V0VOLAN

🌆 AKRO- broke above major resistance

Long
BINANCE:AKROUSDT   AKRO / TetherUS
The price broke above major resistance and is now testing it as support. It has been moving in a ascending channel for almost 2 months, and the bottom trendline of the channel is now backing up the horizontal support from previous highs. In case bullish pressure is lost, we can expect the price to find support at 0.3510. But as long as the price remains in the channel there is no reason to assume this is going to happen. Please remember, that if BTC is going to resume its run (and it looks like it is) most altcoins will either dump or go into standby mode.

Entry: buy at current price(0. 40 )

Targets:

TP1: 0.4612
TP2: 0.5983
TP3: 0.6519
TP4: 0.7221
TP5: 0.8856(~130%)

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About AKRO:

Akropolis is a company that operates an Ethereum-based decentralized finance protocol that seeks to provide an autonomous financial ecosystem for saving and growing wealth, including through borrowing and lending. To do so, it offers a series of products including AkropolisOS, a framework for developing for-profit decentralized autonomous organizations, Sparta, a platform for uncollateralized lending, and Delphi, a yield farming aggregator and tool for dollar-cost averaging.

The project uses an ERC-20 token, AKRO , for protocol governance across its suite of products.


Source: coinmarketcap