2024

Akash Network

Resistance

Polygon

<ul class="wp-block-list">
 <li><strong>Bullish AKT price prediction for 2024 is $</strong><strong>3.6740</strong><strong> to </strong><strong>$8.2477.</strong></li>
 <li><strong>Akash Network (AKT)</strong><strong> price might reach $15 soon.</strong></li>
 <li><strong>Bearish AKT price prediction for 2024 is </strong><strong>$0.9207</strong><strong>.</strong></li>
</ul>
<p>In this Akash Network (AKT)<a href="https://thenewscrypto.com/markets/price-prediction/" rel="noopener noreferrer nofollow"> price prediction</a> 2024, 2025-2030,&nbsp; we will analyze the price patterns of AKT by using accurate trader-friendly technical analysis indicators and predict the future movement of the <a href="https://thenewscrypto.com/tag/cryptocurrency/" rel="noopener noreferrer nofollow">cryptocurrency</a>.</p>
<figure class="wp-block-table aligncenter">
 <table>
  <tbody>
   <tr>
    <td><strong>
      <div align="center">
       TABLE OF CONTENTS
      </div></strong></td>
   </tr>
   <tr>
    <td>
     <div align="center">
      INTRODUCTION
     </div></td>
   </tr>
   <tr>
    <td>
     <ul>
      <li>Akash Network (AKT) Current Market Status</li>
      <li>What is Akash Network (AKT)?</li>
      <li>Akash Network (AKT) 24H Technicals</li>
     </ul></td>
   </tr>
   <tr>
    <td>
     <div align="center">
      AKASH NETWORK (AKT) PRICE PREDICTION 2024
     </div></td>
   </tr>
   <tr>
    <td>
     <ul>
      <li>Akash Network (AKT) Support and Resistance Levels</li>
      <li>Akash Network (AKT) Price Prediction 2024 — RVOL, MA, and RSI</li>
      <li>Akash Network (AKT) Price Prediction 2024 — ADX, RVI</li>
      <li>Comparison ofAKT with BTC, ETH</li>
     </ul></td>
   </tr>
   <tr>
    <td>AKASH NETWORK (AKT) PRICE PREDICTION 2025, 2026-2030</td>
   </tr>
   <tr>
    <td>CONCLUSION</td>
   </tr>
   <tr>
    <td>FAQ</td>
   </tr>
  </tbody>
 </table>
</figure>
<h2 class="wp-block-heading" id="h-akash-network-akt-current-market-status">Akash Network (AKT) Current Market Status</h2>
<figure class="wp-block-table is-style-regular">
 <table>
  <tbody style="box-shadow: 0px 2px 4px rgb(3 4 28 / 50%);">
   <tr style="background-color: rgb(2 86 121 / 40%);">
    <td style="border: 1px solid #01557b;">Current Price</td>
    <td style="border: 1px solid #01557b;">$2.58</td>
   </tr>
   <tr>
    <td style="border: 1px solid #01557b;">24 – Hour Price Change</td>
    <td style="border: 1px solid #01557b;">6.33% Down</td>
   </tr>
   <tr style="background-color: rgb(2 86 121 / 40%);">
    <td style="border: 1px solid #01557b;">24 – Hour Trading Volume</td>
    <td style="border: 1px solid #01557b;">$20,601,355</td>
   </tr>
   <tr>
    <td style="border: 1px solid #01557b;">Market Cap</td>
    <td style="border: 1px solid #01557b;">$641,206,889</td>
   </tr>
   <tr style="background-color: rgb(2 86 121 / 40%);">
    <td style="border: 1px solid #01557b;">Circulating Supply</td>
    <td style="border: 1px solid #01557b;">248,285,795 AKT</td>
   </tr>
   <tr>
    <td style="border: 1px solid #01557b;">All – Time High</td>
    <td style="border: 1px solid #01557b;">$8.08 (On Apr 07, 2021) &nbsp;</td>
   </tr>
   <tr style="background-color: rgb(2 86 121 / 40%);">
    <td style="border: 1px solid #01557b;">All – Time Low</td>
    <td style="border: 1px solid #01557b;">$0.1672 (On Nov 22, 2022) &nbsp;</td>
   </tr>
  </tbody>
 </table> <em>
  <figcaption class="wp-element-caption" style="text-align: center;">
   AKT Current Market Status (Source: <a href="https://coinmarketcap.com/currencies/akash-network/" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap</a>)
  </figcaption></em>
</figure>
<h2 class="wp-block-heading" id="what-is-akash-network-akt">What is Akash Network (AKT)</h2>
<figure class="wp-block-table">
 <table class="has-fixed-layout">
  <tbody>
   <tr>
    <td><strong>TICKER</strong></td>
    <td>AKT</td>
   </tr>
   <tr>
    <td><strong>BLOCKCHAIN</strong></td>
    <td>Cosmos</td>
   </tr>
   <tr>
    <td><strong>CATEGORY</strong></td>
    <td>Cloud computing</td>
   </tr>
   <tr>
    <td><strong>LAUNCHED ON</strong></td>
    <td>September 2020</td>
   </tr>
   <tr>
    <td><strong>UTILITIES</strong></td>
    <td>Governance, security, gas fees &amp; rewards</td>
   </tr>
  </tbody>
 </table>
</figure>
<p>Akash Network (AKT) is a decentralized cloud computing platform designed to disrupt the traditional cloud service industry. By utilizing blockchain technology, Akash Network creates a decentralized marketplace where users can buy and sell computing resources. This model aims to offer a more efficient, flexible, and cost-effective alternative to conventional cloud services provided by major players like AWS, Google Cloud, and Microsoft Azure.</p>
<p>The core of Akash Network’s operation is its open-source cloud network, which leverages underutilized server capacity from data centers around the world. This not only maximizes resource utilization but also reduces the cost of cloud computing services. The platform employs a proof-of-stake consensus mechanism to ensure network reliability, performance, and security. This mechanism incentivizes validators to maintain the integrity of the network by staking AKT tokens.</p>
<h2 class="wp-block-heading" id="h-akash-network-24h-technicals"><br>Akash Network 24H Technicals</h2>
<div class="wp-block-image">
 <figure class="aligncenter size-large"><img decoding="async" width="1024" height="385" src="https://thenewscrypto.com/wp-content/uploads/2024/10/image-5-1024x385.png" alt="" class="wp-image-109689" srcset="https://thenewscrypto.com/wp-content/uploads/2024/10/image-5-1024x385.png 1024w, https://thenewscrypto.com/wp-content/uploads/2024/10/image-5-300x113.png 300w, https://thenewscrypto.com/wp-content/uploads/2024/10/image-5-768x288.png 768w, https://thenewscrypto.com/wp-content/uploads/2024/10/image-5-1536x577.png 1536w, https://thenewscrypto.com/wp-content/uploads/2024/10/image-5.png 1792w" sizes="(max-width: 1024px) 100vw, 1024px">
 </figure>
</div>
<p class="has-text-align-center"><em>(Source: </em><a href="https://www.tradingview.com/symbols/AKTUSDT/?exchange=KUCOIN" rel="noopener noreferrer nofollow"><em>TradingView</em></a><em>)</em></p>
<h2 class="wp-block-heading" id="akash-network-akt-price-prediction-2024">Akash Network (AKT) Price Prediction 2024</h2>
<p>Akash Network (AKT) ranks 100th on CoinMarketCap in terms of its market capitalization. The overview of the Akash Network price prediction for 2024 is explained below with a daily time frame.</p>
<div class="wp-block-image">
 <figure class="aligncenter size-large"><img decoding="async" src="https://www.tradingview.com/x/kzwKMc36/" alt="">
 </figure>
</div>
<p><em>AKT/USDT Ascending Triangle Pattern (Source: </em><a href="https://www.tradingview.com/symbols/AKTUSDT/?exchange=KUCOIN" rel="noopener noreferrer nofollow"><em>TradingView</em></a><em>)</em></p>
<p>In the above chart, Akash Network (AKT) laid out an ascending triangle pattern. The ascending triangle is a characteristic pattern of an ongoing bullish trend. This triangle is formed by a horizontal upper trendline that connects the highs and a lower trendline that connects the rising lows.&nbsp;</p>
<p>If the trend breakout at the resistance level, the price will continue to move up in this ascending triangle pattern.</p>
<p>At the time of analysis, the price of Akash Network (AKT) was recorded at $2.58. If the pattern trend continues, then the price of AKT might reach the resistance levels of $3.2679, and $4.7025. If the trend reverses, then the price of AKT may fall to the support of $2.5387, and $2.1684..</p>
<h2 class="wp-block-heading" id="akash-network-akt-resistance-and-support-levels">Akash Network (AKT) Resistance and Support Levels</h2>
<p>The chart given below elucidates the possible resistance and support levels of Akash Network (AKT) in 2024.</p>
<div class="wp-block-image">
 <figure class="aligncenter size-large"><img decoding="async" src="https://www.tradingview.com/x/gEFH1nbC/" alt="">
 </figure>
</div>
<p><em>AKT/USDT Resistance and Support Levels (Source: </em><a href="https://www.tradingview.com/symbols/AKTUSDT/?exchange=KUCOIN" rel="noopener noreferrer nofollow"><em>TradingView</em></a><em>)</em></p>
<p>From the above chart, we can analyze and identify the following as the resistance and support levels of Akash Network (AKT) for 2024.</p>
<figure class="wp-block-table">
 <table class="has-fixed-layout">
  <tbody>
   <tr>
    <td>Resistance Level 1</td>
    <td>$3.6740</td>
   </tr>
   <tr>
    <td>Resistance Level 2</td>
    <td>$8.2477</td>
   </tr>
   <tr>
    <td>Support Level 1</td>
    <td>$1.7420</td>
   </tr>
   <tr>
    <td>Support Level 2</td>
    <td>$0.9207</td>
   </tr>
  </tbody>
 </table>
</figure>
<p class="has-text-align-center"><em>AKT Resistance &amp; Support Levels</em></p>
<h2 class="wp-block-heading" id="akash-network-akt-price-prediction-2024-rvol-ma-and-rsi">Akash Network (AKT) Price Prediction 2024 — RVOL, MA, and RSI</h2>
<p>The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Akash Network (AKT) are shown in the chart below.</p>
<div class="wp-block-image">
 <figure class="aligncenter size-large"><img decoding="async" src="https://www.tradingview.com/x/0DjL5nCm/" alt="">
 </figure>
</div>
<p><em>AKT/USDT RVOL, MA, RSI (Source: </em><a href="https://www.tradingview.com/symbols/AKTUSDT/?exchange=KUCOIN" rel="noopener noreferrer nofollow"><em>TradingView</em></a><em>)</em></p>
<p>From the readings on the chart above, we can make the following inferences regarding the current Akash Network (AKT) market in 2024.</p>
<figure class="wp-block-table">
 <table class="has-fixed-layout">
  <tbody>
   <tr>
    <td><strong>INDICATOR</strong></td>
    <td><strong>PURPOSE</strong></td>
    <td><strong>READING</strong></td>
    <td><strong>INFERENCE</strong></td>
   </tr>
   <tr>
    <td>50-Day Moving Average&nbsp;(50MA)</td>
    <td>Nature of the current trend by comparing the average price over 50 days</td>
    <td>50 MA = $2.5969Price = $2.7326<br><em>(50MA &lt; Price)</em></td>
    <td>Bullish/Uptrend</td>
   </tr>
   <tr>
    <td>Relative Strength Index&nbsp;(RSI)</td>
    <td>Magnitude of price change;Analyzing oversold &amp; overbought conditions</td>
    <td>51.9116<br><em>&lt;30 = Oversold</em><em><br></em><em>50-70 = Neutral</em><em>&gt;70 = Overbought</em></td>
    <td>Neutral</td>
   </tr>
   <tr>
    <td>Relative Volume (RVOL)</td>
    <td>Asset’s trading volume in relation to its recent average volumes</td>
    <td>Below cutoff line</td>
    <td>Weak Volume</td>
   </tr>
  </tbody>
 </table>
</figure>
<h2 class="wp-block-heading" id="akash-network-akt-price-prediction-2024-adx-rvi">Akash Network (AKT) Price Prediction 2024 — ADX, RVI</h2>
<p>In the below chart, we analyze the strength and volatility of Akash Network (AKT) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).</p>
<div class="wp-block-image">
 <figure class="aligncenter size-large"><img decoding="async" src="https://www.tradingview.com/x/PmjAvwXX/" alt="">
 </figure>
</div>
<p><em>AKT/USDT ADX, RVI (Source: </em><a href="https://www.tradingview.com/symbols/AKTUSDT/?exchange=KUCOIN" rel="noopener noreferrer nofollow"><em>TradingView</em></a><em>)</em></p>
<p>From the readings on the chart above, we can make the following inferences regarding the price momentum of Akash Network (AKT).</p>
<figure class="wp-block-table">
 <table class="has-fixed-layout">
  <tbody>
   <tr>
    <td><strong>INDICATOR</strong></td>
    <td><strong>PURPOSE</strong></td>
    <td><strong>READING</strong></td>
    <td><strong>INFERENCE</strong></td>
   </tr>
   <tr>
    <td>Average Directional Index (ADX)</td>
    <td>Strength of the trend momentum</td>
    <td>37.6779</td>
    <td>Strong Trend</td>
   </tr>
   <tr>
    <td>Relative Volatility Index (RVI)</td>
    <td>Volatility over a specific period</td>
    <td>55.60<br><br><em>&lt;50 = Low</em><em><br></em><em>&gt;50 = High</em></td>
    <td>High Volatility</td>
   </tr>
  </tbody>
 </table>
</figure>
<h2 class="wp-block-heading" id="comparison-of-akt-with-btc-eth">Comparison of AKT with BTC, ETH</h2>
<p>Let us now compare the price movements of Akash Network (AKT) with that of Bitcoin (BTC), and Ethereum (ETH).</p>
<div class="wp-block-image">
 <figure class="aligncenter size-large"><img decoding="async" src="https://www.tradingview.com/x/PnhsEZZx/" alt="">
 </figure>
</div>
<p><em>BTC Vs ETH Vs AKT Price Comparison (Source: </em><a href="https://www.tradingview.com/symbols/AKTUSDT/?exchange=KUCOIN" rel="noopener noreferrer nofollow"><em>TradingView</em></a><em>)</em></p>
<p>From the above chart, we can interpret that the price action of AKT is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of AKT also increases or decreases respectively.</p>
<h2 class="wp-block-heading" id="akash-network-akt-price-prediction-2025-2026-2030">Akash Network (AKT) Price Prediction 2025, 2026 – 2030</h2>
<p>With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Akash Network (AKT) between 2025, 2026, 2027, 2028, 2029, and 2030.</p>
<figure class="wp-block-table">
 <table class="has-fixed-layout">
  <tbody>
   <tr>
    <td><strong>Year&nbsp;</strong></td>
    <td><strong>Bullish Price&nbsp;</strong></td>
    <td><strong>Bearish Price</strong></td>
   </tr>
   <tr>
    <td>Akash Network (AKT) Price Prediction 2025</td>
    <td>$16</td>
    <td>$0.9</td>
   </tr>
   <tr>
    <td>Akash Network (AKT) Price Prediction 2026</td>
    <td>$17</td>
    <td>$0.8</td>
   </tr>
   <tr>
    <td>Akash Network (AKT) Price Prediction 2027</td>
    <td>$18</td>
    <td>$0.6</td>
   </tr>
   <tr>
    <td>Akash Network (AKT) Price Prediction 2028</td>
    <td>$19</td>
    <td>$0.4</td>
   </tr>
   <tr>
    <td>Akash Network (AKT) Price Prediction 2029</td>
    <td>$20</td>
    <td>$0.2</td>
   </tr>
   <tr>
    <td>Akash Network (AKT) Price Prediction 2030</td>
    <td>$21</td>
    <td>$0.08</td>
   </tr>
  </tbody>
 </table>
</figure>
<h2 class="wp-block-heading" id="conclusion">Conclusion</h2>
<p>If Akash Network (AKT) establishes itself as a good investment in 2024, this year would be favorable to the cryptocurrency. In conclusion, the bullish Akash Network (AKT) price prediction for 2024 is $8.2477. Comparatively, the bearish Akash Network (AKT) price prediction for 2024 is $0.9207.&nbsp;</p>
<p>If there is a positive elevation in the market momentum and investors’ sentiment, then Akash Network (AKT) might hit $15. Furthermore, with future upgrades and advancements in the Akash Network ecosystem, AKT might surpass its current all-time high (ATH) of $8.08 and mark its new ATH.&nbsp;</p>
<h2 class="wp-block-heading" id="faq">FAQ</h2>
<h4 class="wp-block-heading">1. What is Akash Network (AKT)?</h4>
<p>Akash Network (AKT) is a decentralized cloud computing platform designed to disrupt the traditional cloud service industry.&nbsp;</p>
<h4 class="wp-block-heading">2. Where can you buy Akash Network (AKT)?</h4>
<p>Akash Network (AKT) has been listed on many crypto exchanges which include &nbsp;Gate.io, Coinex, Kraken, Bitrue, and&nbsp; Osmosis.</p>
<h4 class="wp-block-heading" id="h-3-will-akash-network-akt-record-a-new-ath-soon">3. Will Akash Network (AKT) record a new ATH soon?</h4>
<p>With the ongoing developments and upgrades within the Akash Network platform, Akash Network (AKT) has a high possibility of reaching its ATH soon.</p>
<h4 class="wp-block-heading">4. What is the current all-time high (ATH) of Akash Network (AKT)?</h4>
<p>Akash Network (AKT) hit its current all-time high (ATH) of $8.08 on Apr 07, 2021.</p>
<h4 class="wp-block-heading">5. What is the lowest price of Akash Network (AKT)?</h4>
<p>According to CoinMarketCap, AKT hit its all-time low (ATL) of $0.1672 on Nov 22, 2022.</p>
<h4 class="wp-block-heading">6. Will Akash Network (AKT) hit $15?</h4>
<p>If Akash Network (AKT) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $15 soon.</p>
<h4 class="wp-block-heading">7. What will be the Akash Network (AKT) price by 2025?</h4>
<p>Akash Network (AKT) price might reach $16 by 2025.</p>
<h4 class="wp-block-heading">8. What will be the Akash Network (AKT) price by 2026?</h4>
<p>Akash Network (AKT) price might reach $17 by 2026.</p>
<h4 class="wp-block-heading">9. What will be the Akash Network (AKT) price by 2027?</h4>
<p>Akash Network (AKT) price might reach $18 by 2027.</p>
<h4 class="wp-block-heading">10. What will be the Akash Network (AKT) price by 2028?</h4>
<p>Akash Network (AKT) price might reach $19 by 2028.</p>
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<p><em>Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.</em></p>

Akash Network (AKT) Price Prediction 2024, 2025, 2026-2030

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