Historical index for the Algorand price prediction: B+ “Should I invest in Algorand CryptoCurrency?” “Should I buy ALGO today?” According to our Forecast System, ALGO is a not so good long-term (1-year) investment*. Algorand predictions are updated every 3 minutes with latest prices by smart technical analysis.
At Citytelegraph.com we predict future values with technical analysis for wide selection of digital coins like Algorand. If you are looking for virtual currencies with good return, ALGO can be a profitable investment option. Algorand price equal to 0.789 USD at 2021-02-06. If you buy Algorand for 100 dollars today, you will get a total of 126.759 ALGO. Based on our forecasts, a long-term increase is expected, the price prognosis for 2026-01-31 is 1.543 US Dollars. With a 5-year investment, the revenue is expected to be around +95.57%. Your current $100 investment may be up to $195.57 in 2026.
Algorand (ALGO) Pivot, Resistance and Support Levels for Day Trading, 6th Feb 2021
Calculation For Trading:
Resistance Level (R3): 1.089
Resistance Level (R2): 0.986
Resistance Level (R1): 0.9092
Pivot Point: 0.8062
Support Level (S1): 0.730
Support Level (S2): 0.627
Support Level (S3): 0.551
Breaking out in 2021 and all set to HIT $1
A huge demand zone still lies somewhere at $0.25 to $0.30, but as the 2021 starts with a ALT season, the ALGO got a early breakout and now has a completely bullish sentiment.
ALGO is performing well. The technical indicators says that the ALGO has potential to reach $1 target very soon.
4EMA (10,20,50,100) is clearly bullish in 4 hour chart in ALGO/USDT, whereas you can clearly see early this year the whole ALGO turned bullish on 4EMA and MACD as well.
Bollinger Band on 4 Hour ALGO/USDT Chart – Says BULLISH
CANDLESTICK: Algorand (ALGO) Price Prediction
The incredibly powerful Candlestick widget takes any data point and compares it to price over a specified timeframe.