"What Is Akropolis (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...
The price of the asset has been accumulating for more than two months in the range of $0.0152 - $0.0274
At the current moment, there is a retest of the upper border of the range - the level of $0.0274
Volumetric and cluster analysis shows an increase in the number of purchases. Large purchases are between $0.021 - $0.026
AKRO is within the consolidation range.
Cluster analysis shows an increase in buying volume.
It is possible to connect to the trend in the range of $0.0185 - $0.0195
It's rational to place the stop loss under the level of $0.0152.
Objectives by levels:
Good luck and watch out for the market
P.S. This is an...
Possible breakout is to occur with a nice invesrse head and shoulder forming from its rejection to the demand zone. If we create higher highs we will see recent high re-visited. If we create lower lows we will see the bottoms again.
Not sure why, but AKRO is getting a lot of buying volume in the past 16 hrs. It is just about to break out above the 24 hr EMA ribbon and the MACD crossed on the daily time frame. Could see a pump coming - it is 125% down from its ATH.
*Not financial advice*
AKRO price returned to the main trading range of $0.0684 - $0.0792
Cluster analysis shows the increased interest of buyers.
One can search for a position opening in the range of $0.0700 - $0.0731
Stop-loss shall be placed under the level of $0.0618
Targets by Fibonacci extension levels
Good luck and watch...