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Author: Admin | 2025-04-28
Sentiment score of 0.059, a buzz score of 1.06, and a crowd Z score of 0.04, indicating a strong level of investor confidence.AKT’s price has risen to $3.03, reflecting an 11.8% increase in the last 24 hours. Over the past week, AKT has climbed 20.18%, recovering from a low of $1.80 during the market downturn on August 5, 2024. Despite this rebound, AKT remains below its previous high of $3.77 and is approximately 63.7% lower than its all-time high (ATH) of $8.70.Technical Indicators and TrendsExamining AKT’s price charts reveals several key technical indicators:Directional Movement Index (DMI): The positive DMI is at 35.75, well above the negative DMI at 16.59. This suggests strong upward movement in AKT’s price, with recent highs exceeding the lows. The Aroon indicator further supports this positive trend, with Aroon Up at 92.86% surpassing Aroon Down at 42.8%.Trading Volume and Open Interest: AKT’s trading volume has surged by 573.17% to $55.5 million over the past 24 hours. This increase indicates heightened investor activity and interest. Additionally, AKT’s Open Interest-Weighted Funding Rate has been positive for the past two weeks, reflecting growing demand for long positions and a bullish market sentiment.Support and Resistance Levels: AKT has stabilized above the $2.70 level, which has proven to be a significant support point. If the current positive sentiment continues, AKT is likely to approach the next resistance levels at $3.4 and $3.8.Future Prospects for AKTGiven the recent integration with NVIDIA and the favorable market response, AKT’s short-term outlook appears promising. The
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