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Akash Network jumps 14% as altcoins rally with Bitcoin's 2.5% rise, eyeing key $0.70-$0.75 resistance zone.

Technical Signals
07 Jun 2026
AMBCrypto
View Source
Bullish
pluang ai news

Akash Network (AKT) surged over 14% in 24 hours following a broader altcoin recovery driven by Bitcoin's 2.5% gain. AKT bounced from a previous resistance level turned support around $0.526 and rallied toward $0.96, with volume and development activity showing signs of improvement. Key momentum indicators like the MACD turned positive, but AKT must reclaim the $0.70-$0.75 zone to confirm a stronger bullish trend. On-chain metrics such as trading volume doubling and rising fee revenue suggest growing network engagement, though sustained growth is needed for a lasting uptrend.

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