Bitcoin
BTC$70 171.16

-1.77%

Ethereum
ETH$3 546.10

-1.56%

Tether
USDT$1.000248

0.01%

Binance Coin
BNB$616.36

5.02%

Solana
SOL$189.14

0.16%

XRP
XRP$0.636919

2.07%

Algorand (ALGO) Reviews for March 2024

ALGO Reviews Dannn May 4, 2022
ALGO price in danger of 25% correction despite Algorand–FIFA partnership hype. Algorand (ALGO) prices rallied higher on May 3 after becoming FIFA's official blockchain solution provider. Nonetheless, the ALGO/USD pair continues to face selloff risks. ALGO's price jumped 20% to $0.74, its highest level since April 22. Its move upside came as a part of a broader rebound that started April 30, gaining 37.5% in just three days of trading. As visible in the chart above, a large portion of the ALGO's upside move took cues from FIFA's announcement. Late on May 2, the official football governing body revealed that it had teamed up with Algorand to develop its "digital assets strategy," beginning with a wallet solution. It also confirmed making Algorand its "regional supporter" in North America and Europe during the next football World Cup in Qatar in November and a FIFA Women’s World Cup Australia and New Zealand 2023™ Official Sponsor.

ALGO Reviews MrBigMoney September 13, 2021
The long tail on Sep. 7 shows that bulls aggressively bought the dip to the 50-day SMA ($1.10). Strong buying on Sep. 8 propelled Algorand (ALGO) above the stiff overhead resistance at $1.84. The bears tried to trap the bulls by sinking the price below the breakout level at $1.84 on Sep. 10 but the buyers had other plans. The ALGO/USDT pair has rebounded off the support with strength today and bulls are currently attempting to thrust the price above $2.49. If they succeed, the pair could resume the uptrend with the first target on the upside at $3 and then $3.32. On the contrary, if the price once again turns down from $2.49, the pair could drop to $1.84 and stay range-bound between these two levels for the next few days. A break and close below $1.84 will suggest that the current breakout was a bull trap. The pair could then slide to $1.60. The 4-hour chart shows that bears are defending the overhead resistance at $2.49. If sellers pull the price below $2.30, the pair could again slide to the breakout level at $1.84. A bounce off this support could suggest a range-bound action for some time. If bulls do not give up much ground from the current levels, it will increase the possibility of a break above $2.49. If buyers sustain the breakout, it could signal the resumption of the uptrend.

* Crypto Rating accepts no liability for content of the Algorand reviews made by the site users. The entire responsibility for the contents rests with the authors.

Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 76% 42 $70 171.16 -1.77% 11.72% $1 380 088 680 972 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 71.2% 50 $3 546.10 -1.56% 7.59% $425 782 312 228 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 94% 1 $1.000248 0.01% 0.04% $104 530 236 404 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 60% 80 $616.36 5.02% 13.18% $92 168 846 968 BNB 7 days price change
5 Solana (SOL) SOL Solana predictions 58.8% 88 $189.14 0.16% 12.08% $84 055 265 074 SOL 7 days price change
6 XRP (XRP) XRP XRP predictions 81.2% 28 $0.636919 2.07% 5.16% $34 956 800 668 XRP 7 days price change
7 USD Coin (USDC) USDC USD Coin predictions 94% 2 $1.000145 0.01% 0.02% $32 526 874 714 USDC 7 days price change
8 Dogecoin (DOGE) DOGE Dogecoin predictions 67.2% 66 $0.215397 -1.69% 47.30% $30 945 208 500 DOGE 7 days price change
9 Cardano (ADA) ADA Cardano predictions 65.6% 66 $0.665318 1.36% 9.67% $23 674 997 116 ADA 7 days price change
10 Avalanche (AVAX) AVAX Avalanche predictions 57.6% 87 $53.96 -1.54% 1.41% $20 367 154 316 AVAX 7 days price change
11 SHIBA INU (SHIB) SHIB SHIBA INU predictions 58.8% 94 $0.000031 -3.69% 18.78% $18 204 426 308 SHIB 7 days price change
12 Toncoin (TON) TON Toncoin predictions 58% 86 $5.13 1.21% 22.84% $17 789 214 110 TON 7 days price change
13 Polkadot (DOT) DOT Polkadot predictions 75.6% 49 $9.75 1.79% 10.88% $13 922 325 263 DOT 7 days price change
14 Bitcoin Cash (BCH) BCH Bitcoin Cash predictions 72.8% 57 $614.40 8.07% 54.65% $12 093 090 262 BCH 7 days price change
15 Chainlink (LINK) LINK Chainlink predictions 75.2% 42 $19.21 -0.90% 10.53% $11 280 482 429 LINK 7 days price change

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