Is AKT Price Bears Pushing The Price Down?
Akash network has a market cap of $850 Million and is currently ranked 91st in the cryptoverse. It has a total supply of 388,539,008 AKT in which 61.8% is circulating in the market. The volume of the token price has observed a decline of over 11.5% in the intraday session. AKT token price is currently trading near the value of $3.83 with a decline of 10% in the intraday session.
AKT is currently trading in a bearish parallel channel on the daily chart. It is trading below the 50 and 100 EMA with a negative crossover in the past. The upside trend of the AKT token price can see a halt near the value of $5. Meanwhile the downside trend of the asset price can be seen near $3.
The RSI of the AKT token price can be seen near 27 with a strong downside slope in it. The overall sentiment of the RSI is bearish in nature.
AKT is currently trading in a bearish parallel channel on the daily chart. It is trading below the 50 and 100 EMA with a negative crossover in the past. The upside trend of the AKT token price can see a halt near the value of $5. Meanwhile the downside trend of the asset price can be seen near $3.
The RSI of the AKT token price can be seen near 27 with a strong downside slope in it. The overall sentiment of the RSI is bearish in nature.
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