Akash Network (AKT) Market Update – May 1, 2025
Current Overview:
AKT is showing strong bullish momentum across multiple timeframes with high trading volume and a breakout above key resistance levels. Currently trading above $1.63, the coin appears poised for further upside.
Technical Highlights:
Market Cap: $419M
24h Volume: $228M
Exchanges: Listed on Coinbase, Kraken, Crypto.com, and other U.S.-based platforms
5-Day Chart: Bullish setup; potential move toward $2.00 and beyond
3-Day & 2-Day Charts: Indicate strong continuation pattern; upper targets around $2.30
1-Day Chart: Closed above $1.63, confirming bullish breakout
12-Hour Chart: Breakout confirmation with strong momentum
Entry Zone:
Ideal Entry: Around $1.63–$1.64 (recent breakout zone)
DCA Zone: On any dips above $1.56 support
Targets:
Short-Term Target: $1.90–$2.00
Mid-Term Target: $2.30
Extended Bullish Target (on strong breakout): $2.70–$3.00
Stop-Loss:
Safe SL: Below $1.56
Aggressive SL: Below $1.63 (recent breakout level)
Conclusion:
Akash Network is currently in a strong uptrend with bullish signals across all major timeframes. Holding above $1.63 keeps the trend intact, with realistic upside potential of 20–40% in the coming days. Long-term holders can aim for higher resistance zones near $2.70–$3.00 if bullish structure sustains.
