Algorand (ALGO) price prediction 2024, 2025, 2030

Share this:
Disclaimer

Disclaimer

All information on this page is published ‘as is’ and for information purposes alone. The information is not intended for trading or advice of financial, investment, tax, legal, accounting or any kind of nature. Before starting to trade, please contact your broker or a financial advisor to check the quotes, evaluate forecasts or the opinion of the author of the article. Our company is not an investment consultant, financial advisor or a broker for transactions involving securities. No information shall be viewed as investment advice, recommendation or offer of our company to buy, hold or sell securities or financial products. Our company does not provide guarantees and does not express opinions about appropriateness or suitability of investments.

No information shall be regarded as investment advice (general or individual). Financial products or transactions mentioned in such information may not be suitable for your investment portfolio and may not meet your investment targets and expectations. You are solely responsible for any decision regarding financial products or transactions and you shall independently determine whether they are suitable for you, taking into account your interests, investment targets, investment horizon and tolerable risk level. Our company shall not bear any responsibility for the losses caused by financial transactions or investments in financial products mentioned on our website. We do not recommend making investment decisions guided solely by this information.

The information on our website is provided by stock exchanges, brokers and other content providers, and, in some cases, may arrive with a delay. Our company does not verify such information and shall waive any liability related to it.

Our company and our information and content providers, financial exchanges, brokers and also all affiliated companies and business partners: a) expressly waive any responsibility for the accuracy, validity and completeness of any data; b) shall not be liable for any mistakes, omissions or other flaws on such information, for delays and interruptions in their display, as well as for actions taken based on such information. Neither our company nor our information providers shall be liable for the damage caused by the use of the information provided here. The term ‘business partners’ in this case shall not imply any partnership or agency relationships as well as the creation of a joint venture between our company and any other organization.

You hereby confirm that you shall not copy, modify, reformat, download, store, reproduce, process, transfer or distribute any information published here or use such information for commercial purposes without prior written consent.

Traders Union as well as its external information and content providers retain exclusive copyright to the provided information.

Our company shall not be liable for the products and services advertised on our website.

General websites Disclaimer:

Traders Union (tradersunion.com) shall not be liable for the consequences of trading decisions made by the Client and for the possible loss of his capital resulting from the use of this website and information published on it. Forex market, CFD and cryptocurrency trading involves high risks and is not suitable for everyone. Before investing money, you need to adequately assess the level of your expertise and be aware of the risks, particularly in the context of trading with leverage. The information on this website is not intended for distribution or use by any person in any country or jurisdiction, where such distribution or use would be in violation of the local law or regulation. Any payments by Traders Union (TradersUnion.com) to the users of our website shall be legally interpreted solely as an incentive on our part for the activity on the website in the form of a deduction of a part of the advertising income; they shall not be a subject of any claims of our users or our obligations, a subject of disputes, as well as cannot be considered in relation to the services provided to users by brokers, both in fact and in their completeness and volume. The administration of the website shall not be liable for the content of user comments and reviews about the companies and shall not verify whether the authors of the reviews are indeed real clients of a specific company. All reviews, both negative and positive are published on the website without verification of their reliability; only offensive reviews that call for violence or any kind of discrimination and also reviews published from one group of IP addresses are moderated and removed. The authors of the materials shall be fully liable for the accuracy, completeness and impartiality of any information in the articles and reviews, including in the context of their use or mention of any brand names or trademarks. All mentions of the names of companies and their brands in any materials on the website shall be made in the context of communication of socially important information to the people about their activities by independent journalists, who are the authors. All evaluations and indicators on the website express the subjective opinion of the authors of the reviews (articles) and shall not be viewed as accurate statements and be a subject of disputes and claims against Traders Union.

Risk disclosure:

Information on the TradersUnion.com website is for informational purposes only and does not constitute any motive or suggestion to visitors to invest money. Moreover, we hereby warn you that trading on the Forex and CFD markets is always a high risk. According to the statistics, 75-89% of customers lose the funds invested and only 11-25% of traders earn a profit.

That is why you should only invest money that you are prepared — or can afford — to lose at such high risks. Tradersunion.com does not provide any financial services, including investment or financial advisory services. Also, the Traders Union is not a broker and does not get money for trading in the Forex or CFD markets. Our website only provides information on brokers and the markets and helps its users to select the best brokerage company based on detailed information and objective analysis of brokers.

Start Trading Crypto CFDs
Your capital is at risk.

eToro - Best to trade top cryptocurrencies actively with leverage

Anton Kharitonov, analyst at Traders Union, believes that Algorand will be traded at $0.3153 by the end of 2024, $0.3857 by the end of 2025, and the coin could be worth $1.0604 by 2030.

Algorand (ALGO) is a cryptocurrency platform for development of decentralized apps used to secure the blockchain and pay processing fees. The competitive advantage of the platform is the low network fee and almost infinite scalability with a fixed number of validators regardless of the number of nodes. Recently, the platform has been focused on attracting DeFi developers and NFT startups.


In 2021, the coin price rose almost tenfold, to the level of 2019, the ICO level. Under the pressure of the general market situation, the coin bounced back to the levels of the early 2021, but it has remained in the Top 50 in terms of capitalization. Will ALGO be able to reverse the downward trend and return to its all-time highs?


Traders Union experts collected long-term Algorand (ALGO) price predictions by top analytical platforms. Also in our article, you will be able to learn the latest signals on the ALGO price for 1 day and 1 week. Algorand signals are based on the technical analysis indicators.

NOTE!

On this page, you will find the latest information about current prices, updated and new forecasts for short and long-term intervals:

  • Asset quotes are updated every minute.
  • Price chart is updated every minute.
  • Technical indicator data is updated according to the time frame. For example, on M5, the data is updated every 5 minutes.
  • Medium and long-term forecasts are updated every hour.

Algorand price prediction for 1 day and for 1 week

Short-term Algorand forecast by TU is prepared automatically on the basis of technical analysis of moving averages and indicators for each timeframe (interval) separately. Select the timeframe you need to find out Algorand forecast for today.

NOTE!

Signals may differ on different timeframes. If you want to buy AAVE and hold it for longer than one week, it is best to use the signals on daily and weekly timeframes. Timeframes from 5 minutes to 1 hour are best suitable for short-term transactions

EARN FROM TRADING
Your capital is at risk.

Best Broker Recommended for Trading Cryptocurrencies

Suitable for those who want to earn a profit from price fluctuations.

BUY TO HOLD
Your capital is at risk.

Best Exchange Recommended for Holding Cryptocurrencies

Suitable for those who want to invest for the long term.

Algorand coin price prediction 2024. Will ALGO go back up by the end of the year?

The Algorand platform was launched in 2019, two years after the start of development. However, due to stiff competition, the coin price dropped almost immediately after the launch by nearly 10 times. 2021 brought success for ALGO. Priced at USD 0.39 on January 1, the coin value increased four times in May. The next wave of the upward trend brought the coin price to the level of the ICO – USD 2.38. The outlook for the next few months is optimistically reserved. According to the wave theory, a deep correction is followed by the next wave of growth. Therefore, we can expect a start of a new uptrend in the near future.


According to the analytical forecast by Anton Kharitonov, a TU analyst, ALGO price will reach $0.3153 by the end of 2024.

Algorand price prediction (ALGO/USD) 2024 by months

The TU analysts also expect moderate growth of Algorand coin price. According to their forecast, ALGO price can reach a range of $0.2838 - $0.3468 by the end of 2024.

Month Minimum Price Maximum Price Average Price
April 2024 $0.2479 $0.3031 $0.2755
May 2024 $0.2522 $0.3082 $0.2802
June 2024 $0.2565 $0.3135 $0.285
July 2024 $0.2608 $0.3188 $0.2898
August 2024 $0.2652 $0.3242 $0.2947
September 2024 $0.2697 $0.3297 $0.2997
October 2024 $0.2743 $0.3353 $0.3048
November 2024 $0.279 $0.341 $0.31
December 2024 $0.2838 $0.3468 $0.3153

Indicator Based Technical Analysis of ALGO/USD

To find a better entry point, also find out what TradingView technical analysis tool signals for the Algorand (ALGO/USD) price. "Sell" or "Strong Sell" means that most of the signals are bearish. "Buy" or "Strong Buy" means that most of the signals are bullish. For short-term signals, it is recommended to use settings from 15 minutes to 2 hours. For long-term signals, it is recommended to use settings from 4 hours to 1 week.

Algorand price prediction for 2025 and 2030

Many analysts are still optimistic about the long-term prospects of Algorand and give positive long-term forecasts.

Algorand price prediction 2025 by months

Month Minimum Price Maximum Price Average Price
January 2025 $0.2886 $0.3528 $0.3207
February 2025 $0.2936 $0.3588 $0.3262
March 2025 $0.2985 $0.3649 $0.3317
April 2025 $0.3036 $0.371 $0.3373
May 2025 $0.3087 $0.3773 $0.343
June 2025 $0.3139 $0.3837 $0.3488
July 2025 $0.3192 $0.3902 $0.3547
August 2025 $0.3246 $0.3968 $0.3607
September 2025 $0.3301 $0.4035 $0.3668
October 2025 $0.3357 $0.4103 $0.373
November 2025 $0.3414 $0.4172 $0.3793
December 2025 $0.3471 $0.4243 $0.3857

Algorand price prediction 2030 by months

Month Minimum Price Maximum Price Average Price
January 2030 $0.7928 $0.969 $0.8809
February 2030 $0.8063 $0.9855 $0.8959
March 2030 $0.82 $1.0022 $0.9111
April 2030 $0.8339 $1.0193 $0.9266
May 2030 $0.8482 $1.0366 $0.9424
June 2030 $0.8626 $1.0542 $0.9584
July 2030 $0.8772 $1.0722 $0.9747
August 2030 $0.8922 $1.0904 $0.9913
September 2030 $0.9074 $1.109 $1.0082
October 2030 $0.9228 $1.1278 $1.0253
November 2030 $0.9384 $1.147 $1.0427
December 2030 $0.9544 $1.1664 $1.0604

What Algorand price will be in 5 years and 12 years – prediction by years

According to the Traders Union long-term price forecast Algorand (AAVE) can reach $0.3153 by 2025, $0.8662 by 2030, $1.9452 by 2034.

Year Price in the middle of the year Price at the end of the year
2024 $0.285 $0.3153
2025 $0.3488 $0.3857
2026 $0.4268 $0.4723
2027 $0.5225 $0.5781
2028 $0.6396 $0.7076
2029 $0.7829 $0.8662
2030 $0.9584 $1.0604
2031 $1.1732 $1.298
2032 $1.4361 $1.589
2033 $1.7581 $1.9452
2034 $2.1523 $2.3813
2035 $2.6348 $2.9152

Alternative long-term price predictions by independent analytical platforms

Here, you will find long-term cryptocurrency price predictions provided by independent analytical resources. The price prediction methodologies they use vary, which is why the predictions may differ substantially from each other. We recommend focusing on the average price.


According to the price prediction by PricePredictions analysts, the 10-year AAVE price outlook is as follows:

Year Minimum price Average price Maximum price
2024 $0.23968 $0.29961 $0.35953
2025 $0.43942 $0.49934 $0.55926
2026 $0.63916 $0.69908 $0.759
2027 $0.83889 $0.89882 $0.95874
2028 $1.04 $1.1 $1.16
2029 $1.24 $1.3 $1.36
2030 $1.44 $1.5 $1.56
2031 $1.64 $1.7 $1.76
2032 $1.84 $1.9 $1.96
2033 $2.04 $2.1 $2.16
2034 $2.24 $2.3 $2.36

According to the price prediction by Walletinvestor analysts, the AAVE price will be $0.0157 at the beginning of 2025, and $0.00521 at the beginning of 2029.


According to the price prediction by Coin Price Forecast analysts, the AAVE price is expected to reach the following values in the next 10-12 years:


Year Mid-Year Year-End Tod/End,%
2024 $0.38 $0.55 +175%
2025 $0.64 $0.68 +240%
2026 $0.74 $0.79 +295%
2027 $0.89 $0.99 +395%
2028 $1.09 $1 +400%
2029 $1.08 $1.16 +480%
2030 $1.24 $1.16 +480%
2031 $1.23 $1.3 +550%
2032 $1.37 $1.44 +620%
2033 $1.51 $1.58 +690%
2034 $1.51 $1.57 +685%
2035 $1.63 $1.69 +745%

According to the price prediction by Long Forecast analysts, the AAVE price will be $0.36 at the beginning of 2025, and $0.8 at the beginning of 2028.

What news may impact Algorand (ALGO) price in the future?

The general market condition influences ALGO quotes on the long time interval. The cryptocurrency price grows/drops along with BTC and other top cryptocurrencies. The deterrents include the successes of the coin’s direct competitors, including Solana, Cardano and Ethereum. If Ethereum successfully transitions to the PoS, taking into account the availability of cross-platform solutions, sidechains, layer 2 solutions and parachains (Polkadot), independent blockchains of Algorand or Solana class may be kicked out of the Top 50.


The developers are trying to promote the platform using marketing tools. This has a short-term impact on the price. If you follow the news, you can earn money on short movements of 5-20%.

ALGO/USD Chart Online

Latest exchange rates online

Expert opinion. What to expect from the ALGO price?

Algorand is positioned as the “Blockchain Trilemma Killer”, offers the “happy medium” solution of the decentralization, scalability and security issues. The cryptocurrency was launched during the ICO boom and could not compete with Ethereum in any way at the time. The problem of Algorand is that that platform is factually not developing, having chosen the path of active marketing policy. There is a lot of information in the media about sponsorship contracts and financing of various DeFi and NFT projects. In other words, using the development funds of Algorand Foundation, a non-profit organization, launched in 2020-2021, the developers are encouraging development of startups on their platform. The sponsorship contract signed in May 2022 with FIFA kicked the coin price up by 20%. However, how promising can a coin the value of which depends on marketing and not developments be? Right now, ALGO cannot even achieve the price level of the ICO. However, it is early to write it off yet, it could reach sudden success at any moment.


Anton Kharitonov

Anton Kharitonov

Financial expert and analyst at Traders Union

Price prediction methodology

The following tools and instruments were used for making the prediction:


Basic instruments of technical analysis. The forecast relies on basic technical indicators. The analysis was performed mostly on medium and long-term time frames for more accurate results.

Chart analysis. Analysis comprises a review of key levels of support, resistance, trend lines, as well as patterns formed on different time frames.

Statistical tools help evaluate a probability of a fundamental factor that could impact the price, its nature and intensity of impact.

Methods of mathematical and statistical analysis; modeling, adaptive forecasting methods.

Expert opinions and consensus forecast.

NOTE!

This forecast is based on current information and data of previous periods. Emergence of strong fundamental factors capable of radically changing the overall market trend and subsequent price trend is possible. The forecasts are updated regularly based on the latest data.

This article is created for informational purposes only and does not constitute investment advice. Be aware of the high volatility of cryptocurrencies and consider these risks when making investment decisions.

FAQs

What will algo be worth in 5 years?

Based on Algorand price analysis in 2029, the following minimum and maximum values of ALGO price are expected: $0.7829 and $0.8662.

How much is Algorand worth in 2025?

According to the forecast of Traders Union analysts, Algorand may cost $0.3207 by the beginning of 2025.

What will the price of Algorand be in 2030?

Based on the forecasting model used, Algorand will cost between $0.7928 and $1.1664 in 2030.

Can $100 go Algorand?

Algorand will not hit $100 for the foreseeable future. This can only happen if the industry starts to develop rapidly and Bitcoin reaches the level of $100,000 per coin.

Why do the ALGO price predictions of analysts differ?

Analysts use different prediction models and therefore the results may differ significantly.

What impacts Algorand price (ALGO/USD)?

Algorand price is formed at the cryptocurrency exchanges and in over-the-counter trading. The demand and supply is formed by private and institutional investors and also miners.

When is the good time to buy Algorand?

You can use TU signals, which are based on indicators. In this case, the chances of a successful transaction will increase to an extent. However, even then you should not ignore the rules of risk management. It is not advisable to buy Algorand using margin funds, or to invest more than you can afford to lose.

Will Algorand price only grow in the future?

Long-term forecasts for this cryptocurrency are positive, however nobody can guarantee growth. The price may increase, but may also drop.