ApeCoin and Akita Inu: ApeCoin at the 1,350 level again
- ApeCoin price encounters an opening at the 1,350 level for the second day in a row.
- The Akita Inu price continues to retreat today.
ApeCoin chart analysis
ApeCoin price encounters an opening at the 1,350 level for the second day in a row. After that, we see a pullback to support at 1,327 levels. We stopped the fall there, and with the new consolidation, we moved up to 1,340 levels. The price remains in a bearish trend with a view to lower levels. Potential lower targets are 1,320 and 1,310 levels.
We need a positive consolidation and a new jump to the 1,350 resistance level for a bullish option. Then we need a breakout above and try to hold up there. With the new bullish impulse, we should start a bullish recovery. Potential higher targets are 1,360 and 1,370 levels.
Akita Inu chart analysis
The Akita Inu price continues to retreat today. Yesterday, we saw the formation of a new low at the 0.00000008392 level. Since then, the price has been moving in the 0.0000000840-0.00000008600 range. There is a greater chance that we will see a further pullback and the formation of a new low. Potential lower targets are 0.00000008300 and 0.00000008200 levels.
We need a positive consolidation and price movement above the 0.00000008600 level for a bullish option. We could have additional resistance in the EMA50 moving average around the 0.00000008700 level. A break above would bring hope that the price could initiate a further recovery. Potential higher targets are the 0.00000008800 and 0.00000008900 levels.
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