Algorand / U.S. Dollar (ALGO-USD)Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for ALGO-USD · data as of Jul 14, 2026. The chart above is live; the read below updates daily.

$0.08last close · Jul 14, 202652-week range $0.08$0.19 · 55.98% below the high
Falling Wedge · playing out now

ALGO-USD just broke higher out of a falling wedge — a brief, tidy pause inside a strong run. That's usually a breather before another push up.

On this chart, setups like it have followed through about 59% of the time.

As long as price stays above $0.08, the setup is intact — a daily close back below there is the cue to step away.

A natural first target sits near $0.11 — but moves like this often run further. The simple way to follow the rest is to stay with the 10-day average, and only step aside when a day closes below it.

ALGO-USD falling wedge pattern

ALGO-USD is currently forming a falling wedge on the daily timeframe. Detected Jul 14, 2026.

DirectionBullishTarget$0.11Projected move+31.2%Breakout level$0.08

New to this pattern? What a falling wedge is and how to trade it →

How falling wedges have performed

Win rate
53.9%
Avg return
+0.38R
Backtested trades
13,048

Historical pattern statistics (1986-12-19 – 2026-06-10), not a prediction.

How these backtests work →

ALGO-USD pattern trade history

Every completed pattern trade our nightly backtest found on ALGO-USD's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Bullish PennantMay 6, 2026 @ $0.12Jun 4, 2026 @ $0.10Loss-1.32R
Falling WedgeMar 10, 2026 @ $0.08Apr 9, 2026 @ $0.11Win+7.67R
Falling WedgeDec 8, 2025 @ $0.14Dec 12, 2025 @ $0.12Loss-1.70R
Falling WedgeSep 22, 2025 @ $0.22Nov 20, 2025 @ $0.14Win+1.73R
Bullish PennantSep 12, 2025 @ $0.25Sep 22, 2025 @ $0.21Loss-1.29R
Bearish PennantAug 29, 2025 @ $0.25Oct 10, 2025 @ $0.17Win+2.06R
Rising WedgeMay 23, 2025 @ $0.22Jun 13, 2025 @ $0.17Win+2.17R
Falling WedgeMar 9, 2025 @ $0.20Jul 17, 2025 @ $0.32Loss-1.10R
Rising WedgeJan 25, 2025 @ $0.40Feb 2, 2025 @ $0.29Win+1.07R
Falling WedgeJan 1, 2025 @ $0.35Feb 2, 2025 @ $0.30Loss-1.27R
Falling WedgeJul 13, 2024 @ $0.14Aug 4, 2024 @ $0.11Loss-1.00R
Bearish PennantJun 7, 2024 @ $0.18Jun 14, 2024 @ $0.15Win+1.09R

Recent falling wedges on other charts

DASHhit target +21.5%Jul 13, 2026DVNstopped −5.7%Jul 13, 2026HOODhit target +43.0%Jul 13, 2026IBBhit target +12.0%Jul 10, 2026

Learn about falling wedge

ALGO-USD support and resistance levels

Price found a floor near $0.08 about 3 months ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $0.15 — still about 72% away.

  • Traders commonly watch $0.15 as a target (its 100% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $0.08 floor about 3 months ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

Nearest auto-detected support sits near $0.08, resistance near $0.09. These are chart/swing-derived levels, not formula pivots.

Resistance
$0.09$0.14$0.18
Support
$0.08

ALGO-USD recent daily prices

DateOpenHighLowClose
Jul 14, 2026$0.08$0.09$0.08$0.08
Jul 13, 2026$0.08$0.08$0.08$0.08
Jul 12, 2026$0.08$0.08$0.08$0.08
Jul 11, 2026$0.09$0.09$0.08$0.08
Jul 10, 2026$0.08$0.09$0.08$0.09
Jul 9, 2026$0.08$0.09$0.08$0.08
Jul 8, 2026$0.09$0.09$0.08$0.08
Jul 7, 2026$0.09$0.09$0.09$0.09
Jul 6, 2026$0.09$0.09$0.09$0.09
Jul 5, 2026$0.09$0.09$0.09$0.09

ALGO-USD frequently asked questions

What chart pattern is ALGO-USD forming right now?
As of Jul 14, 2026, TradingPal's detector identifies a falling wedge on Algorand / U.S. Dollar (ALGO-USD) on the daily chart, with a measured-move target of $0.11.
Is a falling wedge bullish or bearish?
The falling wedge detected on ALGO-USD is a bullish pattern, projecting a measured-move target of $0.11. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a falling wedge pattern, and what is its win rate?
Across TradingPal's backtest of the falling wedge family (13,048 trades over 516 symbols), it resolved in the expected direction 53.9% of the time with an average of +0.38R. These are historical statistics, not a prediction.
What are the support and resistance levels for ALGO-USD?
Based on auto-detected, swing-derived levels (as of Jul 14, 2026), ALGO-USD's nearest support is around $0.08 and nearest resistance around $0.09.
What is the price target if ALGO-USD's pattern breaks out?
The detected falling wedge has a geometry-based measured-move target of $0.11 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was ALGO-USD's closing price on Jul 14, 2026?
Algorand / U.S. Dollar (ALGO-USD) last closed at $0.08 on Jul 14, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.

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