# Algorand Rose 8.12% in Snapshot, Still Below $0.13 Resistance

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/33453
Published: 2026-10-16T20:01:56.000Z
Updated: 2026-10-16T20:01:56.000Z
Section: Investing

> ALGO traded at $0.1182671 at 10:45 p.m. ET Oct. 15 (02:45 UTC Oct. 16). An earlier snapshot showed a 2.23% gain over a different rolling 24-hour window.

Algorand (ALGO) traded at $0.1182671 at 10:45 p.m. ET Oct. 15 (02:45 UTC Oct. 16), up 8.12% over the previous 24 hours. The price remained below the $0.13 resistance level in an Oct. 16 technical setup, which marked $0.12 as a pivot.

An earlier snapshot at 9:01 p.m. ET Oct. 15 (01:01 UTC Oct. 16) put ALGO at $0.1181413, up 2.23% over 24 hours. Each percentage reflects a rolling window captured at a different time, so the readings do not cover the same period.

The Oct. 16 setup listed $0.11 and $0.10 as support. Its 14-period daily relative strength index was 54.03. The moving average convergence divergence line and signal were both 0.0028, with a histogram of 0.0000.

The [prior technical scenario](<https://www.tokenpost.com/news/investing/29492>) kept $0.13 in view only if ALGO held above $0.11.



## Links in this article

- [prior technical scenario](https://www.tokenpost.com/news/investing/29492)
