At press time, the Akedo price was trading at $0.004543 with an intraday gain of 100%. Its trading volume has increased by 300% to $84.987M, which showcases that trading activity in AKE coin has increased dramatically. OI has increased by 70% amid this bull run. The funding rate was extremely negative on 6th November morning but the momentum got shifted and the funding rate turned positive. Perpactuals started buying aggressively, which resulted in strong buying pressure.
If buyers remain stronger, then the bearish trend can flip to bullish. On the other hand, if Akedo price slips below the recent low of $0.001877, then sellers could lead the bearish trend.