Despite the current bearish market sentiment, a few cryptocurrencies are defying the trend and showing signs of recovery. The global market capitalization has dropped to $2.41 trillion, and the fear and greed index has plummeted to 53. However, Akash Network (AKT), Shiba Inu (SHIB), and Pepe (PEPE) are bucking the trend, indicating potential recoveries this week.

Akash Network has already begun its recovery journey, gaining 8% in the past 24 hours. After weeks of decline, the network activity has increased, pushing trading volume up by 183%. Technical indicators and moving averages suggest a strong buying zone, with the Relative Strength Index (RSI) indicating buyer dominance.

Shiba Inu, despite being a favorite meme coin, has yet to reach its all-time high. However, the price has started to lift slowly, with a 41% surge in trading volume. Technical indicators hint at a strong buying zone, suggesting a potential recovery.

Pepe, another top performer, has gained 829% in the last six months. Although it has faced a downtrend, bulls are returning, and trading volume has increased by 16%. Technical indicators suggest buyer dominance, with simple and exponential averages indicating buying pressure.

In conclusion, while the crypto market continues to experience a downturn, these three cryptocurrencies are showing resilience and potential for recovery. As the market fluctuates, it's essential to keep an eye on these coins, which may be poised for a comeback.