ALGO Crypto Technical Analysis
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Technical Sentiment Analysis for Algorand (ALGO). As of 2026-05-05, Algorand (ALGO) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 8 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for ALGO stands at 61.986, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.00265, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 68.235 and the Commodity Channel Index (CCI) at 115.803 further confirm a 0.0047 outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, ALGO is trading below its 60-day moving average of $0.101 and below its 200-day long-term moving average of $0.121. Key price levels to watch include the immediate resistance at $0.122 and strong support at $0.106. A break above $0.122 could signal a bull continuation, while falling below $0.106 may test the next Fibonacci floor at $0.0975.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0892 | 0.0975 | 0.106 | 0.114 | 0.122 | 0.13 | 0.138 |
| Fibonacci | 0.0975 | 0.104 | 0.108 | 0.114 | 0.12 | 0.124 | 0.13 |
2026-05-05
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 61.986 |
| Stochastic Oscillator | 68.235 |
| Stochastic RSI | 60.016 |
| Commodity Channel Index (CCI) | 115.803 |
| Awesome Oscillator | 0.00119 |
| Momentum | 0.0047 |
| MACD | 0.00265 |
2026-05-05
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 0.113 | Buy |
| 10-Day | 0.114 | Buy |
| 20-Day | 0.11 | Buy |
| 60-Day | 0.101 | Buy |
| 200-Day | 0.121 | Sell |
| 250-Day | 0.141 | Sell |