In the current market conditions, altcoins are showing signs of preparing for a bullish breakout. The market is gaining momentum following recent corrections, and Asian markets are recovering from the impact of geopolitical tensions involving Iran and Israel. There is also potential for a boost in the crypto market with the expected rebound in U.S. markets.

Amidst this environment, the Akash Network and Nervos Network are two altcoins that are presenting promising opportunities. The question arises whether these altcoins will surpass the broader trend and emerge as top performers in a breakout rally. To better understand the potential price movements of AKT and CKB, let's delve into their price action analysis.

Potential for CKB Price to Exceed $0.050

While major altcoins are struggling to reverse their downward trend, the CKB price is at a crucial juncture. Despite a recent 40% pullback from the resistance trendline, the altcoin is currently positioned above the 50-day EMA. Additionally, it remains above the 50% Fibonacci retracement level, suggesting a potential bounce back. At the moment, the CKB price is hovering around $0.021944, trying to stay above the dynamic support of the 50-day EMA. A recovery rally, supported by broader market sentiment, could propel the price towards the psychological barrier of $0.050.

Possibility of AKT Price Reaching $10

The AKT price chart indicates a battle between bulls and bears, with a bearish breakdown of a critical support trendline. Nevertheless, the sharp decline in the altcoin's price has found support at key demand levels. The 43% drop in price has brought the altcoin to the 200-day EMA and a vital demand zone at $3.20. Despite the breakdown, the altcoin has not shown significant momentum to breach the support confluence. An anticipated reversal rally in the AKT price could lead to a resurgence above the broken trendline, potentially avoiding a death cross and signaling a recovery rally. If buyers manage to drive the price above the $6 mark, this could mark a positive turning point.