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ApeCoin and Akita Inu: ApeCoin is back above 2,000

ApeCoin

ApeCoin and Akita Inu: ApeCoin is back above 2,000

  • This morning, the price of ApeCoin jumped to 2,150 levels, forming a new weekly high.
  • In the previous 24 hours, the Akita Inu price is in a bullish consolidation with 0.0000000955 levels.

ApeCoin chart analysis

This morning, the price of ApeCoin jumped to 2,150 levels, forming a new weekly high. We did NOT stay up for long because a pullback followed, and the price dropped to $2,050. Now we have new support here, along with the EMA50 moving average below. It could produce a new bullish impulse and initiate a bullish trend.

Again, we would be back to testing the 2,150 level and need a break above for further upside. Potential higher targets are 2,200 and 2,250 levels. We need a drop below the 2,000 level and the EMA50 moving average for a bearish option. After that, we could see a negative consolidation and continued decline in ApeCoin price. Potential lower targets are 1,950 and 1,900 levels.

ApeCoin chart analysis

Akita Inu chart analysis

In the previous 24 hours, the Akita Inu price is in a bullish consolidation with 0.0000000955 levels. We are currently at the 0.0000000980 level and could expect to see a continued recovery to the 0.0000001000 level. This is where we come across a possible resistance zone that we failed to cross over the previous weekend.

For a bullish option, we need a price break above the 0.0000001000 level, then try to hold above. With the next impulse, we would start the continuation of the bullish option. Potential higher targets are 0.0000001020 and 0.0000001040 levels.

We need a negative consolidation and pullback to the 0.0000000955 support zone for a bearish option. A drop in the price below signifies a continued retreat to some lower levels. Potential lower targets are the 0.0000000940 and 0.0000000930 levels.

Akita Inu Chart Analysis

The post ApeCoin and Akita Inu: ApeCoin is back above 2,000 appeared first on FinanceBrokerage.

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