algorand price prediction 2026: Algorand's price for 2026 according to our analysis should range between $0.45 to $0.67 and the average price of ALGO should be around $0.56.
Algorand price prediction 2027: Algorand's price for 2027 according to our analysis should range between $0.5 to $0.75 and the average price of ALGO should be around $0.63.
Algorand price prediction 2028: Algorand's price for 2028 according to our analysis should range between $0.51 to $0.77 and the average price of ALGO should be around $0.64.
Algorand price prediction 2029: Algorand's price for 2029 according to our analysis should range between $0.67 to $1.02 and the average price of ALGO should be around $0.84.
Algorand price prediction 2030: Algorand's price for 2030 according to our analysis should range between $0.71 to $1.07 and the average price of ALGO should be around $0.88.
Algorand price prediction 2031: Algorand's price for 2031 according to our analysis should range between $0.84 to $1.27 and the average price of ALGO should be around $1.06.
Algorand price prediction 2032: Algorand's price for 2032 according to our analysis should range between $0.96 to $1.44 and the average price of ALGO should be around $1.20.
Algorand price prediction 2033: Algorand's price for 2033 according to our analysis should range between $0.91 to $1.37 and the average price of ALGO should be around $1.14.
Algorand price prediction 2034: Algorand's price for 2034 according to our analysis should range between $1.71 to $2.56 and the average price of ALGO should be around $2.13.
Algorand price prediction 2035: Algorand's price for 2035 according to our analysis should range between $1.24 to $1.87 and the average price of ALGO should be around $1.56.
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FAQs about Algorand
Algorand’s current price is $0.33 and witnessed a -6.71% decrease in the past 24 hours. ALGO/BTC pair saw a -4.59% decrease in the past 24 hours
Investing in Algorand, ALGO will purely depend on your personal risk appetite. As you can see over the past 24 hours Algorand’s price has witnessed a -6.71% decrease and over the past 30 days Algorand has increase by 13.64%. So it all depends on if this investment will hit your trading goals.
According to our latest Algorand Price prediction for 2024, ALGO should vary between $0.49 and $0.32. Please keep in mind that the crypto market is very volatile and this Algorand price prediction does not account for extreme wild swings in price.
As per the Algorand price prediction 2024 model above, ALGO’s price for December 2024 should range between $0.32 to $0.49 with the average price for December being $0.4
According to the Algorand Price Prediction model above, ALGO’s price in 2025 would be $0.48. This price would however would range from $0.58 and $0.38.
According to the Algorand Price Prediction model above, ALGO’s price in 2026 would be $0.56. This price would however would range from $0.67 and $0.45.
According to the Algorand Price Prediction model above, ALGO’s price in 2027 would be $0.63. This price would however would range from $0.75 and $0.5.
According to the Algorand Price Prediction model above, ALGO’s price in 2028 would be $0.64. This price would however would range from $0.77 and $0.51.
According to the Algorand Price Prediction model above, ALGO’s price in 2029 would be $0.84. This price would however would range from $1.02 and $0.67.
According to the Algorand Price Prediction model above, ALGO’s price in 2030 would be $0.88. This price would however would range from $1.07 and $0.71.
According to the Algorand Price Prediction model above, ALGO’s price in 2031 would be $1.06. This price would however would range from $1.27 and $0.84.
According to the Algorand Price Prediction model above, ALGO’s price in 2032 would be $1.20. This price would however would range from $1.44 and $0.96.
According to the Algorand Price Prediction model above, ALGO’s price in 2033 would be $1.14. This price would however would range from $1.37 and $0.91.
According to the Algorand Price Prediction model above, ALGO’s price in 2034 would be $2.13. This price would however would range from $2.56 and $1.71.
According to the Algorand Price Prediction model above, ALGO’s price in 2035 would be $1.56. This price would however would range from $1.87 and $1.24.
The highest price for Algorand was recorded in 20 June 2019 during which ALGO hit an All Time High of $3.56
The price of 1 Algorand according to current market rate is $0.33
