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Bullish

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📈 Prediction (RVN and AKT): 👉 RVN/USDT - #Ravencoin (RVN) is attempting to recover from a local minimum at $0.028 and surpass the 23.6% Fibonacci correction level from $0.058 to $0.028, located at $0.035. Surpassing it would allow the altcoin to break through to $0.039 and $0.043, respectively, solidifying its growth. The MACD is also on the verge of a bullish crossover with green bars on the histogram. Once this occurs, the upward trend will be confirmed. However, if #RVN fails to overcome the 38.2% or 50% Fibonacci levels, it may retract back to the 23.6% line and then test the local minimum. 📊 AKT/USDT - After a recent listing on Upbit, the price of Akash Network (AKT) surged by almost 74% in just one day. However, the rally slowed down afterward, and the altcoin's price retraced by 25%. Currently, #AKT is trading at $4.80, just below the 50% Fibonacci correction line from $6.25 to $3.44. Closing above it would allow the token to surpass the 61.8% Fibonacci level, coinciding with the $5.17 mark. This could help Akash Network rise to $5.50 and beyond. However, if the breakthrough fails, the asset's price risks falling back to $4.10. 👍 Liked the analysis? Share it with others for their insights!

📈 Prediction (RVN and AKT):
👉 RVN/USDT - #Ravencoin  (RVN) is attempting to recover from a local minimum at $0.028 and surpass the 23.6% Fibonacci correction level from $0.058 to $0.028, located at $0.035. Surpassing it would allow the altcoin to break through to $0.039 and $0.043, respectively, solidifying its growth. The MACD is also on the verge of a bullish crossover with green bars on the histogram. Once this occurs, the upward trend will be confirmed. However, if #RVN  fails to overcome the 38.2% or 50% Fibonacci levels, it may retract back to the 23.6% line and then test the local minimum.
📊 AKT/USDT - After a recent listing on Upbit, the price of Akash Network (AKT) surged by almost 74% in just one day. However, the rally slowed down afterward, and the altcoin's price retraced by 25%. Currently, #AKT  is trading at $4.80, just below the 50% Fibonacci correction line from $6.25 to $3.44. Closing above it would allow the token to surpass the 61.8% Fibonacci level, coinciding with the $5.17 mark. This could help Akash Network rise to $5.50 and beyond. However, if the breakthrough fails, the asset's price risks falling back to $4.10.
👍 Liked the analysis? Share it with others for their insights!