ApeCoin and Akita Inu: ApeCoin climbed back above 2,000
- This morning, we saw a positive consolidation of ApeCoin and a move above the 2,000 level.
- The Akita Inu price continues its sideways consolidation and is now moving at the 0.0000000980 level.
ApeCoin chart analysis
This morning, we saw a positive consolidation of ApeCoin and a move above the 2,000 level. We are now already at 2,025 and could soon climb to 2,040 levels. Additional potential resistance at that level is the EMA50 moving average. We will need a break above if we want to see the recovery continue. Potential higher targets are 2,060 and 2,080 levels.
We need a negative consolidation and a new pullback below the 2,000 level for a bearish option. After that, we would enter the previous movement zone and thus be close to testing the 1,980 level of support. A break below would take us down to the 1,960 previous low, and pressure on the price would easily push it even lower. Potential lower targets are 1,950 and 1,940 levels.
Akita Inu chart analysis
The Akita Inu price continues its sideways consolidation and is now moving at the 0.0000000980 level. We still remain in the 0.0000000960-0.0000001000 support zone. Today, we see a higher low formation, which would mean a possible recovery and return to the zone around the 0.0000000990 level. In that zone, we would test the EMA50 moving average, and we would have to break above it if we want to see further recovery.
Potential higher targets are the 0.0000001000 and 0.0000001010 levels. We need a negative consolidation and price pullback to the 0.0000000960 support zone for a bearish option. A break below would lead to the formation of a new lower low. Potential lower targets are the 0.0000000950 and 0.0000000940 levels.
