AKRO/USDT Technical Analysis and Price Target
Current Price: $0.002326
24h High: $0.002699
24h Low: $0.002010
24h Trading Volume (AKRO): 8.58B AKRO
24h Trading Volume (USDT): 20.02M USDT
Price Change (24h): +4.40%
Moving Averages (MA):
MA(7): 0.002348
MA(25): 0.002325
MA(99): 0.002283
Market Sentiment:
$AKRO /USDT has shown a 4.40% gain in the past 24 hours, with a high of $0.002699 and a low of $0.002010. This signifies notable volatility, and with 8.58B AKRO traded in 24 hours, the market is highly active. The 20.02M USDT trading volume indicates that there is substantial liquidity, which is positive for price movement.
The price is currently above its 7-day moving average of $0.002348, suggesting bullish short-term momentum. The price is also trading close to the 25-day moving average of $0.002325, indicating that it has maintained its upward momentum recently.
Key Levels:
Immediate Support: $0.002244 (Recent support level)
Immediate Resistance: $0.002367 (Resistance zone)
Price Target:
$AKRO has shown positive momentum with a 4.40% increase over the last 24 hours. If the price can break through the immediate resistance at $0.002367, the next target could be around $0.002420–$0.002429. A breakout above $0.002429 could lead to further upside potential, possibly targeting the $0.002600 level, which aligns with the recent high of $0.002699.
Trading Strategy:
Bullish Scenario: A successful breakout above $0.002367 could push the price toward the $0.002420–$0.002429 range. Traders can look for potential buying opportunities near $0.002244–$0.002260 to capitalize on a potential continuation of the upward trend.
Bearish Scenario: If AKRO fails to hold above $0.002244, the price could pull back to test lower levels around $0.002200 or $0.002150, where stronger support might emerge.
Conclusion:
/USDT is showing bullish momentum, with a 4.40% increase over the past 24 hours. If the price breaks above $0.002367, #FranklinCryptoETF #MarketPullback #BinanceAlphaAlert #USJoblessClaimsFall #GrayscaleSUITrust