CandleFocus

AKT Breaks $4 Mark: Can Akash Network Hit New 52-Week High?

The article discusses the recent price action and potential future trend of the Akash Network (AKT) token. The token has experienced a bullish reversal, surpassing multiple resistance levels and reaching $4.2037. The ongoing bull run has resulted in a 103% gain over the past 16 days. Technical indicators suggest a strong bullish trend with no divergences. The AKT price aims to reach a new 52-week high and potentially exceed its current all-time high of $8.04. If the bull run continues, the immediate resistance levels for the altcoin are $4.90 and $6.19, but the price targets could shift to $8.315 and $12.09. The AKT token has yet to list on Binance, and its listing could bring more liquidity and potentially drive the price higher. The article concludes that the AKT price analysis reveals an upside potential of nearly 200% for the token.

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