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Akropolis Technical Analysis: AKRO/USD explodes 60% towards $0.036

  • AKRO/USD has seen a massive surge in trading volume hitting $0.036.
  • AKRO is now close to its all-time high of $0.05 in July 2019.
Akropolis Technical Analysis: AKRO/USD explodes 60% towards $0.036
Lorenzo StroeLorenzo StroeIndependent Analyst

Akropolis has been riding the daily 12-EMA for basically a month. AKRO is trading inside a healthy and sturdy daily uptrend and has exploded in the last 24 hours cracking $0.03 after a massive 60% price surge.

AKRO/USD 4-hour chart

AKROUSD

The increasing bull volume is a great sign for AKRO bulls. There are practically no resistance levels to the upside until the all-time high at $0.05. Bulls have established a few support levels on the way up but they can also use the daily 12-EMA and the 26-EMA.

AKRO/USD weekly chart

akrousd

The weekly chart is clearly bullish with an RSI level almost touching 100. The insane explosion in trading volume continues pushing AKRO to new highs every week.

Author

Lorenzo Stroe

Lorenzo Stroe

Independent Analyst

Lorenzo is an experienced Technical Analyst and Content Writer who has been working in the cryptocurrency industry since 2012. He also has a passion for trading.

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