Akropolis solves a significant issue in existing DeFi lending protocols. Currently, users must deposit a collateral between 150% to 750% of the loan amount (see MakerDAO and Synthetix collateral requirements). Akropolis addresses this issue by allowing users to access undercollateralized loans, meaning you only have to deposit 50% of the loan value as...
Substantial falling wedge on AKRO (4H) with roughly 125% target to upside. Certainly, BTC dictates the crypto market movement but some alts have shown their own momentum while BTC goes sideways, AKRO was one of them lately. Defi on Polkadot with relatively better fundamentals, Messari certified project. Do your research before entering, stay safe and don't forget...
bearishfork inplay buy touch of rectangle stop is the bottom of the rectangle akropolis has been very bullish of late my guess would be retest the supplyzone/loomline and continuation
Akropolis is an interesting project and fits the current Defi trend. Liquidity mining incentives are coming soon and i also think Polkadot/Kusama projects will gain a lot of traction! Risky entry and could get rekt pretty hard.
Akro is in the defi space wich is in boom. Monitor Sup lvl and buy in lows. For now am watching. This is just a possibility. Trade with care. No financial advisor.
About Akropollis (AKRO) Akropolis describes itself as a domain-specific financial protocol dedicated to the needs of the informal economy. It is designed to: Enable anybody to quickly set up, operate, and grow informal autonomous financial organizations (AFOs) (e.g. digital co-ops, guilds, mutuals). Enable an interoperable scalable network where value can be...
I see clearly 3 green(or white) soldiers pattern on 4h timeframe, which is very good signal of uptrend. I think uptrend will be same as July one, giving approximately 85-90% gains. Buy around 136-145 and sell around 200-220. Keep your stop-loss on 130. Good luck !
So, looking at RSI indicator, I can clearly say that AKROBTC keeps it's uptrend 19 july. Pay attention to RSI, trend line is not broken yet. To continue going up, we have to break 400 price level first, which is 0.5 Fib level. Keep your stop-loss around 310 and take profit around 600-650. Good Luck !