Algorand USD technical analysis
Technical analysis of Algorand USD (crypto) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
What is Algorand USD
Algorand (ALGO) is the native cryptocurrency of the Algorand blockchain, a distributed network designed for value transfer and smart contract execution. The ALGO token is used as a medium of exchange and for participation in the network's consensus mechanism. As a financial instrument, ALGO-USD represents the price of Algorand expressed in US dollars on digital exchange markets.
Description generated automatically from public sources; it may be inaccurate or out of date.
Algorand USD: latest session data
Closing values for September 4, 2026, computed on the last 12 months of prices.
Moving averages
21 sessions
0.09 $
+3.65%
50 sessions
0.09 $
+6.82%
200 sessions
0.10 $
−5.02%
Session levels
s2
0.09
Support
s1
0.09
Support
pivot
0.09
Pivot
r1
0.10
Resistance
r2
0.10
Resistance
How to read it
In the September 4, 2026 session Algorand USD closed lower at 0.09 $, −2.56% versus the previous session.
The price sits mixed against its moving averages: +3.65% against the 21-session average, +6.82% against the 50 and −5.02% against the 200.
The 14-period RSI reads 55.4, in neutral territory.
MACD stands at 0.002 against a signal line at 0.001: the histogram is positive (+0.000).
ADX reads 23.4, indicating weak directionality.
Levels computed on the latest session place supports at 0.09 and 0.09 $ and resistances at 0.10 and 0.10 $, around a pivot of 0.09.
The average daily range (ATR) is 0.005 $, or 4.93% of price.
Turnover was 36.5M shares, 140% of the 20-session average.
Over the last twelve months the price ranged between 0.08 and 0.14 $, and today stands −34.60% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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How Montbon’s technical analysis works
Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
FAQ about Algorand USD
What technical indicators are commonly applied to the analysis of ALGO-USD?
ALGO-USD is typically analyzed using indicators such as moving averages (SMA, EMA), the RSI (Relative Strength Index) to assess overbought/oversold conditions, and the MACD to identify potential trend changes. Trading volume is particularly relevant in the cryptocurrency market to confirm the validity of price movements.
On which timeframes should ALGO-USD be observed in technical analysis?
Technical analysis of ALGO-USD can be conducted across multiple timeframes: short-term charts (1-hour, 4-hour) are useful for observing intraday movements, while daily and weekly charts help identify medium-to-long-term trends. Combining multiple timeframes provides a more comprehensive view of the price structure.
How are support and resistance levels applied to the technical analysis of a cryptocurrency like ALGO?
Support and resistance levels for ALGO-USD are identified by observing price zones where significant reversals or consolidations have historically occurred. These levels can be determined through previous highs and lows, Fibonacci retracements, or areas of high volume concentration, and are monitored to assess potential price reactions.
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Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.
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