ApeCoin and Akita Inu: ApeCoin climbs to 1,830 level

• The price of ApeCoin is in a bullish consolidation since yesterday afternoon.
• This week, the Akita Inu price is in a bearish consolidation.

ApeCoin chart analysis

The price of ApeCoin is in a bullish consolidation since yesterday afternoon. Yesterday’s lowest price was at the 1,760 level, and from that level, the price began to recover to the current 1,830. If this consolidation continues, we could climb to the 1,850 level and test the EMA50 moving average. A breakout above would be of great benefit to us for the further growth and recovery of ApeCoin. Potential higher targets are 1,860 and 1,880 levels.

We need a negative consolidation and a pullback below the 1,800 level for a bearish option. After that, we re-enter the 1,760-1,780 support zone. A break below and the formation of a new lower low would mean a continuation to the bearish side. Potential lower targets are 1,740 and 1,720 levels.

Akita Inu chart analysis

This week, the Akita Inu price is in a bearish consolidation. Today’s low price is 0.0000000970 level, and we are currently managing to hold above it. We have additional pressure in the EMA50 moving average, and we need to get back above it to trigger a more concrete recovery. Potential higher targets are 0.00000010000 and 0.00000010100 levels.

We need a negative consolidation and a new pullback below this morning’s support for a bearish option. The formation of a new low would confirm a bearish option and a possible further decline in the Akita Inu price. Potential lower targets are 0.000000009600 and 0.00000009500 levels.