AI Tokens Dominance Surge! Will RNDR, GRT, And FET Lead The Upcoming Bull Rally?
- AI Tokens Surge: AI-based cryptocurrencies like RNDR, GRT, FET, and AKT have seen a strong bullish reversal in the past 24 hours due to Nvidia's success.
- RNDR Token Analysis: RNDR token is testing its crucial support level of $7.325 after failing to breach resistance at $11.760; technical indicators suggest a potential bullish trend if it holds above support.
- GRT Coin Price Movement: The GRT coin has shown a 7.32% increase in the last day, hinting at a potential bullish reversal; RSI indicates a positive outlook for the Graph coin price.
- FET Price Analysis: Fetch.ai (FET) price surged by 8% in 24 hours after breaking down its crucial support level; MACD suggests mixed sentiment but a potential price increase if it surpasses $1.285 resistance.
- Market Predictions: If bulls maintain momentum, RNDR could test $11.760, GRT might reach $0.2950, and FET could aim for $1.855; however, bearish dominance may lead prices back to key support levels.
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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 | 0.0858 | 0.169 | 0.254 | 0.337 | 0.422 | 0.505 | 0.589 |
| Fibonacci | 0.169 | 0.233 | 0.273 | 0.337 | 0.401 | 0.441 | 0.505 |
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