Akt bullish rally

in bybit •  3 months ago 

Akt bullish rally

Akt price has rallied by 10% in the past 24 hours.

AKTUSDT.P 4h _2024-08-27_15-47-33_942c0.png

Akt price has rallied by 10% in the past 24 hours and this is due to the upcoming earnings report of Nvidia that has caused A.I cryptocurrency tokens to rally.
Akt price is likely to continue to rally if Bitcoin dominance doesnt affect the price of Akash network.

maverick X post on AKt.png

Maverick X account talks about how Akt is primed for liftoff due to it being influenced along with other crypto A.I tokens on Nvidia upcoming earnings report.

Bybit X post on Akt.png

Bybit official X account has a Bybit learn post on how AKT price pumped by 9.3% after Grayscale spotlight on the Akash network’s A.I decentralization.

AKTUSDT.P 4h _2024-08-27_15-47-33_942c0.png

Price of Akt network on the 4 hour timeframe is bullish with the price above the cloud and the cloud indicators are all bullish.

AKTUSDT.P 1d _2024-08-27_15-48-23_ed645.png

On the 1 day timeframe the conversion line has crossed above the base line and this is a weak buy signal but the price has not broken above the cloud yet.

AKTUSDT.P 1w _2024-08-27_15-48-48_38974.png

On the 1 week timeframe the lagging span has not crossed the price to the downside so the price is still bullish.

AKTUSDT.P 1month _2024-08-27_15-49-47_31d67.png

Akt on the 1 month timeframe despite the price dump is still bullish since the lagging span has not crossed the price to the downside.

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