BEAM and AKT Price Targets Identified by Crypto Analysts as the Market Shows Signs of Recovery

Crypto analysts are eyeing potential rebounds for BEAM and Akash Network (AKT) tokens as the market shows signs of recovery. Experts have analyzed the price movements and technical indicators suggesting these assets may be poised for gains in the coming months.

Crypto analysts are keeping an eye on BEAM and Akash Network (AKT) tokens as the market recovers. Experts have analyzed price movements and technical indicators, suggesting that these assets might experience gains in the upcoming months.

BEAM Recovers from Bear Market Lows

BEAM has undergone a significant price correction since March. The token’s value plummeted by nearly 80%, reflecting the broader downturn in the altcoin market. However, recent chart analysis indicates a potential shift.

$BEAMBeam has gone down almost 80% since the high in March, the same as most other altcoins.We reached the bear market lows and bounced from them.Beam is still one of my favorite gaming tokens. I expect it to perform well in the coming months, so I’m currently only buying.

Crypto analyst @Wealthmanagerrr notes that BEAM has rebounded from its bear market lows. This recovery signals a possible change in market sentiment. The analyst identifies $0.019 as the first key resistance level for BEAM.

“BEAM is still one of my favorite gaming tokens. I expect it to perform well in the coming months, so I’m currently only buying,” @Wealthmanagerrr stated in a recent tweet. This optimism stems from BEAM’s recovery and its presence in the gaming sector.

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Akash Networks Promising Outlook

Meanwhile, analyst Alex Cosmonaut highlights a critical resistance level at $4 for AKT. Breaking this barrier could lead to further price appreciation.

According to Cosmonaut’s analysis, if AKT manages to cross the $4 mark, double-digit prices might be on the horizon within the upcoming months. The analyst also notes the weekly MACD indicator, with a bullish crossover potentially confirming the uptrend.

If $AKT went up to $4 soon and it breaks that resistance i think double digits will come in the coming months once the weekly MACD closesI think it’s a once in a lifetime opportunity for those that missed the train on this project pic.twitter.com/a0hX7D4o63

“I think it’s a once-in-a-lifetime opportunity for those who missed the train on this project,” Cosmonaut adds, emphasizing the potential for substantial gains. This statement highlights the perceived value proposition of AKT at current price levels.

Read also: Toncoin Price Prediction: Expert Eyes “An Easy $10” – Will TON Flip SOL and BNB?

BEAM and AKT Prices Show Positive Movements

Both BEAM and AKT have shown positive price movements in recent days. According to CoinGecko data at press time, BEAM trades at $0.01422, showing a 12.96% increase in the last day. The token’s trading volume reaches $33,172,576.

Similarly, AKT has had a notable uptick. The token trades at $2.85, with a 13.29% gain in the past day. AKT’s daily trading volume reaches $30,948,310, indicating strong market interest.

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