Here’s why the TARS AI token price is soaring
TARS AI Token Performance: TARS AI, a Solana-backed AI infrastructure provider, saw its token (TAI) rise by 14.45% on August 20, following the announcement of four new AI products in collaboration with Google, set to launch within the next 30-60 days.
Market Position and Future Prospects: The token has shown resilience by maintaining support levels and breaking above previous resistance, indicating potential for further growth as it aims to bridge AI and Web3, amidst increasing global interest in AI projects.
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Technical Analysis for AKT
Technical Sentiment Analysis for Akash Network (AKT) As of , Akash Network (AKT) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 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 stock.
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 | 0.0846 | 0.169 | 0.253 | 0.337 | 0.42 | 0.505 | 0.588 |
| Fibonacci | 0.169 | 0.233 | 0.272 | 0.337 | 0.401 | 0.44 | 0.505 |
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