ApeCoin and Akita Inu: ApeCoin remains above 1,500 level
- The price of ApeCoin manages to hold above the 1,500 level.
- Akita Inu’s price has continued a bullish consolidation since Friday.
ApeCoin chart analysis
The price of ApeCoin manages to hold above the 1,500 level. If we manage to stay above it, we will have the opportunity to start a bullish recovery. Now we need a break above the 1,600 level and try to hold up there. In the following, we need a positive consolidation in order to continue with further recovery. Potential higher targets are 1,650 and 1,700 levels.
A negative consolidation and a drop below the 1,500 level is needed for a bearish option. With a dip below, the price of ApeCoin could fall to new lows. Potential lower targets are 1,450 and 1,400 levels.
Akita Inu chart analysis
Akita Inu’s price continues a bullish consolidation since Friday. Yesterday, a new high was formed at the 0.00000009200 level. From that level, we start a new retreat and return to the previous movement zone. To continue on the bullish side, we need a positive consolidation and new testing of the 0.00000009200 level. A break above would mean a continuation of the recovery.
Additional resistance in that zone is the EMA50 moving average, and we have to break through that level as well. Potential higher targets are the 0.00000009400 and 0.00000009600 levels. We need a negative consolidation and pullback to the 0.00000008600 support level for a bearish option. Potential lower targets are 0.00000008400 and 0.00000008200 levels.
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