Algorand (ALGO/USD)

The coin is trading in a clear downtrend. ALGO/USD last traded at $0.0902 on November 11, 2026, down 2.00% on the session, and sits below its 50-day and 200-day moving averages ($0.11 and $0.10). Over the past month the coin has fallen 24.29%, and over the past year it is down 49.26%. Its position in the 52-week range is 14%, which places it close to the yearly low of $0.0773 rather than the high of $0.1717. Momentum confirms the weak picture. The 14-day RSI sits at 37.2 in the bearish zone, and the MACD line is negative. For an investor, the key question is whether the coin can hold the $0.0773 low, since a break below it would open a new leg lower in a market that has already cut the coin's value sharply.

ALGO/USD has been under pressure over the past week, past month, past six months and past year. The coin is down 8.79% over one week, 24.29% over one month and 23.54% over six months, and it is down 49.26% over the past year. The only positive window is three months, where the coin is up 14.12%, which shows that the recent recovery attempt has not held. The price is 18.09% below its 50-day SMA and 9.29% below its 200-day SMA, and the 50-day SMA is still 10.75% above the 200-day SMA. That gap reflects the earlier higher prices, which the coin has moved away from.

The 14-day RSI at 37.2 is in the bearish zone but not in oversold territory, meaning selling has been persistent without yet reaching the extreme readings that often precede a bounce. The MACD line is negative, which confirms that short-term momentum still points down. The price is also 7.18% below its 20-day EMA, so even the shortest moving average is acting as a ceiling rather than a floor.

At $0.0902 the coin has a market capitalisation of $819.1M and a 24-hour trading volume of $34.9M. It remains 97.5% below its all-time high of $3.56, a reminder of how far the coin has fallen since its peak. The typical daily move of 3.36% means that holders should expect large day-to-day swings, and the distance between the price and the 52-week low is only 16.68%, so the coin is close enough to its yearly floor that a modest drop would test it.

The base case for the coming months is that ALGO/USD stays under its moving averages and trades in a range closer to its yearly low than its high, as long as the price remains below the 20-day EMA at $0.0972 and the 200-day SMA at $0.0994. The trend would need the price to reclaim the 200-day SMA and then hold above it for the averages to start to turn up. Conditions that would improve the outlook include a sustained move above the 50-day SMA at $0.1101 and a recovery in the RSI out of the bearish zone. Given a typical daily move of 3.36%, sharp swings in either direction are normal for this coin, so the range can be wide. Staking rewards, which the coin can earn for holders, are not included in the price returns shown here.

Holding it is the key test for the trend. Resistance begins at the 20-day EMA of $0.0972, the nearest level above the price, followed by the 200-day SMA at $0.0994, which the price needs to reclaim to show the longer trend is stabilising. The 50-day SMA at $0.1101 comes next and marks the level where the medium-term trend would begin to repair. The 52-week high of $0.1717 is the far ceiling and sits well above the current price.