Akash Network (AKT) is currently priced at $1.051, reflecting a 24-hour change of 2.00635%. The daily range has been narrow, with a high of $1.064 and a low of $1.019, indicating a relatively stable trading environment within the last day.

Volume stands at 4,490,725, with a volume-to-market cap ratio of 1.73%, suggesting moderate trading activity relative to its market capitalization. The hourly moving averages present mixed signals, with the 21 SMA showing a slight uptrend (+0.55%) while the longer-term 144 SMA indicates a downtrend (-2.73%).

The 1-hour RSI is positioned at 59, suggesting a near-neutral sentiment but nearing overbought territory, while the 7-day RSI at 44 indicates a bearish momentum, reflecting weakness in the short-term trend. The 7-day and 14-day price changes are both negative, at -2.78% and -7.35% respectively, highlighting a consistent downward pressure on the price over the past weeks.

Given the all-time high of $8.07 reached in April 2021, the current price represents a significant decline, yet the recent uptick in price may indicate a potential reversal or bottoming out. However, with negative trends in the 7-day and 30-day price changes, the bullish momentum appears insufficient to sustain a significant breakout above current resistance levels.

In conclusion, while there are some indicators of stabilization with recent price action, the overall trend remains bearish, and the mixed signals from moving averages and RSI suggest caution. Therefore, the rating for Akash Network (AKT) is a Hold, as investors may want to wait for clearer bullish signals before committing to new positions.