• Over the last 24 hours, Akash Network's price rose to $16.30, with AKT still 18% below its previous peak.
• Akash Network hit a high near $6.8576 on April 23, then fell by approximately 46%, stabilizing around $3.70, in line with the 61.80% Fibonacci retracement.
• Recently, Akash Network displayed a Marubozu candlestick and broke a triangle pattern, indicating strong momentum.
• The daily RSI slope shows a bullish divergence, and AKT trading above all moving averages suggests potential for further gains.
• If AKT maintains above the triangle pattern, it could reach $7 initially and potentially $10 in the months ahead.
• As per Coin Gabbar's analysis, a reversal from $6.20 could lead to a drop to $5, potentially reaching $4 due to panic selling.

KEY LEVELS:

RESISTANCE LEVEL: $7.00-$10.00

SUPPORT LEVEL: $4.00-$2.50

Disclaimer: The guidance and chart analysis provided by Coin Gabbar for cryptocurrencies, NFTs, or other decentralized investments are for informational purposes only and not financial advice. Users should conduct their research, exercise judgment, and understand the risks associated with financial instruments. Coin Gabbar is not responsible for any financial losses. Cryptocurrency and NFT markets are highly volatile; users should consult financial professionals and evaluate their risk tolerance before investing.