ALGORAND - ALGO/USDT
ALGORAND - ALGO/USDT
- USDT (-)
- Real time data - CoinMarketCap
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: ALGOUSDT
ISIN:

ALGORAND - ALGO/USDT - 1H - Technical analysis published on 03/29/2025 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
28%
50%
22%
My opinion
Bearish under 0.187332 USDT
My targets
0.168927 USDT (-7.09%)
0.162355 USDT (-10.71%)
My analysis
The bearish trend is currently very strong for ALGORAND - ALGO/USDT. As long as the price remains below the resistance at 0.187332 USDT, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.168927 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.162355 USDT as an objective. Crossing it would then enable sellers to target 0.109344 USDT. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
6.8

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Trillion. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

ALGORAND - ALGO/USDT rating 0.181823 USDT. The price registered a decrease of -8.86% on the session and was between 0.180719 USDT and 0.200516 USDT. This implies that the price is at +0.61% from its lowest and at -9.32% from its highest.

0.180719
0.200516
0.181823

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by ALGORAND - ALGO/USDT:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of ALGORAND - ALGO/USDT in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 4 are neutral and 9 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is under support 3 (Daily)

Type : Neutral

Timeframe : 1 hour


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Central Candlesticks

Upside gap

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S2
S1
R1
R2
R3
Price


S2S1PriceR1R2R3
ProTrendLines 0.109344 0.162355 0.181823 0.187332 0.191451 0.194582
Change (%) -39.86% -10.71% - +3.03% +5.30% +7.02%
Change -0.072479 -0.019468 - +0.005509 +0.009628 +0.012759
Level Major Intermediate - Major Intermediate Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1741410.1855840.1925460.2039890.2109510.2223940.229356
Camarilla0.1944470.1961340.1978210.1995080.2011950.2028820.204569
Woodie0.1719010.1844640.1903060.2028690.2087110.2212740.227116
Fibonacci0.1855840.1926150.1969580.2039890.2110200.2153630.222394


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1573250.1689270.1783450.1899470.1993650.2109670.220385
Camarilla0.1819840.1839100.1858370.1877640.1896910.1916180.193545
Woodie0.1562340.1683810.1772540.1894010.1982740.2104210.219294
Fibonacci0.1689270.1769560.1819170.1899470.1979760.2029370.210967


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0926690.1517280.1948650.2539240.2970610.3561200.399257
Camarilla0.2098990.2192670.2286350.2380030.2473710.2567390.266107
Woodie0.0847090.1477480.1869050.2499440.2891010.3521400.391297
Fibonacci0.1517280.1907670.2148850.2539240.2929630.3170810.356120

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 26.95
MACD (12,26,9): -0.0044
Directional Movement: -35.740616
AROON (14): -78.571429
DEMA (21): 0.181223
Parabolic SAR (0,02-0,02-0,2): 0.183446
Elder Ray (13): -0.002309
Super Trend (3,10): 0.187919
Zig ZAG (10): 0.182576
VORTEX (21): 0.5862
Stochastique (14,3,5): 19.36
TEMA (21): 0.180542
Williams %R (14): -74.10
Chande Momentum Oscillator (20): -0.005682
Repulse (5,40,3): -0.1947
ROCnROLL: 2
TRIX (15,9): -0.3360
Courbe Coppock: 8.73
MA7: 0.201057
MA20: 0.195343
MA50: 0.233537
MA100: 0.302327
MAexp7: 0.183173
MAexp20: 0.187130
MAexp50: 0.194336
MAexp100: 0.198747
Price / MA7: -9.57%
Price / MA20: -6.92%
Price / MA50: -22.14%
Price / MA100: -39.86%
Price / MAexp7: -0.74%
Price / MAexp20: -2.84%
Price / MAexp50: -6.44%
Price / MAexp100: -8.52%

Quotes : - Real time data - CoinMarketCap

This member declared not having a position on this financial instrument or a related financial instrument.

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