As of 27 November 2021 Algorand is trading at $1.67 in term of its USD rate with the price change of 1.46% in last one hour. ALGO has a total marketcap of $10,492,692,200 with the 24 hour trading volume of $597,385,268.00. This makes Algorand (ALGO) ranking at 22 in the cryptocurrency market.
If you are a crypto investor and wondering what is the Algorand price prediction end of 2021, What will Algorand be worth in 2021? Is Algorand a good investment or worth buying in 2021? Will ALGO price surpass its all time high? These are our Algorand price predictions for ALGO's future.
According to the Algorand forecast price and technical analysis, in 2021 the ALGO price is expected to cross an average price level of $1.76, the expected minimum price value of Algorand by the end of the current year should be $1.61. Moreover ALGO can reach a maximum price level of $1.81.
|Month||Minimum Price||Average Price||Maximum Price|
Algorand (ALGO) Price Forecast December 2021 : For December the price of Algorand is predicted to reach a average monthly limit of $1.76 while the coin will trade between a maximum of $1.81 and a minimum of $1.61.
|USD Price||$ 1.67|
|24h Volume||$ 597,385,268|
In the past 24 hours, the crypto has been decreased by -6.44% in its current value. If we compare the current market cap of the ALGO with yesterday’s, you can see that the market cap is also down.
Algorand is facing a hard time getting on board with other crypto coins. The ALGO is down to almost -8.78% in the last 7 days. The coin is still showing risking framing segments for past few days, the coin might have strong fundamentals but, we don’t think that it would a profitable asset in short term.
Within the last one month, the price of ALGO decreased by -9.482%, eliminating a whopping average sum of $0.18 from its current value. This sudden down means that the coin is in dip right now, meaning that it can be a good buy opportunity for quick investment.
The 90 days price change is around 47.18% and the price circulated from a minimum average price of $0.88 to maximum average price of $0.99 in the past 90 days.
In Last 4 months Algorand has shown a growing trend. Thus, we think that similar parts of the market were quite popular at that period.
According to the latest data collected, the trading volume of Algorand is increased from 4 months. The trading volume constitutes a vital role in its price.
The coin is up by 48.84% with the maximum average price of the coin was around $0.81 and the minimum average price of was around $0.78 in past 4 months.
The ALGO price is forecasted to reach a maximum level of $1.81 with minimum price of $1.61 at the end of 2021.
In terms of price, Algorand has an outstanding potential to reach new heights. It is forecast that ALGO will increase in value. According to specific experts and business analysts, Algorand can hit the highest price of $56.60 till 2030.
Algorand's value is expected to continue to expand, as shortage tends to encourage price rise. Please note, there is some risk to any investment. Just invest in what you can accomplish before coming to any conclusions and conduct the maximum research possible.