Cryptocurrency

Akash Network

Coin

<ul>
 <li>$AKT price experienced a significant inflow post-listing on Upbit Global, indicating the continuation of the ongoing uptrend.</li>
 <li>The <a href="https://www.coingabbar.com/en/crypto-currency/akash-network-akt-prices-usd" title="Akash Network token" class="f-link" rel="noopener noreferrer nofollow">Akash Network token</a> demonstrated resilience above the critical $3 psychological level, aligning with the 50% Fibonacci retracement level.</li>
 <li>Despite a recent dip below the established support trendline, $AKT price remains dominant above the 200-day EMA.</li>
 <li>#Akash Network price action displays a bounce off the trendline, accompanied by a surge in bullish momentum.</li>
 <li>However, AKT price faced resistance at the $6.50 level, as evidenced by a rejection with a long-wick in a daily candle.</li>
 <li>This rejection suggests a potential retest of the $5 support level to confirm sustainability for higher price levels.</li>
 <li>A daily close above the previous all-time high of $6.50 on March 11, 2024, could pave the way for targets at $7.50 and eventually the psychological milestone of $10.</li>
 <li>According to <a href="https://www.coingabbar.com/en/price-prediction" title="Coin Gabbar analysis" class="f-link" rel="noopener noreferrer nofollow">Coin Gabbar analysis</a>,Conversely, a reversal may prompt a retest of the support trendline's bullish integrity.</li>
</ul>
KEY LEVELS :
RESISTANCE LEVEL : $7.00-$10.00
SUPPORT LEVEL : $4.00-$2.50
Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.

Akash Network Price Prediction: Is AKT Set For Epic Rally?

Coingabbar

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