Price structure shows a breakout of the falling wedge pattern
The AKASH Network has soared 18.40% in the intraday session, with a market cap of $895.36 Million. It has the spot ranked 75th in the top 100 coins on the CoinMarketCap website.
AKT's 24-hour trading volume on all major platforms has reached $84.97 Million with a 75.50% increase. The liquidity is also good as the volume to market cap ratio stands at 9.43%. Overall, out of its 242.071 Million AKT total supply, AKT's 62.30% quantity floats in the circulation. Besides that, its maximum supply has been capped at $388.539 Million AKT.
The Price structure shows a breakout of the falling wedge pattern, supported by dynamic support of the 20-day EMA band on the daily. After a formation of lowest support of $2.50, the price has been up 45% at $3.65. Meanwhile, technical oscillators represented the surge by bullish cross in MACD and RSI recovery from extreme oversold of 25 to the press time at $51.34.
AKT's 24-hour trading volume on all major platforms has reached $84.97 Million with a 75.50% increase. The liquidity is also good as the volume to market cap ratio stands at 9.43%. Overall, out of its 242.071 Million AKT total supply, AKT's 62.30% quantity floats in the circulation. Besides that, its maximum supply has been capped at $388.539 Million AKT.
The Price structure shows a breakout of the falling wedge pattern, supported by dynamic support of the 20-day EMA band on the daily. After a formation of lowest support of $2.50, the price has been up 45% at $3.65. Meanwhile, technical oscillators represented the surge by bullish cross in MACD and RSI recovery from extreme oversold of 25 to the press time at $51.34.