Renowned analyst Ali has shared a chart of Akash Network's ($AKT) price movement, suggesting that the token is mirroring its early 2022 pattern. The chart shows a dramatic peak followed by a steep drop, similar to what was observed in the first quarter of 2022. Akash's price recently declined to around $1.90, resembling the sharp fall seen in mid-2022. The analysis indicates that the token may experience a short-term bounce before testing even lower price levels. Key resistance levels on the chart suggest potential stabilization between $1.60 and $1.70, but the analyst warns of further potential price declines in the future due to poor sentiment in the larger crypto market. Traders are advised to closely monitor market conditions during this crucial moment.



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