ApeCoin and Akita Inu: ApeCoin rises to a new high at 1,386

ApeCoin chart analysis

The price of ApeCoin continues today with the previous bullish consolidation, climbing to a new high at the 1,386 level. We are currently still very close to that resistance, and the price is holding high. This could cause a breakout above and a new high to form. Potential higher targets are 1,400 and 1,420 levels. 

We need a negative consolidation and pullback to the previous support at the 1,300 level for a bearish option. With the price of ApeCoin breaking below, there would be an increase in bearish pressure.

This would have the effect of seeing a continuation of the price retreat to lower levels. Potential lower targets are 1,280 and 1,260 levels. EMA50 is in the zone around 1,200 levels.

Akita Inu chart analysis

Akita Inu’s price continues to move sideways in the 0.00000012500-0.00000014000 range. We are currently very close to testing the upper resistance of this consolidation. A break above would be very beneficial for us to continue on the bullish side.

Then, we would have to try to stay above so that with a new bullish impulse, we could start the continuation of the recovery. Potential higher targets are 0.00000014500 and 0.00000015000 levels.

For a bearish option, we need a negative consolidation in the Akita Inu price pullback to the lower support zone of this lateral consolidation. Additional support in that zone is the EMA50 moving average, and we would need a break below to continue to the bearish side. Potential lower targets are 0.00000012000 and 0.00000011500 levels.

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