AL

Algorand

ALGO 24 Hour Move
-4.71%
$0.12 → $0.12

Why Algorand is down 4.7% today

Analysis

Algorand (ALGO) fell 4.7% over the past 24 hours, likely reflecting a pullback after the prior sharp rally highlighted in recent coverage. CryptoPotato reported ALGO had jumped 18% in a day amid bullish analyst expectations, and the latest decline appears consistent with profit-taking following that surge.

Contributing Factors (1)

#1
CryptoPotato 1 week ago

Algorand (ALGO) Jumps 18% Daily as Analysts Expect Further Gains Ahead

The cryptocurrency has climbed to its highest level since late January.

Confidence
57%
Read source

Move Details

Asset Algorand
Symbol ALGO
Direction ↓ Bearish
Timeframe 24 Hours
Start Price $0.12
End Price $0.12
Change -4.71%
Detected Apr 5, 2026 4:35 AM

Explanation Confidence

57%

Moderate confidence. Multiple factors may be contributing.