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Cryptopolitan
2025-02-02 17:20:00

Algorand price prediction 2025-2031: Is a resurgence possible?

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 Ticker ALGO Current Algorand price $0.3183 Market cap $2.67B Trading volume $174.02M Circulating supply 8.4B All-time high $3.28 on Jun 21, 2019 All-time low $0.08761 on Sep 11, 2023 24-hour high $0.3680 24-hour low $0.3182 Algorand price prediction: Technical analysis Metric Value Volatility (30-day variation) 8.17% 50-day SMA $0.3820 200-day SMA $0.2258 Sentiment Bearish Fear and Greed Index 60 (Greed) Green days 14/30 (47%) Algorand price analysis As of February 2, ALGO’s price dropped by 19.56% in 30 days, and 9.05% in the last 24 hours. Algorand’s total value locked (TVL), the amount of funds locked up by an ecosystem’s decentralized applications has been bullish as users deposited more assets into the protocol. Algorand 1-day chart analysis ALGO/USD 1-day chart. Image source: TradingView ALGO’s price movement this month shows it is breaking out downwards following a period of consolidation in January. The William Alligator is sleeping as volatility drops. The relative strength index is 37.18 in neutral territory, while the MACD histogram shows negative market momentum. Algorand 4-hour chart ALGO/USD 4-hour chart. Image source: TradingView The 4-hour chart also shows ALGO is trading downwards. The negative momentum and volatility in this timeframe are rising. Algorand technical indicators Daily simple moving average (SMA) Period Value ($) Action SMA 3 0.3774 SELL SMA 5 0.3718 SELL SMA 10 0.3936 SELL SMA 21 0.4053 SELL SMA 50 0.3820 SELL SMA 100 0.3202 BUY SMA 200 0.2258 BUY Daily exponential moving average (EMA) Period Value ($) Action EMA 3 0.3881 SELL EMA 5 0.3839 SELL EMA 10 0.3802 SELL EMA 21 0.3782 SELL EMA 50 0.3568 SELL EMA 100 0.3035 BUY EMA 200 0.2475 BUY What to expect from ALGO price analysis next? Per our technical indicators, ALGO’s price trend is bearish and the fear and greed index shows greed among investors. Data analysis shows that activity on decentralized finance applications is rising. Why is ALGO down? ALGO is droping 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 2028. Will ALGO reach $10? Per our Cryptopolitan price prediction, it remains highly unlikely for ALGO to break above $10 in the period ending 2030. Will ALGO reach $100? At $100, Algorand 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. Does ALGO have a good long-term future? 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. 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: Italian energy giant launches tokenization program on Algorand 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. BREAKING: @Conio and @EnelGroup , the world's largest electric utility company, are launching a solar panel tokenization product using the #Algorand blockchain. Italian residents can now reap the benefits of solar panels without physically installing them on their roof. They can… — marcvl.algo🇺🇦 (@marcvl) January 20, 2025 ALGO price prediction February 2025 The Algorand network price forecast for February is a maximum price of $0.4005 and a minimum price of $0.3001. The average price for the month will be $0.3290. Month Potential low ($) Potential average ($) Potential high ($) February 0.3001 0.3290 0.4005 Algorand price prediction 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 $0.3900. Year Potential low ($) Potential average ($) Potential high ($) 2025 0.2960 $0.39 0.4313 Algorand price prediction 2026 – 2031 Year Potential low ($) 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 price history 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 and $0.35 in February.

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