Experts Identify High-Potential Altcoins for the Next Bull Run
- Cryptocurrency Market Overview: The cryptocurrency market has been stable, prompting experts to suggest it's a good time for investors to explore high-potential altcoins for the next bull run.
- Morpheus Labs (MIND): Morpheus Labs aims to simplify Blockchain and dApp creation through its Blockchain-as-a-Service network, offering low-code tools and AI-powered services with significant growth potential.
- Akash Network (AKT): Akash Network operates a GPU marketplace for AI and DePIN networks, experiencing price surges after listing on Upbit, offering cost-effective decentralized GPU rental.
- Quant (QNT): Quant provides Blockchain solutions via its Overledger platform connecting various Blockchains, showing growth potential despite being below its all-time high.
- Oraichain (ORAI): Oraichain offers AI oracles enhancing data quality and security, integrating AI with Web3 and supporting tokenization of real-world assets, showing impressive growth in the past year.
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Technical Analysis for AKT
Technical Sentiment Analysis for Akash Network (AKT). As of , Akash Network (AKT) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 4 indicators are flashing buy, while 2 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for AKT stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, AKT is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Akash Network (AKT) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.22 | 0.257 | 0.292 | 0.329 | 0.364 | 0.401 | 0.436 |
| Fibonacci | 0.257 | 0.285 | 0.302 | 0.329 | 0.357 | 0.374 | 0.401 |
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