In this Akropolis technical analysis, we will examine the current price action, trading volume, key levels and indicators for AKRO-USDT. Akropolis (AKRO) is a decentralized finance (DeFi) platform that offers a range of financial services, including lending, borrowing, and trading. The platform utilizes blockchain technology to provide secure and transparent transactions, and its native cryptocurrency, AKRO, serves as the primary means of exchange within the ecosystem. Akropolis aims to provide users with a more accessible and user-friendly alternative to traditional financial systems, while also promoting financial inclusion and security.
Akropolis Price Overview:
As of October 02, 2023, Akropolis is trading at approximately 0.00774 USDT. Let’s dive into the detailed price action for AKRO-USDT:
| Metric | Value |
|---|---|
| Open (O) | 0.00625 |
| High (H) | 0.00856 |
| Low (L) | 0.00619 |
| Close (C) | 0.00774 |
| Volume (C) | 4,841,552,030.00 |
- Open (O): The opening price for today’s trading session was approximately 0.00625 USDT.
- High (H): Akropolis reached a daily high of around 0.00856 USDT.
- Low (L): The daily low for AKRO-USDT was approximately 0.00619 USDT.
- Close (C): At the time of analysis, Akropolis is trading near its daily close of 0.00774 USDT.
| Metric | Value |
|---|---|
| 1D Change (%) | 24.04% |
| 3D Change (%) | 24.64% |
| 7D Change (%) | 3.34% |
| 30D Change (%) | -52.89% |
| 90D Change (%) | 43.07% |
| YTD Change (%) | 155.45% |
Over the past three days, AKROUSDT has increased by approximately 24.64%, showcasing increased market volatility. Throughout the last week, it continued to rise, with a gain of around 3.34%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with AKROUSDT maintaining a downward trend of approximately -52.89%, despite intermittent fluctuations. Examining the last 90 days, AKROUSDT has witnessed substantial rise of approximately 43.07%, reflecting strong long-term confidence. Year-to-date, AKROUSDT has steadily increased by around 155.45%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.
Akropolis Live Chart:
You can access a live price chart for AKRO-USDT on various cryptocurrency market websites or trading platforms. These charts provide real-time data, allowing you to track price movements and indicators as they evolve.
Price Volatility and Momentum:
- Volatility score is 1.47974.
- Momentum score is -0.52891.
AKRO USDT Technical Analysis
Akropolis Trading Volume:
The trading volume for Akropolis (AKRO) over the past 24 hours has been significant, with approximately 4,841,552,030.00 USDT traded against AKRO. Elevated trading volume often indicates increased market activity and can be an essential factor to consider in technical analysis.
Moving Averages:
- 50-day Simple Moving Average (SMA): AKRO is currently trading below the 50-day SMA, indicating short-term bearish momentum.
- 200-day Simple Moving Average (SMA): Akropolis is also trading below the 200-day SMA, indicating a negative long-term outlook.
Relative Strength Index (RSI):
- The RSI30 for AKRO-USDT is currently in the neutral zone, around 45.57621. This suggests that Akropolis is in range-bound territory.
Analysis from TradingView:
Our Key Takeaways:
Akropolis (AKRO-USDT) is currently exhibiting signs of short-term bearish momentum, with key support and resistance levels in focus. Traders and investors should closely monitor the USDT monthly resistance level and the USDT support level for potential trading opportunities. Additionally, the neutral RSI and significant trading volume are neutral signals for potential sideways movement.
Disclaimer: The information provided herein, including any technical analysis of cryptocurrencies, is for informational and educational purposes only. It should not be considered as financial advice or a recommendation to buy, sell, or hold any cryptocurrency or make any financial decisions.
Cryptocurrency markets are highly volatile and speculative. Past performance is not indicative of future results, and there are no guarantees of profit or protection against losses. Cryptocurrency investments are subject to significant risks, including but not limited to market fluctuations, regulatory changes, and technological vulnerabilities.
Technical analysis involves the use of historical price and volume data, patterns, and indicators to make predictions about future price movements. It is a subjective and speculative approach to market analysis and should not be the sole basis for making investment decisions.
