ApeCoin and Akita Inu: ApeCoin remains below the 2,300
- The price of ApeCoin is still in bearish territory.
- Akita Inu’s price is recovering from yesterday’s pullback to the 0.0000001060 level.
ApeCoin chart analysis
The price of ApeCoin is still in bearish territory. The pressure on the price continues, which does not allow us to climb above the 2,400 level. Today’s resistance is the 2,300 level, and for now, we are unable to break above it. This could increase the bearish pressure on the price again and take it below the 2,200 level.
Below, there would be an increase in bearish momentum, and we would probably see a decline and the formation of a new low. Potential lower targets are the 2,100 and 2,000 levels. We need a positive consolidation and a move above the 2,400 level for a bullish option. Then we need to hold up there in order to consolidate before the next bullish impulse. Potential higher targets are 2,500 and 2,600 levels.
Akita Inu chart analysis
Akita Inu’s price is recovering from yesterday’s pullback to the 0.0000001060 level. From that place, the price starts a bullish consolidation and rises to the 0.0000001100 level. If today’s trend continues, we could expect to see a continuation of the recovery and a visit to yesterday’s high at the 0.0000001140 level.
We need a negative consolidation and a drop to the 0.0000001060 support level for a bearish option. A price break below would turn on the red light for us to see a new June lower low. Potential lower targets are 0.0000001040 and 0.0000001020 levels.
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