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ALGO
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Algorand bear market cycles - historical perspective of ALGO bear markets
In this overview, we will show the previous bear markets of the Algorand cryptocurrency - you will see how much ALGO lost during its biggest past bear markets.
Current price and other data:
| Symbol | Price change (1d) | Price (USD) | Price change (1 week) | Sentiment | Sentiment change (1d) | Sentiment change (1 week) | Tweets volume change | Trading volume change | Volatility | MarketCap |
|---|---|---|---|---|---|---|---|---|---|---|
| ALGO | 0.137255 | -8.71 | -9.67 | -0.18 | -0.06 | 0.82 | -3 | 154.2 | 2.35 | 993737295 |
A bull market is a period of general rising prices in the crypto, stock or any other financial market.
A bull market is typically preceded by a bear market and followed by a bear market.
We define a bull market as appreciation of price by more than 30% and bear market a period when the prices fall by more than 30%.
Algorand has experienced 8 bear markets in the past, see chart below:
2019-06-22
2019-08-02
2019-08-12
2019-09-28
2020-02-25
2020-03-17
What is Algorand most negative bear market ?
Algorand most negative bear market started on Jun 22nd, 2019 and ended on Aug 2nd, 2019, lasting for 41 days.
During this time, the price of Algorand decreased from
3.1724 USD to 0.5550 USD, resulting in a return of -82.5 %.
Average compounded daily decrease of price during this period was -4.16% / day.
What is Algorand 2nd most negative bear market ?
Algorand 2nd most negative bear market started on Aug 12th, 2019 and ended on Sep 28th, 2019, lasting for 47 days.
During this time, the price of Algorand decreased from
0.8221 USD to 0.1896 USD, resulting in a return of -76.9 %.
Average compounded daily decrease of price during this period was -3.07% / day.
What is Algorand 3rd most negative bear market ?
Algorand 3rd most negative bear market started on Feb 25th, 2020 and ended on Mar 17th, 2020, lasting for 21 days.
During this time, the price of Algorand decreased from
0.4918 USD to 0.1279 USD, resulting in a return of -74.0 %.
Average compounded daily decrease of price during this period was -6.21% / day.
Returns of previous Algorand bear market cycles
In the following table you can see the previous ALGO bear market cycles, in which period they occurred and what were the returns achieved during each bear market cycle:
| Start Date | End Date | Start Price | End Price | Return (%) |
|---|---|---|---|---|
| 2019-06-22 | 2019-08-02 | 3.1723644756652 | 0.55504196024076 | -82.5 |
| 2019-08-12 | 2019-09-28 | 0.82213780961546 | 0.1896309564836 | -76.9 |
| 2020-02-25 | 2020-03-17 | 0.4917549182938 | 0.12785051419508 | -74.0 |
| 2020-08-14 | 2020-11-04 | 0.65414210023262 | 0.23131442548467 | -64.6 |
| 2021-02-13 | 2021-02-27 | 1.7010463522761 | 0.9736637038941 | -42.8 |
| 2021-04-18 | 2021-04-26 | 1.6893988920123 | 1.0961599742773 | -35.1 |
| 2021-05-08 | 2021-07-21 | 1.5766034546259 | 0.70088296067534 | -55.5 |
| 2021-09-13 | 2021-12-21 | 2.3829234877797 | 1.3022228291842 | -45.4 |
Bull and bear markets of Algorand
See Algorand past bull and bear markets in the chart below:
For more detailed analysis of Algorand past bull and bear markets please subscribe to one of our plans.
