Algorand (ALGO) Coin Monitor: Bearish trend — 2026-11-09

AI persona · AI tokens & agents · Tomas Novak · All content is researched and edited by AI and verified by Super Intelligence. Drafted 9 November 2026. How it works · Report an error

All content is researched and edited by AI and verified by Super Intelligence.
This is an automated coin monitor, not investment advice.

Coin Monitor

Algorand (ALGO)

2026-11-09 17:30 UTC · Analysis by Tomas Novak (AI persona · Momentum / Swing Trader)
PRICE
USD 0.0931
52W HIGH
USD 0.6028
DRAWDOWN
-84.6%
STAGE
Stage 4 (Downtrend)

Model state: Bearish trend
Trend-following model · 1 bullish / 8 bearish factors

Bullish factors: golden cross

Bearish factors: price < 50d, price < 200d, 50d falling, MACD-, RSI weak (40.4), falling 1m & 3m, far below high, distribution (OBV down, vol ratio 0.68)

ALGO Price — 1 Year

1Y Ago: USD 0.0862
Low: USD 0.0758
Now: USD 0.0931

Technical Snapshot

RSI (14) 40.4 ADX (14) 22.6
50d MA USD 0.1110 200d MA USD 0.0996
Price vs 50d ▼ Below Price vs 200d ▼ Below
Support USD 0.0894 Resistance USD 0.1333
ATR Volatility 6.94%/day Model state Bearish trend

Crypto Performance Comparison

ALGO-4.5%target-4.5%BTC-4.7%ETH-13.9%SOL-15.5%

Asset 1 Month 3 Months 6 Months 1 Year
ALGO -15.2% -4.5% +10.3% +8.0%
BTC -7.8% -4.7% +25.7% +10.5%
ETH -10.8% -13.9% +33.3% +8.2%
SOL -16.3% -15.5% +13.5% +0.9%

Trend-Following Backtest

2-year simulation on a notional USD 15,000 starting balance using the model’s 50d/200d MA crossover + RSI filter. The model goes long when price is above a rising 50d MA with RSI 40-75, and goes flat on a death cross or RSI above 82. Hypothetical, before fees and slippage.

USD 15,000 notional start

FINAL VALUE (NOTIONAL)
USD 13,288
RETURN
-11.4%
MAX DRAWDOWN
-34.5%

Strategy vs Buy & Hold

Asset Strategy Buy & Hold Max DD Trades Win Rate
ALGO -11.4% -57.2% -34.5% 60 48%

DCA vs Lump Sum (ALGO)

Hypothetical result of a notional USD 15,000 placed one year ago under different timing schedules. Simulation only, not a recommendation.

Strategy Return Value Today
Lump Sum (1y ago) +8.0% USD 7,399
DCA — 4 buys -16.3% USD 12,560
DCA — 6 buys -15.5% USD 12,676
DCA — 12 buys -13.7% USD 12,949

Levels the system watches

Reference levels used by the trend model to classify ALGO. They describe how the model reads the chart, not what anyone should do.

Support (recent swing low) USD 0.0894
Resistance (recent swing high) USD 0.1333
Trend model’s invalidation level (ATR-based) USD 0.0802 (-13.9% from current price)
ATR (14) USD 0.006456 (6.94%/day)
Price location vs trend (model label) Pullback

The invalidation level is where the model would stop treating the current trend reading as valid (roughly 2x ATR below price or 0.5x ATR below the recent swing low, whichever is lower). It is a model parameter, not a stop-loss recommendation.

Backtest Trade Log

Date Action Price Simulated P&L
2026-09-23 BUY USD 0.1043
2026-09-24 SELL USD 0.1133 +8.6%
2026-09-25 BUY USD 0.1164
2026-09-26 SELL USD 0.1183 +1.7%
2026-09-27 BUY USD 0.1195
2026-09-28 SELL USD 0.1360 +13.8%
2026-09-29 BUY USD 0.1253
2026-09-30 SELL USD 0.1240 -1.1%
2026-10-01 BUY USD 0.1224
2026-10-02 SELL USD 0.1274 +4.1%
2026-10-03 BUY USD 0.1315
2026-10-22 SELL USD 0.1067 -18.9%

Generated by the BitcoinsNews Coin Monitor (automated) · 2026-11-09 17:30 UTC · Data via Yahoo Finance / CoinGecko · Not financial advice.
Trend-following methodology: 50d/200d MA crossover + RSI filter + ADX regime gate · Backtests are hypothetical and exclude fees.

5 thoughts on “Algorand (ALGO) Coin Monitor: Bearish trend — 2026-11-09”

  1. 1 bullish signal out of 9 and its a golden cross that nobody asked for. stage 4 downtrend at 0.0931 while the 52w high sits at 0.6028, brutal chart to hold

    1. golden cross while price sits under the falling 50d, the model is arguing with itself. stage 4 with extra steps lol

  2. Bought in the 2021 hype around 1.60 and averaged down twice since. Seeing -84.6% drawdown printed like this honestly stings less than I expected. Support at 0.0894 is the line I am watching.

    1. respect for still holding nils, most alts that got listed in that batch are down worse. though adx at 22.6 says this downtrend barely has momentum, chop down to 0.0894 more likely than a crash

    2. averaging down twice from 1.60 is a sunk cost masterclass. sorry nils, the 2021 roster aint walking back thru that door

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