ApeCoin and Akita Inu: ApeCoin remains below the 1,850
- The price of ApeCoin continues to move on the bullish side.
- Akita inu continues with lateral consolidation in the 1.11300-1.11700 range.
ApeCoin chart analysis
The price of ApeCoin continues to move on the bullish side. The movement has been occurring in an ascending channel since the beginning of August. Today’s high price was at the 1,850 level, and for now, we have resistance at that level. We see a shorter pullback to the 1,830 level. Here, we are now close to testing the lower support line. A break below it would break the channel, and the price would start a further retreat. Potential lower targets are 1,800 and 1,780 levels.
We need a positive consolidation and a return above the 1,850 level for a bullish option. Then, staying above and starting a bullish trend with a new impulse is necessary. Potential higher targets are 1,880 and 1,900 levels.
Akita Inu chart analysis
Akita inu continues with lateral consolidation in the 0,0000000960-0,00000010000 range. We are hovering around the EMA50 moving average and need a break above the 0,00000009850 level to continue on the bullish side. After that, with a new bullish impulse, we would start the price. Potential higher targets are 0,00000010000 and 0,00000010100 levels.
For a bearish option, we need a negative consolidation and pullback to support at the 0,00000009600 level. A break below would add to the bearish pressure, and we could expect to see a pullback to last week’s support zone. Potential lower targets are 0,00000009500 and 0,00000009400 levels.
The post ApeCoin and Akita Inu: ApeCoin remains below the 1,850 appeared first on FinanceBrokerage.
