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Crypto Trend Analysis Report
Prepared for you on Sunday, May 11, 2025.
Algorand (CRYPTO:ALGOUSD)
Crossroads (+60) - ALGOUSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ALGOUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for ALGOUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ALGOUSD
The long-term trend has been DOWN since Mar 8th, 2025 at 0.23690
The intermediate-term trend has been UP since Apr 21st, 2025 at 0.20015
The short-term trend has been UP since May 8th, 2025 at 0.20485
Smart Scan Analysis for ALGOUSD
Based on our trend formula, ALGOUSD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.24995 | 0.25245 | 0.25245 | 0.24225 | -0.00770 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.24995 | 2025-05-11 05:36:02 |