Akash NetworkGiá lên
What Does AKT Price Structure Highlights On Daily Time Frame
What Does AKT Price Structure Highlights On Daily Time Frame? Let's Decode!
The AKT/USD on Coinbase opened at $5.50 on March 19th, 2024. The current price has traded nearly 37% down, and from the peak generated of $6.90 on April 23rd, AKT traded nearly 50% down. While it attained its lowest on the chart on June 18th, 2024, at $2.434, and from this low, the AKT has traded nearly 35% higher.
Looking at a broader picture, it represents a bullish pattern breakout, precisely the falling wedge pattern, where the breakout popped out on June 28th, 2024, and rose briefly until $3.95. Where this brief upward journey got a brake as BTC slipped fast, and by July 5th, the price dipped back to $2.45.
From there onwards, the BTC sustained, and so did the broader market and AKT. However, due to the lack of liquidity present, the price trades beneath the 50-day EMA, acting as one of the dynamic interactions flowing with a price.
However, some bull's presence has been observed on the chart, and the MACD had a bullish cross. The RSI stands top of 14-SMA at 49.30. Thus, the indicator signifies that there is slight bullishness with low liquidity, keeping the asset in a sideways range.
The AKT/USD on Coinbase opened at $5.50 on March 19th, 2024. The current price has traded nearly 37% down, and from the peak generated of $6.90 on April 23rd, AKT traded nearly 50% down. While it attained its lowest on the chart on June 18th, 2024, at $2.434, and from this low, the AKT has traded nearly 35% higher.
Looking at a broader picture, it represents a bullish pattern breakout, precisely the falling wedge pattern, where the breakout popped out on June 28th, 2024, and rose briefly until $3.95. Where this brief upward journey got a brake as BTC slipped fast, and by July 5th, the price dipped back to $2.45.
From there onwards, the BTC sustained, and so did the broader market and AKT. However, due to the lack of liquidity present, the price trades beneath the 50-day EMA, acting as one of the dynamic interactions flowing with a price.
However, some bull's presence has been observed on the chart, and the MACD had a bullish cross. The RSI stands top of 14-SMA at 49.30. Thus, the indicator signifies that there is slight bullishness with low liquidity, keeping the asset in a sideways range.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.