ApeCoin and Akita Inu: ApeCoin remains above 1,300
Yesterday, we saw another pullback in the price of ApeCoin to the 1,280 level. The Akita Inu price slipped to the 0.00000011600 level yesterday, forming a 10-day low.ApeCoin chart analysis
Yesterday, we saw another pullback in the price of ApeCoin to the 1,280 level. We get support again at that level and start bullish consolidation up to the 1,380 level. That is today’s high for now, and we see a pullback to support at the 1,340 level.
We are making a new low here and now expect to see another bullish consolidation and continued growth to the bullish side. Potential higher targets are 1,400 and 1,420 levels.
For a bearish option, we need a negative consolidation and a new drop below the 1,340 support level. Already at the 1,320 level, we encounter potential additional support in the EMA50 moving average.
A break below would strengthen the bearish momentum, which would influence us to see the formation of a new low. Potential lower targets are 1,300 and 1,280 levels.
Akita Inu chart analysis
The Akita Inu price slipped to the 0.00000011600 level yesterday, forming a 10-day low. This was followed by a move above the 0.00000012000 level and a bullish consolidation that pushed the price up to the 0.00000012800 level. That’s where we encounter resistance, and additional pressure in that zone creates the EMA50 moving average. From that level, we see a slight pullback to new support at the 0.00000012500 level.
If we manage to stay above it, we could start a continuation of the price growth on the bullish side. Potential higher targets are 0.00000013000 and 0.00000013500 levels. For a bearish option, we need a negative consolidation and pullback below the 0.00000012000 level.
A break below would bring the price back into negative territory, resulting in us seeing a pullback to lower levels. Potential entry targets are 0.00000011500 and 0.0000001100 levels.
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