Akash Network

Artificial Intelligence

Oasis

The post <a href="https://coinpedia.org/price-analysis/rose-and-akt-tokens-to-surge-20-this-week-as-ai-tokens-regain-momentum/">ROSE And AKT Tokens To Surge 20% This Week As AI Tokens Regain Momentum?</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a> 
With the increased price volatility in the crypto market, the <a href="https://coinpedia.org/price-prediction/bitcoin-price-prediction/" target="_blank" rel="noreferrer noopener">Bitcoin price</a> has successfully reclaimed the $69,000, resulting in a bullish rebound. Moreover, top altcoins have followed in their footsteps and displayed a similar trend in their respective portfolios. 
Will the Artificial Intelligence (AI) category record a strong bullish bounce back this week amid increased price volatility in the cryptocurrency market? 
Dive in as, in this article, we have covered the short-term analysis and price targets for Oasis Network (ROSE) and Akash Network (AKT). 
<h2 class="wp-block-heading" id="h-rose-price-displays-a-bullish-price-action">ROSE Price Displays A Bullish Price Action:</h2> 
The <a href="https://coinpedia.org/price-prediction/oasis-network-rose-price-prediction/" target="_blank" rel="noreferrer noopener">Oasis price</a> continues to display a bullish price action by adding 13.18% within the past day and 16.52% over the past week. Furthermore, the AI token has added 38.58% within the past 30 days, indicating a bullish influence in the crypto space. 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXeF7Rrw97P7dcTJTlNbW0cqrg6QazZgwPhmEablioIo-veHMV0QP5d1BYsQVBxaf6K_b6l5y81ABlrXLHqAfew_LGT-oJ0fBsd9JruhkFEvRhK3TxS9OlSsrybV7vF-TfoJF_McLRMaO3rFB7PJYvsEWWw?key=P_wLyiq2xKQFUGYSJR_X-g" alt="Oasis Network Price Analysis">
 <figcaption class="wp-element-caption">
 TradingView: ROSE/USDT
 </figcaption>
</figure> 
Positively, the Cross EMA 50/200-day displays a high possibility of a Golden Cross in the 1D time frame, suggesting a strong bearish sentiment for the altcoin this week. 
The technical indicator, RSI, shows a constant uptrend toward the overbought range, indicating an increase in the buying-over-selling pressure in the crypto space. Moreover, the average displays a bullish convergence, suggesting a positive outlook for the Oasis coin price in the coming time. 
If the market holds the <a href="https://markets.coinpedia.org/oasis-network/" target="_blank" rel="noreferrer noopener">ROSE price</a> above the support level of $0.11320, the bulls will regain momentum and prepare to test its upper resistance level of $0.161. Conversely, a bearish reversal could pull the Oasis Network price toward its crucial support level of $0.08775 this month. 
<h2 class="wp-block-heading" id="h-akash-network-akt-price-analysis">Akash Network (AKT) Price Analysis:</h2> 
After recording a correction of 26.46% by trading under a bearish sentiment over the past month, the <a href="https://coinpedia.org/price-prediction/akash-network-akt-price-prediction/" target="_blank" rel="noreferrer noopener">AKT price</a> has displayed a positive price action by adding approximately 4% to its portfolio within the past 24 hours. 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXeH1ltd9xbRC5_nrwYdGakGE1fHasvUpaMuM9rdQuKhcLB-89tcoRJufe_hO9Mk61JALhsPVDmKIqvVSFa7Z5q_TrhZ1FDlphX9w-r4wEeiR8SzVvHR27k9WuZ78Iueb-Vu1P-4SbcSuevR_1eMiBgMOtU?key=P_wLyiq2xKQFUGYSJR_X-g" alt="Akash Network Price Analysis">
 <figcaption class="wp-element-caption">
 TradingView: AKT/USDT
 </figcaption>
</figure> 
The Moving Average Convergence Divergence (MACD) displays a constant decline in the red histogram, indicating an increase in the buying pressure in the market. Moreover, the average shows a recovery in the chart, suggesting a high possibility of a bullish reversal during the upcoming weeks. 
If the market pushes the AKT crypto above the resistance level of $4.327, the bulls will regain momentum and prepare to test its upper resistance level of $6.20. However, if the bears overpowered the bulls, the <a href="https://markets.coinpedia.org/akash-network/" target="_blank" rel="noreferrer noopener">Akash Network price</a> will test its support level of $3.212.

ROSE And AKT Tokens To Surge 20% This Week As AI Tokens Regain Momentum?

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