# Algorand Gains 1.51% as ALGO/USDT Trades Below 0.12 USDT By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/37044 Published: 2026-10-21T21:17:39.000Z Updated: 2026-10-21T21:17:39.000Z Section: Investing > The latest completed USD daily close was $0.113680 on Oct. 20, below the 20-day average of about $0.1197. Algorand (ALGO) gained 1.51% over 24 hours to trade at 0.1145 USDT on Oct. 21, while its latest completed USD daily close remained below its 20-day average. The composite ALGO/USDT quote was recorded at 4:19 p.m. ET (20:19 UTC). The pair had traded between 0.1113 and 0.1168 USDT during the UTC day to that point, with its high below 0.12 USDT. ALGO’s Oct. 20 USD daily close was $0.113680, up from $0.109897 on Oct. 19. It last closed a UTC day above $0.12 on Oct. 11, at $0.126235. The 20-day average of USD closing prices through Oct. 20 was about $0.1197, placing the latest completed close below both that average and $0.12. Bollinger Bands calculated from those 20 closes ran from about $0.1068 to $0.1326. Their width increased from 21.1% of the midpoint on Oct. 19 to 21.5% on Oct. 20, so the latest completed readings showed a slight widening. [An earlier comparison of ALGO’s price with a monthly forecast]() covered the prior price snapshot. The Oct. 21 quote adds a later intraday reading; that day’s UTC daily close had not been recorded at the time of the quote. ## Links in this article - [An earlier comparison of ALGO’s price with a monthly forecast](https://www.tokenpost.com/news/investing/35844)