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AKASH

Akash Network | AKT AKT is pushing new boundaries in the digital currency ecosystem with its massively parabolic growth run at a time when most altcoins are still fighting their individual bears The price of Akash Network is $1.55 today with a 24hour trading volume of $4,545,800. This represents a 12% price increase in the last 24 hours and a 160% price increase in the past two weeks. With a circulating supply of 220 Million AKT, Akash Network is valued at a market cap of $337,030,488 Akash Network is a relatively new protocol with the aim of outcompeting big tech in cloud-related offerings. The protocol has made a significant foothold since its inception, and it has been growing its ecosystem ever since The current growth appears to be triggered by some of the key fundamentals the protocol is exhibiting, including the publishing of its entire Cloudmos code base for the public to see. Investors appear intrigued that Akash Network has what it takes to solidify its foothold as a major contender in the decentralized cloud computing world. next targets are 1.7 and 1.9$ for scalpers, we invest at 0.69$ break out and here we are if you set a right target and stop loss, it could be very rewarding in crypto also if you new to trading then you can count on our experts
by moonypto
2
Akash Network (AKT)Akash Network is an open network that lets users buy and sell computing resources securely and efficiently. Purpose-built for public utility. Leveraging the power of blockchain technology, Akash Network has developed an open-source, decentralized marketplace for cloud computing, offering an unprecedented level of speed, efficiency, and affordability. Anyway, AKT ended the downward move when the price broke the major downtrend line. Then Akash started its upward phase, which took the price up to the ATH slowly but surely. AKT reached the ATH but couldn't break the area; instead, ATK made a retraction to gather momentum. Then Akash started a new upward wave to attack the ATH's horizontal resistance area and break it. Only then can ATK achieve higher targets. Let's see what happens.
CRYPTO:AKTUSD
by SaeedSalehinia
AKTUSD Excellent 3X buy opportunityLast time we looked at Akash Network (AKTUSD) was on August 22 2023 (see chart below) and it followed our pull-back buy approach precisely, hitting our 2.8000 Target with ease: The coin has again started to draw attention as it broke above its 1D MA50 (blue trend-line) for the 2nd time after the bottom on the Higher Lows trend-line of the 1-year Channel Up. With the 1D MA200 (orange trend-line) holding, this break-out confirms essentially the start of the pattern's new Bullish Leg. The first peaked at +678%, the second at +799%, so if that's a progression it is possible to see the third one peaking at +879%. However even if the +678% minimum rise is followed, we are looking at a 3X growth from the current levels. As a result, we set a modest 23.000 medium-term Target on Akash for the next Higher High. It is worth noting also that the 1D RSI gave a clear bottom signal when it hit the 30.00 oversold barrier and rebounded. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:AKTUSDLong
by TradingShot
AKASH/USD (AKT) - Crucial Key LevelsAkash Network (AKT) - has been on a parabolic run this year and has performed very well. Price has managed to hit an all-time high of: "$6.50"! Bears currently atm have driven the price down past support at $4.90 which put's AKT at a major risk if the price continues to plummet past bellow: $3.35 zone. 🟢Line of Support Zone= $3.35 - $3.66 🔴Line of Resistance= $4.43 All-Time High= $6.50🌝 Learn to take profits, don't be greedy! Trade with caution during these dips regardless during a bull run. Not all coins follow with the rally of Bitcoin, so ALT season may not happen until the flow of BTC transfer into ALT's later this year.
CRYPTO:AKTUSD
by Bitcoin_Benny
📈🚀 AKTUSDT Market Update 🌐💹📉 Market Resilience: Despite yesterday's market turbulence, AKT remains robust, surging to new All-Time Highs. 🔄 Historical Retracement Trend: Previous retracements have consistently held above the Ma-200, showcasing strength and sustained momentum. 💪 Current Support and Market Cap: Strong support at $3.00. Market cap at $715 million, consistently rising since October, outperforming Bitcoin. 📈 Potential Breakthrough: Breaking above $3.25 could pave the way for new All-Time Highs. 📊 RSI Insight: RSI rising from the 50 area indicates potential for further upward movement. 📣 Summary: CSEMA:AKT exhibits resilience and strength, reaching new All-Time Highs. Historical retracement trends and solid support levels contribute to positive market sentiment. Breaking $3.25 may signal continued upward momentum. #AKTUpdate #CryptoMarket #AllTimeHigh
Long
by Richtv_official
AKTUSD How to trade a potential break-out or pull-back.The Akash Network (AKTUSD) has been trading within a Channel Up pattern since the February High and the current consolidation and struggle to break above its Higher Highs trend-line, prompts us to consider this as a higher probability of being a top. In addition, the 1W RSI (chart on the right), is vastly overbought above 80.00, hence more likely to need a corrective wave to harmonize this inflated momentum. As a result, we will buy again only after contact with the 1D MA50 (blue trend-line), on the condition that at the time of the contact the 1D RSI is at least at 40.00. If the price closes a 1W candle above the 0.618 Fibonacci retracement level though, we will buy the break-out regardless. In both cases our target is 2.800 (0.786 Fibonacci level and just below Resistance 1). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:AKTUSD
by TradingShot
2
Continued selling pressure TECHNICAL: The price of AKT is testing the 21 Moving Average in a bearish sentiment. Notice the huge spike in selling volume few days ago (it's a daily chart) From my experience such huge selling volume leads to much deeper falls that can last weeks. The price channel is moving south and currently there is no indication that it will change in the near future. Let's revisit this in a few days to see if the 21 MA gets broken to the upside. FUNDAMENTALS: The AKASH validators have voted to substantially reduce staking rewards to cap token inflation but this may turn sour when current stakers decide to leave and future investors will feel disincentivized to invest. This may add to selling pressure. Not financial advice.
KRAKEN:AKTUSDShort
by MT4-trader
1
Akash for the long term - Biggest buying opportunityThe 1, 2 (macro wave) structure, according to Elliott Wave, is almost complete. After Akash made over 2400% with a significant impulse wave right after the launch, we finally see an ABC (macro wave - zig-zag) correction coming to an end. Indeed it was choppy for those who bought the top, but that's why you have to understand structures. There is a falling wedge in the making, and we are still holding one of the critical supports around $0.95, which another dip could happen but starting DCAing here gives a good risk/reward. We are now finally seeing one of the best assets of our lifetime in the Decentralized Cloud Computing Industry at a discounted price. Akash at a 2.6B valuation will be over USD 20.00, and due to fundamentals, it is likely to occur since they are powering blockchains ecosystems such as Polygon, Cosmos, Solana, and more. Disclaimer: THIS IS NOT FINANCIAL ADVICE. We are long on Akash Network and this chart is only for educational purposes.This helps to understand how Elliot Wave Principle works. This doesn't mean price action will follow exactly precise, but it will give you an idea of the direction of any asset. To learn more about Akash visit: akash.network
ALong
by wolfhodl
2
Akash AKT - good buy at 1.90?Akash Network is the world’s first decentralized open-source cloud, providing faster, more efficient, and lower cost application deployments for high-growth industries including DeFi, decentralized organizations and applications, and machine learning/AI. Akash Token (AKT) is the platform’s native utility token, used as the primary means to govern, secure the blockchain, incentivize participants, and provide a default mechanism to store and exchange value.
ALong
by bigpiranha
2
AKASH 4H CHART - SUNDAY CORRECTION & BULLISH CONTINUATION$AKT sitting in a neutral position Purple boxes represent key support zones Bullish outcome - Push past and test on 50 & 25 EMA Bearish outcome - Sunday retest & accumulation against 06th October daily wick @ $3.1 - $2.9 to confirm a breakout, followed by a continuation of the upward trend As I am PERSONALLY bullish long term on Akash network fundamentals and roadmap, this is listed as a long. EDUCATIONAL ONLY. NOT FINANCIAL ADVICE. DO YOUR OWN RESEARCH.
Long
by saerinox
Akash bullish divergenceAkash is a top project with great fundamentals - web3 cloud provider cheaper than AWS, Google etc. The chart does not look as nice as the fundaments but I think this divergence could play out and we could see AKT hitting the resistance at 4$. Many tokens are staked (42% APY) and the price is therefore easy to manipulate. Volume is also there + there was a big token unlock. I am already long and I will be long for few years to come because the idea is really nice, but I'd add some short-time long as well here. Let's go!
Long
by JanLand