Algorand price prediction 2024-2030: Is a resurgence possible?

Key Takeaways

  • Our Algorand price predictions anticipate a high of $0.27 by the end of 2024.
  • In 2025, it will range between $0.34 and $0.40, with an average price of $0.45.
  • In 2030, it will range between $2.08 and $2.61, with an average price of $2.14.

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, Securities and Exchange Commission chair, referring to Algorand as a great technology and using it as an example when discussing the decentralization of cryptocurrencies.

Also Read: Ripple and XRPL Labs Join Hedera and Algorand Ecosystems As Founding Members of the DeRec Alliance

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.


Current Price$0.1542
Market Cap$1,261,825,029
Trading Volume$49,124,652
Circulating Supply8,181,493,374
All-time High$3.28 on Jun 21, 2019
All-time Low$0.08761 on Sep 11, 2023
24-hour High$0.1581
24-hour Low$0.1482

ALGO price prediction: Technical analysis

Volatility (30-day Variation)5.88%
50-day SMA$0.182759
200-day SMA $0.197549
Fear & Greed Index74 (Greed)
Green Days11/30 (37%)

ALGO price analysis: ALGO registers record-low

Key Takeaways

  • ALGO has hit the year’s low at $0.147.
  • The general trend is bearish.

ALGO/USD 1-day Chart: ALGO’s 50% drop

ALGO has hit the year’s low at $0.147 as the crypto market bleeds. At this level, it has lost over half its value from the year’s high of $0.33. It continues to register negative momentum, a sentiment it has maintained since the beginning of the month. The RSI line has crossed the signal line and is at 34.42, edging closer to oversold territory.

ALGO/USD 4-hour Chart: ALGO forms the three white soldier candle pattern

ALGO crossed into oversold territory on the 15th, resulting in a reversal playing out. The three-white soldier candle pattern in the chart occurs in a strong downtrend and signals a change in direction, supported by rising positive momentum. However, the general trend is bearish, with a single negative breakout.

ALGO technical indicators: Levels and action

Daily simple moving average (SMA)

Period Value ($)Action
SMA 30.1684SELL
SMA 50.1675SELL
SMA 100.1708SELL
SMA 210.1792SELL
SMA 500.1828SELL
SMA 1000.2108SELL
SMA 2000.1975SELL

Daily exponential moving average (EMA)

Period Value ($)Action
EMA 30.1781SELL
EMA 50.1819SELL
EMA 100.1850SELL
EMA 210.1862SELL
EMA 500.1926SELL
EMA 1000.1983SELL
EMA 2000.1923SELL

What can you expect from the ALGO price analysis next?

Per our technical indicators, the current sentiment is BEARISH, while the Fear & Greed Index shows 74 (Greed). Algorand recorded 11/30 (37%) green days with 5.88% price volatility over the last 30 days. The charts also show that the market sentiment is neutral, so ALGO should remain range-bound.

Is ALGO a good investment?

Analysis by Intotheblock shows that 94% 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/ opinions

Algorand released an ad campaign aimed directly at Ethereum and Solana. In the ad context, customers try to pay with different cryptocurrencies in a supermarket environment.Bitcoin was slow, Ethereum had high fees, and Solana transactions failed repeatedly. ALGO processed the transaction quickly and without any hitches.

ALGO price prediction June 2024

The Algorand price forecast in June is a maximum price of $0.20 and a minimum price of $0.17. The average price for the month will be $0.18.

MonthPotential Low ($)Potential Average ($)Potential High ($)

ALGO price prediction 2024

For the second half of 2024, ALGO’s price will range between $0.15 and $0.27. The average price for the period will be $0.24.

YearPotential Low ($)Potential Average ($)Potential High ($)

ALGO price prediction 2025 – 2030

YearPotential Low ($)Potential Average ($)Potential High ($)

ALGO price prediction 2025

The ALGO price forecast for 2025 is a high of $0.40. It will reach a minimum price of $0.34 and average at $0.40.

ALGO price prediction 2026

The year 2026 will experience more bullish momentum. Our Algorand price prediction estimates it will range between $0.50 and $0.59, with an average trading price of $0.51.

ALGO price prediction 2027

Algorand’s price prediction climbs even higher into 2027. According to the prediction, ALGO’s price will range between $0.68 and $0.85, with an average price of $0.70.

Also Read: Algorand CEO’s X account suffers breach amid its community backlash

ALGO price prediction 2028

Our analysis indicates a further acceleration in ALGO’s price. It will trade between $1.04 and $.19 and average $1.06.

ALGO price prediction 2029

According to the ALGO price prediction for 2029, the price of ALGO will range between $1.49 and $1.78, with an average of $1.58.

ALGO price prediction 2030

The ALGO price prediction for 2030 indicates the price will range between $2.08 and $2.61. The average price of ALGO will be $2.14.

Algorand price prediction 2024-2030: Is a resurgence possible?
ALGO price prediction 2025-2030

ALGO market price prediction: Analysts’ ALGO price forecast


Cryptopolitan’s ALGO price prediction

Our predictions show that ALGO will achieve a high of $0.27 in the second half of 2024. In 2025, it will range between $0.50 and $0.59, with an average of $0.51. In 2030, it will range between $2.08 and $2.61, with an average of $2.14. Note the predictions are not investment advice. Seek independent professional consultation or do your research.

ALGO historic price sentiment

  • Algorand held its token sale in June 2019 at $2.4 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 are down 90%.
  • Binance listed ALGO on 21 June 2019. According to Coinmarketcap data, it pumped up after the listing to reach an all-time high of $3.28.
  • ALGO crashed four months later and lost over 90% from ATH.
  • Coinbase listed ALGO in July 2021. The coin gradually recovered; the highest recorded for the year was $0.637 in August.
  • In retrospect, 2021 was the golden year for the crypto market. The emergence of NFTs, DeFi growth, and institutional interest drove the growth.
  • ALGO rose from a low of $0.32 in January to $2.3 in October, a 200% gain.
  • Nothing prepared the coin for the 2022 crypto winter, and the FTX crash worsened the situation. The year closed with ALGO trading at $0.23.
  • The decline continued through 2023, registering its all-time low at $0.0876 in September.
  • Market recovery began in October. By the close of the year, it had risen above $0.2. 
  • It quickly rose to $0.3 in 2024 but corrected later to $0.2 level.
Algorand price prediction 2024-2030: Is a resurgence possible?
Image Source: Coinstats

Subjects tagged in this post:



The ALGO token is payment-ready; you can use it to pay for transaction fees and purchase on-chain NFTs on the Algorand blockchain. ALGO is also used to secure the platform and reward ecosystem governors. Our CP Price Prediction section will show how the coin will gain value in years to come.


ALGO is a governance token used to pay for transactions on the Algorand Foundation. It can also be used as a means of payment on outlets that accept crypto due to its low transaction fees and fast settlement.


You can purchase on Binance, Coinbase, Bybit, OKX, Upbit, and Kraken exchanges.


Algorand is volatile and, therefore, prone to a crash. The opposite is also plausible.


Algorand is a legit project maintained by the Algorand Foundation.


You can safely store your ALGO tokens on Coinomi, Algorand Core, MyAlgo, Ledger, and Exodus wallets.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

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