AKTIO/USDT : approaching 5,90 intermediate target - What next?
AKTIO/USDT : approaching 5,90 intermediate target - What next?
Previous analysis : https://www.tradingview.com/chart/AKTIOUSDT/R9GbQ7Qt-AKTIO-USDT-first-target-reached-at-3-15-What-Next/
Context
AKTIO Coin is the native ERC20 coin from Akt . io app available since march on Apple and Google Store (Europe only for now) https://www.akt.io/
- The AKTIO Coin has been launched the 13/04/2022 at 1,09$ on Bittrex exchange (during the Paris Blockchain Week Summit), also accessible on directly vie the exchange on akt . io app. The price action of the AKTIO is positive and will become more and more attractive once it will be released on further exchanges & stacking solution soon regarding the road map, also the commercial success of the app will impact the coin price action with more and more users expected for 2022.
you will find more details here : https://www.akt.io/token-economics
Supply:
Total supply : 100 000 000
Circulation supply : 12 500 000 (12,5%)
Circulation supply January 2023 (32%)
Vesting ICO participant (21 month - released every 3 month) - 18% of the total supply
Vesting reserved (60 month - released every 3 month) - 69,5% of the total supply
The total supply is 10x less than similar project such as Swissborg or Nexo and the progressive vesting schedule calendar will help the coin to progress step by step towards >10$ for 2022 in parallel of the users acquisition. On current level the coin is clearly under-value and offer a nice opportunity to enter in the trade.
Tactical view 1 to 6 weeks (Update)
As long as 3,80 remains support on the short-term (In daily close) a further rise towards 5,90 is likely (Auto-similar move in log scale - blue arrow) before extending the progression towards next target at 9,15$ and 15,80$
New technical element = 3,84 target has been reach - Key 55EMA support the AKTIO at 3,85 and 4,80 key Fibonacci level which can offer a pullback (entry) potential for strong bullish move... but a direct rise can't be ignored in this situation, the momentum is still strong and not exhausted
Enjoy my friends !
Previous analysis : https://www.tradingview.com/chart/AKTIOUSDT/R9GbQ7Qt-AKTIO-USDT-first-target-reached-at-3-15-What-Next/
Context
AKTIO Coin is the native ERC20 coin from Akt . io app available since march on Apple and Google Store (Europe only for now) https://www.akt.io/
- The AKTIO Coin has been launched the 13/04/2022 at 1,09$ on Bittrex exchange (during the Paris Blockchain Week Summit), also accessible on directly vie the exchange on akt . io app. The price action of the AKTIO is positive and will become more and more attractive once it will be released on further exchanges & stacking solution soon regarding the road map, also the commercial success of the app will impact the coin price action with more and more users expected for 2022.
you will find more details here : https://www.akt.io/token-economics
Supply:
Total supply : 100 000 000
Circulation supply : 12 500 000 (12,5%)
Circulation supply January 2023 (32%)
Vesting ICO participant (21 month - released every 3 month) - 18% of the total supply
Vesting reserved (60 month - released every 3 month) - 69,5% of the total supply
The total supply is 10x less than similar project such as Swissborg or Nexo and the progressive vesting schedule calendar will help the coin to progress step by step towards >10$ for 2022 in parallel of the users acquisition. On current level the coin is clearly under-value and offer a nice opportunity to enter in the trade.
Tactical view 1 to 6 weeks (Update)
As long as 3,80 remains support on the short-term (In daily close) a further rise towards 5,90 is likely (Auto-similar move in log scale - blue arrow) before extending the progression towards next target at 9,15$ and 15,80$
New technical element = 3,84 target has been reach - Key 55EMA support the AKTIO at 3,85 and 4,80 key Fibonacci level which can offer a pullback (entry) potential for strong bullish move... but a direct rise can't be ignored in this situation, the momentum is still strong and not exhausted
Enjoy my friends !
CIO & Head of market research (Automata - Vancelian)
vancelian.com/en
vancelian.com/en
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