Akash Network

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The Graph

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<p><a href="https://coinmarketcap.com/currencies/the-graph/" target="_blank" rel="noopener noreferrer nofollow">The Graph</a> (GRT) has seen its price surge by 11.04% in the past 24 hours, currently trading at $0.3029. The token has been testing a crucial multiple resistance area, and traders are closely watching for a potential breakout.</p>
<p>According to trader <a href="https://twitter.com/WorldOfCharts1/status/1788787215411089727" target="_blank" rel="noopener noreferrer nofollow">World of Charts</a>, a successful breakout above this resistance could lead to another higher high, with a potential move towards $0.50. The trader <a href="https://twitter.com/Allice_Crypto/status/1788756254992597353" target="_blank" rel="noopener noreferrer nofollow">Alice Crypto</a> also notes that GRT has already broken out of a main Falling Wedge Pattern, suggesting a potential gain of up to 70% in the near future.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="580" src="https://captainaltcoin.com/wp-content/uploads/2024/05/image-296-1024x580.png" alt="" class="wp-image-489256" srcset="https://captainaltcoin.com/wp-content/uploads/2024/05/image-296-1024x580.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-296-300x170.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-296-767x434.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-296-1536x870.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-296-2048x1160.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-296-265x150.png 265w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-296-100x57.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-296-618x350.png 618w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-296-788x446.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-296.png 680w" sizes="(max-width: 1024px) 100vw, 1024px">
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<p>Trader Andrew Griffiths has <a href="https://twitter.com/AndrewGriUK/status/1788703729245442216" target="_blank" rel="noopener noreferrer nofollow">identified</a> $0.325 as the bullish trigger for GRT, with a closing or opening above this level signaling a potential uptrend. The key support level is identified as $0.234.</p>
<h2 class="wp-block-heading" id="akash-network-akt-breaks-diagonal-trendline-targets-7-9-12-1">Akash Network (AKT) Breaks Diagonal Trendline, Targets $7.9-$12.1</h2>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="529" src="https://captainaltcoin.com/wp-content/uploads/2024/05/image-295-1024x529.png" alt="" class="wp-image-489248" srcset="https://captainaltcoin.com/wp-content/uploads/2024/05/image-295-1024x529.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-295-300x155.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-295-767x396.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-295-1536x793.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-295-2048x1057.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-295-291x150.png 291w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-295-100x52.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-295-678x350.png 678w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-295-788x406.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-295.png 680w" sizes="(max-width: 1024px) 100vw, 1024px">
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<p><a href="https://coinmarketcap.com/currencies/akash-network/" target="_blank" rel="noopener noreferrer nofollow">Akash Network</a> (AKT) has experienced a 15.63% price increase in the past 24 hours, currently trading at $5.64. The token has broken above a diagonal trendline on the 4-hour timeframe and is now attempting to hold the previous week’s high of $5.095 as support.</p>
<p>TraderAAG <a href="https://twitter.com/TraderAAG/status/1788618794321301831" target="_blank" rel="noopener noreferrer nofollow">suggests</a> that if AKT breaks down from this support, it could retest the trendline, presenting an opportunity to add to positions. Trader Andrew Griffiths has <a href="https://twitter.com/AndrewGriUK/status/1787904171422761451" target="_blank" rel="noopener noreferrer nofollow">identified</a> a cup and handle setup for AKT, with an upside projection between $7.9 and $12.1.</p>
<p>Analyst Decilizer <a href="https://coinmarketcap.com/community/post/336271479/" target="_blank" rel="noopener noreferrer nofollow">notes</a> that AKT is showing strength while Bitcoin weakens, with support solidified at $4.5. The analyst sees a straightforward path towards the $6.2 target, provided Bitcoin’s bullish run continues. Across past scenarios, AKT has delivered a 21x profit.</p>
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<h2 class="wp-block-heading" id="ai-coins-gain-momentum-grt-and-akt-among-top-performers">AI Coins Gain Momentum, GRT and AKT Among Top Performers</h2>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="574" src="https://captainaltcoin.com/wp-content/uploads/2024/05/image-294-1024x574.png" alt="" class="wp-image-489240" srcset="https://captainaltcoin.com/wp-content/uploads/2024/05/image-294-1024x574.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-294-300x168.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-294-767x430.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-294-1536x861.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-294-2048x1147.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-294-268x150.png 268w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-294-100x56.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-294-625x350.png 625w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-294-788x441.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-294.png 680w" sizes="(max-width: 1024px) 100vw, 1024px">
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<p><strong><em>Also read: <a href="https://captainaltcoin.com/does-dogwifhat-wif-and-meme-coins-face-a-new-competitor-this-low-cap-gem-surged-20000/" target="_blank" rel="noopener noreferrer nofollow">Do Dogwifhat (WIF) and Meme Coins Face a New Competitor? This Low-Cap Gem Surged 20,000%</a></em></strong></p>
<p>According to data from <a href="https://twitter.com/LunarCrush/status/1788726397898486077" target="_blank" rel="noopener noreferrer nofollow">LunarCrush</a>, AI-related cryptocurrencies are experiencing positive momentum across both social and market metrics. The Graph (GRT) and Akash Network (AKT) are among the top performers in this category, alongside other notable projects such as Render (RNDR), PAAL AI (PAAL), AIOZ Network (AIOZ), Near Protocol (NEAR), Fetch (FET), iExec RLC (RLC), SingularityNET (AGIX), and Arkham (ARKM).</p>
<p>The growing hype surrounding <a class="wpil_keyword_link" href="https://captainaltcoin.com/best-ai-crypto-projects/" title="artificial intelligence" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">artificial intelligence</a> and its potential applications in the blockchain space has been a major driver of the recent price surges in these tokens. As more investors and traders seek exposure to AI-related cryptocurrencies, projects like GRT and AKT are well-positioned to benefit from the increased attention and capital inflows.</p>
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<p>The post <a href="https://captainaltcoin.com/the-graph-grt-and-akash-network-akt-prices-pumping-heres-why/" rel="noopener noreferrer nofollow">The Graph (GRT) and Akash Network (AKT) Prices Pumping: Here’s Why</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

The Graph (GRT) and Akash Network (AKT) Prices Pumping: Here’s Why

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