{"id":432473,"date":"2023-08-23T17:14:36","date_gmt":"2023-08-23T17:14:36","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=432473"},"modified":"2023-08-23T17:14:36","modified_gmt":"2023-08-23T17:14:36","slug":"akropolis-price-prediction-akro-flat-at-0-01215-are-defis-underdogs-making-a-comeback","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/akropolis-price-prediction-akro-flat-at-0-01215-are-defis-underdogs-making-a-comeback","title":{"rendered":"Akropolis Price Prediction: AKRO Flat at $0.01215 \u2013 Are DeFi’s Underdogs Making a Comeback?"},"content":{"rendered":"

The Defi protocol Akropolis AKRO has slightly declined today following its impressive price movement in the past few weeks. <\/span>At 7:11 EST, AKRO’s price is down by 4% and is trading at $0.01172.<\/span><\/p>\n

The trading volume of the asset is down by 67% in the last 24 hours. While the bears celebrate control over the DeFi<\/a> coin, will the bull regain enough momentum to facilitate a rebound?<\/span><\/p>\n

Akropolis AKRO’S Price Trends Suggests Buyer Dominance in Past Week<\/h2>\n

AKRO has recorded a significant and rapid price increase, leading it to reach its highest value in 2023. <\/span>In the last 30 days, the price has increased by 154% and 44% in the past week.<\/span><\/p>\n

Technical Indicators Point Toward Bullish Trend Continuation<\/h3>\n

\"Akropolis\"<\/p>\n

As shown on the chart<\/a>, Akropolis’s price is trading above both the 50-day and 200-day Simple moving Averages SMA, indicating a bullish price momentum in the long and short term for the asset.<\/span><\/p>\n

Also, the Moving Average Convergence Divergence MACD trades above the signal line with green histogram bars, further supporting the buyer’s market dominance.<\/span><\/p>\n

Additionally, the Relative Strength Index RSI of 66.05 suggests the market is relatively neutral and hasn’t reached the overbought zone yet. A trend reversal could occur if AKRO trades into the overbought price zone.<\/span><\/p>\n

Information from the above technical indicators denotes that AKRO’s price is still on its bullish price trajectory, and we can see more upside for the asset in the coming weeks.<\/span><\/p>\n

Akropolis Bulls Show Resilience as Price Consolidates Around Resistance Zone<\/span><\/h4>\n

\"Akropolis\"<\/p>\n

The chart illustrates that AKRO’s price declined quickly after reaching the $0.01316 resistance zone. <\/span>The asset is consolidating around this zone, with buyers hoping to increase the price.<\/span><\/p>\n

If the sellers nullify the current buy pressure, AKRO’S price could retest its previous support zone of $0.00837, indicating a short-term bearish price movement for the asset.<\/span><\/p>\n

However, market observers and Defi enthusiasts are positive for a bullish market outlook for the asset in the coming weeks. <\/span><\/p>\n

yPredict Reaches $3.5m Milestone in Presale Round<\/h3>\n

YPredict<\/span><\/a> has amassed over $3.5 million in funding; the presale demonstrates encouraging indicators of the token’s prospective worth. <\/span>The ongoing presale has designated 80 million tokens, with a hard cap of $6.5 million.<\/span><\/p>\n

yPredict represents a groundbreaking decentralized system that employs blockchain to establish a transparent and secure prediction market.<\/span><\/p>\n

yPredict’s concept revolves around harnessing the power of artificial intelligence (AI) to enhance trading choices. The platform brings together a community of AI and machine learning (ML) professionals, financial quantitative analysts, and traders.<\/span><\/p>\n

Built on the Ethereum blockchain and powered by the YPRED token, this platform seeks to offer individuals a decentralized substitute for conventional prediction markets.<\/span><\/p>\n

It uses smart contracts and allows users to predict market movements or better trading decisions.<\/span><\/p>\n

Features and Tokenomics of yPredict Ecosystem<\/span><\/h3>\n

The yPredict analytics system includes a variety of functionalities, including identifying patterns, analyzing sentiment, examining indicators, and reviewing transactions. <\/span><\/p>\n

The platform utilizes a freemium pricing strategy, providing three membership levels: free, active, and pro trader.<\/span><\/p>\n

Within the platform’s ecosystem, the marketplace allows financial data scientists to vend their predictive model outcomes via a monthly subscription service, delivering advantages to scientists and traders.<\/span><\/p>\n

The marketplace, endorsed by the yPredict Decentralized Autonomous Organization (DAO), presents analyses by esteemed AI specialists and quantitative analysts on prevailing market patterns.<\/span><\/p>\n

Central to the yPredict ecosystem is the $YPRED token, serving various functions. Users must possess $YPRED tokens to utilize yPredict’s tools and data insights. <\/span><\/p>\n

These tokens are integral to a subscription model with three tiers, granting users access to data-fueled insights into the cryptocurrency market, personalized trading tools, and a marketplace for model predictions.<\/span><\/p>\n

Tokens holders will receive 10% of each fresh subscription registered on the platform, cultivating a spirit of collective advancement. <\/span><\/p>\n

Furthermore, 15% of all exchange fees are divided among token holders who have staked their tokens via a staking pool, enabling users to earn passive earnings. <\/span><\/p>\n

The possibility of achieving a robust annual percentage yield (APY) further enhances the appeal of these tokens. <\/span>The demand for the $YPRED token is swiftly increasing, and individuals keen on joining the presale can do so by visiting this <\/span>website.<\/span><\/a><\/p>\n

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