ALGO has been in a sharp decline over the last 30 days; price now sits above the 30-day low ($0.0992) level.
ALGO — technical analysis
Price and levels
30dThe level named in the sentence above is highlighted.
ALGO technical outlook (daily)
◆ 2/5 indicators bullishOn the daily chart, 2 of 5 tracked indicators for ALGO are bullish; overall they are mixed, with no clear direction. Price is above the 200-day average (+3.7%), and the 50-day average is above the 200-day. Daily RSI is 40, in neutral territory. It moved −23.4% over 30 days and +31.9% over 90; price is 44.9% below its 365-day high and 34.5% above its low. Average daily move over 30 days: 2.6%. This is not a price forecast; it describes where indicators stand now.
| 20-day average | ▼ 0.112059 · price below |
| 50-day average | ▼ 0.111354 · price below |
| 200-day average | ▲ 0.100369 · price above |
| 50 / 200 cross | ▲ 50 above (golden-cross side) |
| RSI (14) | ▼ 40.2 |
| 7 days | −8.1% |
| 30 days | −23.4% |
| 90 days | +31.9% |
| From 365-day high | −44.9% |
Computed from closed daily candles (Binance + OKX + Bybit perpetual median). Describes the indicators' current state; not a forecast or investment advice.
- Trend
- -20.02%
- Funding (annualised)
- ▼ −0.8% · shorts pay
- Open interest
- $3M
- Perp premium
- -0.079%
- 30-day high $0.1328
- recent peak $0.1265
- recent trough $0.1146
- 20-day average $0.1113
- 30-day low $0.0992
How this reading is produced
The trend is the percentage change between the first and last daily close in the selected window. Levels are derived from that same series: the period high and low, the most recent confirmed swing high and low, and the 20- and 50-day averages. Levels closer than 1.5% to each other are merged, keeping the stronger source. The level named in the sentence is chosen by source strength weighted by proximity to spot — not simply the nearest one.
FAQ
- ALGO outlook: where do the technicals stand now?
- On the daily chart, 2 of 5 tracked indicators for ALGO are bullish; overall they are mixed, with no clear direction. Price is above the 200-day average (+3.7%), and the 50-day average is above the 200-day. Daily RSI is 40, in neutral territory. It moved −23.4% over 30 days and +31.9% over 90; price is 44.9% below its 365-day high and 34.5% above its low. Average daily move over 30 days: 2.6%. This is not a price forecast; it describes where indicators stand now.
- What does this page show?
- A technical analysis: where the price sits relative to levels derived from its own recent history, plus funding, open interest and the perpetual premium. It states conditions, not recommendations.
- Can this be traded on-chain?
- It trades as a perpetual future on the Hyperliquid order book, with the maximum leverage shown above. The premium figure is the gap between the perpetual price and its reference price.
- What does the funding rate mean?
- Funding is the periodic payment between long and short holders. A positive rate means longs pay shorts, which happens when the crowd leans long. A negative rate means the opposite.