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AKROUSDT

AKRO (Akropolis) Token Analysis 06/01/2022Fundamental Analysis: Akropolis is a company that operates an Ethereum-based decentralized finance protocol that seeks to provide an autonomous financial ecosystem for saving and growing wealth, including through borrowing and lending. To do so, it offers a series of products including AkropolisOS, a framework for developing for-profit decentralized autonomous organizations, Sparta, a platform for uncollateralized lending, and Delphi, a yield farming aggregator and tool for dollar-cost averaging. The project uses an ERC-20 token, AKRO, for protocol governance across its suite of products. Akropolis was first announced in March 2018, launching on the Ethereum mainnet in June 2020. Akropolis was conceived as a distributed savings and pensions fund — a solution to what it described in its initial announcement as ""a looming pension deficit apocalypse"" resulting from the inevitable collapse of state pensions systems. But in August 2020, the company stated that it had shifted its focus to building the underlying framework for such a system by creating AkropolisOS to allow for the rapid launch of for-profit capital pools. AkropolisOS is a Solidity-based, modular framework for the creation and management of distributed capital pools and serves as the base for the company's Sparta and Delphi platforms, with the former providing access to uncollateralized loans. Akropolis has claimed that unlike other DeFi protocols, its products reduce the risk associated with these loans by providing community incentives in the form of AKRO to those who provide accurate risk assessments. The company provided some insight into its business model in December 2018, reporting that it would focus on building a pipeline of institutional partners and clients, developing technology and academic partnerships, and building out the Akropolis ecosystem. It also holds a significant number of AKRO to be used for internal operations such as marketing and partnership building. The Akropolis suite of products utilizes a governance token, AKRO, to help secure its protocol. As an ERC-20 token, AKRO transactions rely on the Ethereum blockchain's proof-of-work consensus algorithm to validate any on-chain records. With a PoW consensus, miners compete among each other to add new blocks to the blockchain, and a majority of all nodes in the network must confirm a record for it to be posted. In August 2019, the smart contracts for AKRO were audited by blockchain security firm CertiK. The company found that the smart contracts — after Akropolis implemented some suggested changes — were ""structurally sound and not vulnerable to any classically known anti-patterns or security issues."" In August 2020, Akropolis reported that there had been several attempted, but unsuccessful, hacks of its smart contracts. As a result, it moved all unlocked ARKO still in smart contracts to custodial wallets with higher-grade, institutional security. Later that month, it announced a bug bounty program, with rewards paid in AKRO or stablecoins to those who report a previously undiscovered security flaw. Akropoli was founded in 2017 by Ana Andrianova, with Kate Kurbanova joining later as a co-founder. Prior to starting Akropolis and serving as its CEO, Andrianova co-founded and was managing director of Apiro Capital, a data- and technology-driven investment management firm, in addition to founding private equity advisory firm Sirin Capital. She has additional investment experience from serving as a fund manager for the Lehman Brothers and an emerging markets hedge fund analyst for Emergent Asset Management, where she was responsible for private equity fund strategy. In addition, Kurbanova has served as an advisor for The Bee Token, the Web3 Foundation, Tenzorum and OpenMaker. Kurbanova first began with Akropolis in January 2018 as an advisor and was officially brought on as a full-time employee in June 2018, recognized for her contribution to the project by being named its co-founder. Prior to Akropolis, Kurbanova was head of analytics at crypto-asset intelligence company Cindicator, where she developed research tools and methodologies as well as co-authored the company's CND token model and white paper. She has also served as a community and product advisor for Svandis. Akropolis has a fixed maximum supply of 4 billion AKRO tokens. The company carried out two initial private token presales between January 2018 and June 2018. The first round was for investors, advisors and strategic partners, while the second was for active community members. The two sales combined represent 22.5% of the total token supply, and the AKRO sold was locked up for two months following its public sale, vesting monthly for another 12 months. 460 million AKRO — 11.5% of the total supply — was released to form the initial circulating supply once the token was listed publicly on cryptocurrency exchange Huobi Global in July 2019, with 8% going to the exchange and 3.5% going to the company. All additional AKRO was subject to lock-up periods following its public listing on the exchange. 9.5% was reserved for team members and advisors, with a one-year lock-up and vesting monthly for 12 months — later extended to January 2021; 14% for marketing and community initiatives, with a two-month lock up and vesting 2%, 1.5%, 1%, 2.5%, 4% and 3% of the total supply each month, respectively; and an additional 42.5% for the company, with 40.5% having a one-year lock-up and vesting monthly over two years, and 0.5%, 0.5% and 1% of the total token supply being unlocked after 90, 120 and 180 days, respectively. Updates to Akropolis' vesting schedules are made publicly available on an online spreadsheet. The current CoinMarketCap ranking is #499, with a live market cap of $75,040,548 USD. It has a circulating supply of 3,481,910,214 AKRO coins and the max. supply is not available. If you would like to know where to buy Akropolis, the top cryptocurrency exchanges for trading in Akropolis stock are currently Binance, FTX, CoinTiger, Huobi Global, and KuCoin. $AKRO | Interview with Ana Andrianova Founder & CEO of Akropolis: www.youtube.com some more Fundamental Analysis on it DOT DeFi: www.youtube.com Technical Analysis: in this chart we can see the price has already retraced to the 78.6% level of its ATH and currently consolidating and Reaccumulating at this level. we have defined a Support level using Price Action Analysis and there are 4 Targets Defined using Fibonacci Trend Based Extension. the 3th Target and above shall gets confirmed if the Trend touches the 2 TP which is 161.8% of the Fibonacci extension level followed by some retracement to the Parallels legs levels and rebunce back up to follow the rest Targets.
Long
by BitonGroup
16
AKROUSDT.1DHello dear friends, *Mars Signals Team wishes you high profits* This is a one day time frame analysis for AKROUSDT.1D We are in the daily time frame. As you can see, the price is fluctuating on its resistance zone, the zone that it could not cross before and caused the fall. We are thinking of friends who don't want to take more risk to save profit and if it can cross this area and stabilize above our first resistance line, it can move to the next resistance line. But we should also expect this, if it cannot stabilize above our first resistance zone, we should expect further decline. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Take care
by MarsSignals
1
AKRO: A Dance with ResistanceAKRO is currently an intriguing player in the cryptocurrency field. It has been interacting closely with a few key price levels, marking the trend in its market dynamics. This comprehensive study of the AKRO market covers the one-hour time frame and employs various technical analysis tools to dissect the trend. The Fibonacci levels play a vital role in defining potential areas of support and resistance. In the case of AKRO, the first Fibonacci level stands at 0.00529, a potential area of resistance if the market moves up. The half-level at 0.00497 serves as a key threshold which the price could use as a support or resistance, depending on the market direction. The zero level is 0.00465, the critical baseline from which we derive our Fibonacci levels. One interesting point of note is the 1.618 Fibonacci level, located at 0.00569. In Fibonacci analysis, this level often indicates a crucial barrier that could act as local resistance. Breaking this resistance could potentially pave the way for an upward price rally. However, if the price gets rejected at this level, a drop could ensue, with the lower Fibonacci levels serving as potential areas of support. Bollinger bands are an excellent tool for traders to gauge market volatility. For AKRO, the upper band currently stands at 0.00522, indicating a potential price peak or resistance. The middle band, which is essentially a moving average, is at 0.00494 and represents a critical price point that the asset could oscillate around. The lower band marks 0.00467, which could serve as potential support or a rebound level during a downward price move. The Relative Strength Index (RSI), a momentum oscillator, measures the speed and change of price movements. It fluctuates between zero and 100, and a reading above 70 typically indicates that the market may be overbought, while a reading below 30 suggests that the market may be oversold. At the moment, the RSI for AKRO stands at 64, meaning the market is leaning towards the overbought zone. This could suggest a potential price pullback, but it's not a standalone indicator for predicting market direction. The volume oscillator is at 19%, showing there is a reasonable amount of trading activity in the AKRO market. The stochastic reading is at 75, another momentum indicator, which suggests that the market is approaching overbought conditions, although the final confirmation will require other indicators or price action patterns to align with this reading. The On-Balance Volume (OBV), sitting at 31 billion, is a technical indicator that relates volume to price change. This high OBV suggests that there is considerable interest in AKRO, which could provide the fuel for a further upward move or signal an imminent price correction if it starts to diverge from the price action. The MACD indicator, designed to reveal changes in the strength, direction, momentum, and duration of a trend in a stock's price, is currently at 0.00007. This positive MACD value suggests that the bulls are in control, but traders should keep an eye on this indicator for potential bearish or bullish crossovers that could indicate a change in the trend. Examining the price action, it's noticeable that the AKRO market has been knocking on the 0.00535 resistance level quite a few times - on June 4th, 5th, 8th, 10th, 13th, 14th, and now, June 15th. This persistence at testing the resistance level could either result in a breakthrough, pushing the price higher, or create a stronger barrier, sending the price for a deeper correction. It's also worth mentioning the Exponential Moving Average (EMA) with a length of 50, which stands at 0.00496. EMAs give more weight to recent prices and react more significantly to price changes, making them a valuable tool for trend analysis. In conclusion, while the market for AKRO seems to be poised for a potential breakout, traders should tread with caution. The multitude of resistance levels above and the overbought readings on various indicators may lead to a pullback. On the flip side, if the market momentum stays strong, and the resistance levels are decisively broken, we could see a robust upward move. As always, it's important to align the technical analysis with prudent risk management strategies. Happy trading!
by ShawnMCR
1
(AKRO) WCA - Inverted Head and ShouldersHello and thank you for taking the time to read my post. Today, we analyze the Akropolis (AKRO) chart with the ticker AKRO/USDT on the weekly scale, focusing on a classic price pattern called "Inverted Head and Shoulders." Inverted Head and Shoulders Pattern: This pattern consists of three parts, always in the same order: the left shoulder, the head, and the right shoulder. These can be sharp or rounded. Ideally, the shoulders should have symmetry, which makes the pattern easier to identify. The bottoms between the troughs form a recognizable trend line. Additionally, we have a trendline called the neckline, which acts as the current resistance line. Technicians refer to this line as the neckline. Ideally, the neckline should be horizontal. Chart Analysis: Upon examining the Akropolis (AKRO) price chart, we can clearly see that this classic price formation is taking shape. The neckline can be found in price terms at 0.00608. We have a clear downtrend, represented by the blue diagonal resistance line, which has been in place since 05/04/2021. All the spikes above the neckline are a good indication that there is extreme price resistance at the neckline, and that a breakout above this neckline is quite significant. So, we are watching closely. The formation can span from weeks to months, making this more of a watch-list candidate than a direct trade. Moreover, the weekly 50 EMA is also moving downwards, providing yet another reason to observe rather than to trade at this time. The pattern exhibits the necessary criteria and symmetry between the lines. Although we cannot predict when or if the price pattern will break out, we can certainly prepare for it. Conclusion: The Akropolis (AKRO) weekly chart showcases a classic Inverted Head and Shoulders pattern with a neckline at 0.00608. Although the exact timing of a breakout remains uncertain, the pattern provides valuable insights into potential market movements. By closely monitoring the neckline, the blue diagonal resistance line, and the downward trending weekly 50 EMA, traders can be better prepared for any potential price action in the future. As always, it's essential to consider risk management and proper position sizing when trading based on chart patterns. Please note that this analysis is not financial advice. Always do your own due diligence when investing or trading. If you found this analysis helpful, please like, share, and follow for more updates. Happy trading! Best regards, Karim Subhieh
by KarimSubhieh
2
AKRO: The Rollercoaster Ride of Support & Resistance.In our analysis of the AKRO coin, we will explore the key price levels, taking into account a myriad of technical indicators to provide a comprehensive understanding of the asset's current position and potential future movements. By blending various indicators into a coherent narrative, we can glean deeper insights into the market dynamics at play. The AKRO coin currently trades at $0.00523, and over the past 24 hours, it has witnessed a 9% increase in value. While this may initially spark optimism among traders, it's important to consider the coin's relative strength index (RSI) of 49, which indicates a neutral market sentiment. As we dive deeper into the chart, we find that the 1-hour timeframe 0 Fibonacci retracement level at $0.00501 acts as a solid support, reinforced by the lower Bollinger band situated at the same price. This confluence of indicators suggests a strong level of buying interest at this key price. The hourly EMA 50 at $0.00517 provides additional support, further bolstering the case for a potential bounce. On the other hand, the 1-hour timeframe 0.5 Fibonacci retracement level at $0.00538, coupled with the middle Bollinger band at $0.00539, presents a local resistance. If AKRO manages to breach this barrier, the next significant resistance can be found at the 1-hour timeframe 1 Fibonacci level of $0.00575, which also happens to be in close proximity to the 24-hour high at $0.00574. This region represents a crucial price zone that needs to be overcome for a sustained bullish momentum. The volume oscillator's current reading at -35% hints at a decrease in trading volume, which could either imply an impending trend reversal or simply a consolidation phase before the next move. The MACD at 0.00003 and the stochastic oscillators at 36.36 also convey a neutral stance, leaving the market's next direction somewhat ambiguous. Lastly, the on-balance volume (OBV) at 28 B is a vital factor to consider, as it measures the cumulative buying and selling pressure. A rising OBV would indicate increased buying pressure, potentially signaling an imminent bullish breakout. In conclusion, the key prices to watch for AKRO are the solid support at $0.00501 and local resistance at $0.00538. A break above the resistance could lead the price towards the next significant resistance at $0.00575, while a break below the support may result in a further decline. With the current mix of indicators portraying a neutral market sentiment, traders should keep a keen eye on these crucial levels and act accordingly as market conditions evolve.
by ShawnMCR
12
✴️ Akropolis Challenges Resistance, Bullish Dominance (575%+)This is the last one so that you can rest easy, Cryptocurrency/Bitcoin/The Altcoins are set to continue with their upward trajectory. This is the log scale chart for AKROUSDT Weekly: - Notice the trading volume. Green easy to spot and plenty, red non existent. Now let's have a look at the MACD: - Notice it hit an All-Time Low in March 2022 and it has been growing since. - Notice that it is trending up, gaining speed, with the histogram green. - Notice all the room that is left available for additional growth. While the RSI is trading above all resistance and hit its highest level since April 2021: Many bullish signals can be found all across if one looks hard enough... I am mapping 576% in the mid-term, long-term there can be more. This is not financial advice. Remember to build a plan before trading, if so you wish. You are an adult and you can do whatever you want. Thank you for reading. You can rest easy... Thanks a lot for your support. Namaste.
Long
by AlanSantana
2
$AKRO/#USDT [#Akropolis]: ResistanceBreakout+ConfirmationWe've detected a Resistance Breakout and Confirmation on the $AKRO/$USDT chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. We may consider buying at the current price zone and targetting higher level. - Technical Metrics: -- Current price: 0.00377 -- 24H Volume: 883,127.8111 USDT -- 24H Price change: 7.714% - Pivot Points - Levels: -- Resistance: 0.00416 | 0.00453 | 0.0053 -- Support:0.00339 | 0.00299 | 0.00222 -- Oscillators: NEUTRAL -- Moving Averages: STRONG_BUY
by Crypto2AF
AKRO Under PressureThe price has already broken past horizontal support ($0.02) and is flirting with the diagonal support (26 Nov to present). Another sudden move by BTC in the wrong direction and AKRO will break diagonal support. Added to this is the fact that AKRO's higher high, higher low trend was recently broken at the beginning of Dec 2021. And the price went even lower on 15 Dec 2021. However, there is bullish divergence on the MACD. But even if AKRO turns around, there is much resistance to break past--thick black lines and pale blue rectangle.
by bjames123
Akropolis AKROUST price with growth starts "the Altseason" ?As we wrote earlier in our BTCUSDT idea: It is very likely that as long as the BTC price moves in a fractal pattern and consolidates for another month, altcoins may start "shooting". Here is the first candidate that caught our eye today - AKROUSDT Nothing special, just x4 growth in a 30min) If the price is held above $0.003, can try to take a long for a small amount of the trade deposit, because the potential for the continuation of the pump is there. To the liquidity zone $0.0125-0.0145 Write in the comments which altcoin you think will "shoot next". And we will make several analyzes of altcoins during this week, which you will write about in the comments. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
32
AKRO dump before pumpBINANCE:AKROUSDT This should be dump before massive rally? Lets take a look ✅Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it. Thank you. Possible Targets and explanation idea ➡️Analysis of local picture. In May dropped under fundamental price. ➡️ Usually after that we come back to test "Buy level" on Take profit indicator 0.0027 level now (line is dynamic) ➡️0.38 and 0.5 level fib now middle term sellers zone and most volume tradable level ➡️Waiting strong signal to buy on Crypto4light "Direction" indicator for confirmation. Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. * Look at my ideas about interesting altcoins in the related section down below ↓ * For more ideas please hit "Like" and "Follow"!
Long
by Crypto4light
2