ApeCoin and Akita Inu: ApeCoin dropped below 2,000 yesterday

• The price of ApeCoin dropped below the 2,000 level last night.
• The price of the Akita Inu was very unstable yesterday.

ApeCoin chart analysis

The price of ApeCoin dropped below the 2,000 level last night. A new lower low was formed at the 1,995 level. After that, we see a positive consolidation and a return above 2,000. For now, we manage to stay above and make a mild bullish consolidation. We need a new impulse to 2,200 levels to move out of the negative zone.

A break above could further push the price to start a continuation of the recovery. Potential higher targets are 2,300 and 2,400 levels. If it happens that the price loses its bullish momentum, we will see a new pullback below the 2,000 level and a possible formation of a new lower low.

Akita Inu chart analysis

The price of the Akita Inu was very unstable yesterday. First, we saw a jump to the 0.0000001180 level, then a sharp drop to the 0.0000001060 level. Today we are moving in the range of 0.0000001060-0.0000001160. On the downside, we have support and need a positive consolidation to trigger a price recovery.

We need a break above the 0.0000001100 level. Then we would have to stay above and start the recovery with the next impulse. Potential higher targets are the 0.0000001120 and 0.0000001140 levels.