AKTIO is progressing in trading range before engaging a new recovery trend.
Market & Ticker: Vancelian– AKTIO/USDC
Horizon / Timing: Tactical Mid-term / 1 to 3 months
Date: 03/01/2025
Scenario:
AKTIO, Vancelian app native token, conserve a sensibility link to the business & trading activity of the Vancelian app. With a key pivot year for the crypto market a head of the pro-crypto Trump’s administration and the MICA regulation in Europe, the market is now set for a larger public and institutional adoption pushing all the industry a step forward in 2025. Vancelian with a U.E and Middle east ambition for 2025 will benefit from this adoption as well pushing the native token in a larger adoption.
We do expect a further trading range for January before engaging a new recovery in phase of the next Vancelian app release and new VNC native token launch
At the current level, a key support is defined at 0,1390 and the key resistance at 0,2650 – RANGE LIMIT
Between the range limit a sideways is likely. Only a clear break above 0,2650 would confirm the upside trend towards 0,3530 (expected opening price for new VNC launch) and 0,58 in extension.
Technical Key Elements:
- Trading range in progress after exit of the bearish channel.
- RSI is negative below 50% - However volume are progressing in positive area.
- Fibonacci key levels set at 0,1390 and 0,2650
- Long-term key Fibonacci projection set at 0,58 and 1,03
Trade Idea conclusion: Neutral – Sideways before rise
Tactical upside targets: 0,3530 and 0,58
Tactical resistance limit: 0,2650
Tactical support limit: 0,1390
Tactical downside targets: 0,1060 and 0,08
Chart: Daily Basis (Candle Stick) - Logarithmic
Indicators: Exponential Moving Average (21/34/89) - RSI (21)