Akash Network (AKT) Approaches Critical Resistance – Is a Bullish Breakout on the Horizon?
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Oct 07 2025Market Performance: The cryptocurrency market is experiencing strong momentum in October, with Bitcoin (BTC) and Ethereum (ETH) rising over 9% and 12%, respectively, boosting overall market sentiment and signaling bullish potential for altcoins like Akash Network (AKT).
Technical Analysis of AKT: AKT is forming a falling wedge pattern on its daily chart, indicating a potential bullish breakout if it can surpass the upper resistance trendline and the 100-day moving average at $1.18, with a target of $1.50 representing over 40% upside potential.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
