ApeCoin and Akita Inu: ApeCoin is hovering around 1,850
- The price of ApeCoin rose to 1,880 levels this morning.
- Akita Inu continues to recover after falling this morning to the 0.00000009850 level.
ApeCoin chart analysis
The price of ApeCoin rose to 1,880 levels this morning. We encounter resistance at that level and pull back to the 1,820 level. The decline stopped at that level, and after that, we saw a recovery to the 1,850 level. Here, we are currently testing the EMA50 moving average and need a break above to continue to the bullish side. Potential higher targets are 1,880 and 1,900 levels.
We need a negative consolidation and a downside below today’s support level for a bearish option. After that, we can expect to see a continuation of the decline and a visit to the previous support zone. Potential lower targets are 1,820 and 1,800 levels.
Akita Inu chart analysis
Akita Inu continues to recover after falling this morning to the 0.00000009850 level. Bullish consolidation pushes the price to the 0.00000010100 level, forming a new weekly high there. To continue on the bullish side, we need positive consolidation, and in this way, we would return to last week’s movement zone. Potential higher targets are 0.00000010200 and 0.00000010300 levels.
We need a negative consolidation and pullback below the 0.00000010000 level for a bearish option. After that, we can expect to see a pullback to the next support at the 0.00000009850 level and the EMA50 moving average. A break below would mean the price will continue to weaken and pull back to lower support. Potential lower targets are the 0.00000009700 and 0.0000000960 levels.
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