ApeCoin and Akita Inu: ApeCoin still at the 1,500 level
- The price of ApeCoin continues to maintain around the 1,500 level.
- Akita Inu’s price continues with the previous bullish consolidation.
ApeCoin chart analysis
The price of ApeCoin continues to maintain around the 1,500 level. Yesterday, we had one pullback to the 1,450 level, but we managed to consolidate there, start a recovery, and return to the previous zone of movement. Now, we need a positive consolidation and a jump above the 1,550 level to move to the bullish side. Potential higher targets are 1,600 and 1,650 levels.
ApeCoin may encounter resistance at the EMA50 moving average in the zone around 1,630 levels. We need a negative consolidation and a drop to the 1,450 support level for a bearish option. A break below would mean that we continue on the bearish side. Potential lower targets are 1,400 and 1,350 levels.
Akita Inu chart analysis
Akita Inu’s price continues with the previous bullish consolidation. This morning, we had two bullish impulses and a price jump to the 0.00000009600 level. We stayed up there for a short time and quickly returned to the original movement channel. We need positive consolidation to continue the recovery. Potential higher targets are the 0.00000009200 and 0.00000009400 levels.
We need a negative consolidation and pullback below the 0.00000008800 level for a bearish option. After that, we can expect to see the formation of a new low as a confirmation of the bearish option. Potential targets are 0.00000008600 and 0.00000008400 levels.
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