- AKRO reached a new all-time high of $0.0685
- Bearish AKRO price prediction for 2021 is $0.022.
- AKRO price may also reach $0.5 if it exceeds $0.173 soon.
The cryptocurrency Akropolis (AKRO) took to the skies and reached a new all-time high of $0.06854 on March 19, 2021. Will the Crypto soon reach a new all-time high? Let’s see in this price analysis.
In terms of market position, the market capitalization of AKRO amounts to almost $182 million. Furthermore, AKRO has an average daily trading volume of over $69 million. For interested crypto traders, the crypto trades at exchanges such as Binance, Huobi Global, FTX, BiONE, and HitBTC.
Akropolis is soon going to release a new smart contract for security vulnerabilities and optimizing the Akropolis DApps. Moreover, with these recent developments, is AKRO a good investment in 2021? Let’s find out in this AKRO price analysis 2021 article.
Akropolis (AKRO) Price Analysis
Currently, Akropolis holds the 189th place on CoinGecko. But will the recent development and changes in the blockchain help the cryptocurrency price to reach higher? Let’s proceed to the charts in this AKRO Price prediction article.
In the monthly time frame chart below, we can see the Bullish Flag pattern. Moreover, the Bullish flag pattern is found in markets with strong uptrends. However, they are called bull flags because the pattern looks like a flag on a pole.
As shown above, at the beginning of this, AKRO turned from its bear to bull trend. This shows a high trade volume occurred in that period.
Meanwhile, the relative strength index (RSI) of the AKRO is nearly at its overbought state. For this reason, traders must be careful because AKRO might trigger a price reversal any time, as shown in this AKRO price prediction.
Akropolis (AKRO) Price Prediction 2021
According to CoinGecko, the AKRO price is $0.0672, at the time of writing.
- Resistance Level 1 – $0.099
- Resistance Level 2 – $0.173
- Support Level 1 – $0.040
- Support Level 2 – $0.022
The above chart shows the impressive performance of AKRO in the last few days. AKRO is showing a bullish trend. However, if the trend continues, AKRO will run along with the bulls, overtaking its $0.099 resistance level and climb higher to $0.173.
Moreover, it has a chance to reach $0.5 in the latter parts of this year as well. In contrast, if the investors turn against the cryptocurrency, the bears might take over. More so, the AKRO price might plummet to almost $0.022, a bearish signal.
Disclaimer: The opinion expressed in this chart solely the authors. It is not interpreted as investment advice.
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