Akash Network (AKT) is facing notable price volatility as it navigates through critical resistance and support levels. According to the official information, investors are closely monitoring these fluctuations to gauge potential future movements in the market.
Current Trading Status of AKT
Currently, AKT is trading at approximately 101, reflecting a slight decline of 0.15 over the past 24 hours.
Resistance and Support Levels
The immediate resistance level is set at 127, while support is identified at 77.
Analysts' Predictions
Analysts suggest that if AKT manages to surpass the resistance level, it could aim for a target of 200. Conversely, failure to break through this barrier may lead to further declines in price, prompting traders to remain vigilant in the current market landscape.
Aerodrome Finance recently made headlines as its AERO token experienced a significant price surge, contrasting with the volatility seen in Akash Network's AKT. For more details, see this article.
