Key takeaways:
- Our Algorand price prediction indicates a high of $0.4313 in 2025.
- In 2026, it will range between $0.5404 and $0.6531, with an average price of $0.5558.
- In 2030, it will range between $2.21 and $2.73, with an average price of $2.29.
Algorand’s capabilities make it an interesting prospect for investors and developers interested in smart contracts and blockchain interoperability. A 2019 video featured Gary Gensler, former Securities and Exchange Commission chair, referring to Algorand as a great technology and using it as an example when discussing the decentralization of cryptocurrencies.
Will ALGO go up? Can it reach $10? Where will ALGO be in 5 years? We explore these and more in our Cryptopolitan price prediction.
Overview
Cryptocurrency | Algorand |
Symbol | ALGO |
Current Algorand price | $0.1913 |
Market cap | $1.62B |
Trading volume | $41.28M |
Circulating supply | $8.51B |
All-time high | $3.28 on Jun 21, 2019 |
All-time low | $0.08761 on Sep 11, 2023 |
24-hour high | $0.1906 |
24-hour low | $0.1874 |
Algorand price prediction: Technical analysis
Metric | Value |
Volatility (30-day variation) | 12.78% |
50-day SMA | $0.2454 |
200-day SMA | $0.2551 |
Sentiment | Bearish |
Fear and Greed Index | 30 (Fear) |
Green days | 16/30 (53%) |
Algorand price analysis: ALGO moves into consolidation
As of March 23, ALGO’s price fell by 31.92% in 30 days and is 0.37% in the last 24 hours. Its trading volume dropped by 26.93% in 24 hours signaling a waning interest from traders,
Algorand’s total value locked (TVL), the amount of funds locked up by an ecosystem’s decentralized applications, was bearish in the last 24 hours as it continued to fall below the $100 million mark
Algorand 1-day chart analysis
ALGO’s price movement shows it is dropping further. The William Alligator is sleeping, meaning little volatility. The relative strength index is 38.65 in neutral territory, while the MACD histogram shows that the market registers little momentum.
Algorand 4-hour chart
The 4-hour chart also shows that ALGO is moving sideways in consolidation. The coin registers little momentum and volatility in this time frame.
Algorand technical indicators: Levels and action
Daily simple moving average (SMA)
Period | Value ($) | Action |
SMA 3 | 0.2513 | SELL |
SMA 5 | 0.2232 | SELL |
SMA 10 | 0.2193 | SELL |
SMA 21 | 0.2192 | SELL |
SMA 50 | 0.2454 | SELL |
SMA 100 | 0.3131 | SELL |
SMA 200 | 0.2551 | SELL |
Daily exponential moving average (EMA)
Period | Value ($) | Action |
EMA 3 | 0.2229 | SELL |
EMA 5 | 0.2490 | SELL |
EMA 10 | 0.2903 | SELL |
EMA 21 | 0.3273 | SELL |
EMA 50 | 0.3368 | SELL |
EMA 100 | 0.2980 | SELL |
EMA 200 | 0.2474 | SELL |
What to expect from ALGO price analysis next?
Per our technical indicators, ALGO’s bear run is slowing, with the fear and greed index showing a fear sentiment among investors. Data analysis shows that activity on decentralized finance applications is dropping, with the charts showing it is now in a consolidation phase.
Why is ALGO down?
ALGO is dropping from previous highs set in the last quarter of 2024, the drop could be attributed to the crypto market’s correction, which saw Bitcoin drop below $99,000.
Will ALGO reach $1?
Per our Cryptopolitan price prediction, ALGO will break above $1 in the period ending in 2028.
Can Algorand reach $10?
Per our Cryptopolitan price prediction, it remains highly unlikely for ALGO to break above $10 in the period ending in 2031.
Can Algorand reach $20?
Per our Cryptopolitan price prediction, it remains highly unlikely for ALGO to break above $20 in the period ending in 2031.
Can algo reach $100 dollars?
At $100, Algorand’s market capitalization has to rise above $700 billion from the current $1.2 billion. In comparison, Ethereum’s market capitalization is at $400 billion. Per our price prediction, Algorancd is highly unlikely to reach $100.
Is there a future for Algorand?
Like most mega-altcoins, Algorand is trading at its lowest level this year. A break below 30 RSI will be crucial to sending it to previous highs. Looking ahead, ALGO will register new all-time highs in the coming years.
What will Algorand be worth in 2025?
For the last month of 2025, ALGO’s price will range between $0.2960 and $0.4313. The average price for the period will be $0.3900.
Is ALGO a good investment?
Analysis by Intotheblock shows that 97% of holders are at a loss at the current price. The figure will likely drop lower in the short term. However, as our Cryptopolitan price prediction shows, this will change over the long term.
Recent news
Enel Group, an Italian green energy company, has partnered with crypto wallet provider Conio to allow fractional ownership of solar panels on the Algorand blockchain.
ALGO price prediction March 2025
The Algorand network price forecast for February is a maximum price of $0.4005 and a minimum price of $0.2001. The average price for the month will be $0.3290.
Month | Potential low ($) | Potential average ($) | Potential high ($) |
March | 0.2001 | 0.3290 | 0.4005 |
Algorand price prediction 2025
For the last month of 2025, ALGO’s price will range between $0.1960 and $0.4313. The average price for the period will be $0.3900.
Year | Potential low ($) | Potential average ($) | Potential high ($) |
2025 | 0.1960 | $0.39 | 0.4313 |
Algorand price prediction 2026 – 2031
Year | Potential low ($) | Potential average ($) | Potential high ($) |
2026 | 0.5404 | 0.5558 | 0.6531 |
2027 | 0.7777 | 0.7999 | 0.9598 |
2028 | 1.1400 | 1.1700 | 1.3500 |
2029 | 1.6100 | 1.6600 | 1.96 |
2030 | 2.21 | 2.29 | 2.73 |
2031 | 4.49 | 4.66 | 5.48 |
Algorand price prediction 2026
The year 2026 will experience more bullish momentum. Our Algorand price prediction estimates it will range between $0.5404 and $0.6531 with an average price of $0.5558.
Algorand price prediction 2027
Algorand prediction climbs even higher into 2027. According to the prediction, ALGO’s price will range between $0.7777 and $0.9598, with an average price of $0.7999.
Algorand price prediction 2028
Our analysis indicates a further acceleration in ALGO’s price. It will trade between $1.14 and $1.35, with an average trading price of $1.17.
Algorand price prediction 2029
According to the ALGO price prediction for 2029, the price of ALGO will range from $1.61 to $1.96, with an average price of $1.66.
ALGO price prediction 2030
The ALGO price prediction for 2030 indicates the price will range between $2.21 and $2.73. The average price of ALGO will be $2.29.
Algorand ALGO price prediction 2031
The ALGO price forecast for 2031 is a high of $5.48. It will reach a minimum price of $4.49 and average at $4.66.
Algorand price prediction 2025 – 2031
Algorand market price prediction: Analysts’ ALGO price forecast
Platform | 2025 | 2026 | 2027 |
Digitalcoinprice | $0.64 | $0.81 | $1.10 |
Changelly | $0.2070 | $0.3008 | $0.4500 |
Gate.io | $0.3336 | $0.4071 | $0.4742 |
Cryptopolitan’s Algorand price prediction
Our predictions show that ALGO will achieve a high of $0.4313 in 2025. In 2027, it will range between $0.7770 and $0.7999, with an average of $0.9598. In 2030, it will range between $2.21 and $2.73, with an average price of $2.29. Note the predictions are not investment advice. Seek independent professional consultation or do your research.
Algorand historic price sentiment
- Algorand held its token sale in June 2019 at $2.40 each.
- Union Square Ventures, Lemniscap, and NGC Ventures, among others, held earlier funding rounds. The public sale raised $60.40 million, while funding rounds raised $66 million.
- Token sale participants who held their tokens since launch are down 90%.
- Binance listed ALGO on 21 June 2019. According to Coinmarketcap data, it pumped after the listing to reach its all-time high (ATH) at $3.28.
- ALGO later crashed; four months later, it was down 90% from ATH.
- In July 2021, Coinbase listed ALGO. As a result, it gradually recovered and peaked at $0.64 in August.
- In retrospect, 2021 was the golden year for the crypto market. The emergence of NFTs, DeFi growth, and institutional interest drove growth.
- So, in 2021, it rose from a low of $0.32 in January to $2.30 in October, a 200% gain.
- Nothing prepared crypto enthusiasts for the 2023 crypto winter, which worsened with the FTX crash. The year closed with ALGO trading at $0.23.
- The decline continued through 2023, registering an all-time low at $0.0876 in September.
- The market’s recovery began in October. By the end of the year, it had risen above $0.2. It now trades at $0.13.
- It began recovering in November from a low of $0.12, rising as high as $0.61 in December.
- It then corrected into 2025 below the $0.40 mark in January, $0.35 in February, and $0.21 in March.