Akash Network (AKT) is testing key resistance levels as the cryptocurrency market experiences a bullish trend. Bitcoin and Ethereum have surged by over 9% and 12% respectively in the past week, boosting market sentiment. AKT has rebounded from a falling wedge pattern's lower boundary near $0.95, climbing to approximately $1.06.
The 100-day moving average at $1.18 is a critical level for AKT, with a potential breakout above this point targeting $1.50, indicating a possible 40% upside from current prices. Traders are closely watching this level for confirmation of a sustained upward move.
Akash Network (AKT) Eyes Breakout Amid Bullish Crypto Market
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