ApeCoin and Akita Inu: ApeCoin slides to 1,900 levels

• ApeCoin’s price continues to move under bearish pressure.
• Akita Inu’s price is in a bullish consolidation today after yesterday’s pullback to the 0.0000001114 level.

ApeCoin chart analysis

ApeCoin’s price continues to move under bearish pressure. For the second day in a row, the price fails to move above the 1,950 level; on the contrary, there is increasing pressure on the 1,900 level. A breakout below, and ApeCoin’s visit to the 1,850 level, could very easily occur. Down below, there would be an increase in pressure in a larger support zone. Potential lower targets are 1,825 and 1,800 levels.

We need a positive consolidation and a price jump to the 1,950 level for a bullish option. Then we need to stay the above in order to consolidate there and initiate further recovery. Potential higher targets are 1,975 and 2,000 levels.

Akita Inu chart analysis

Akita Inu’s price is in a bullish consolidation today after yesterday’s pullback to the 0.0000001114 level. Today’s high price is 0.0000001160 level. We need a more serious consolidation if we want to see continued recovery and move above the 0.0000001160 level. In the zone around the 0.0000001170 level, additional resistance at that level is the EMA50 moving average.

Potential higher targets are the 0.0000001180 and 0.0000001190 levels. For a bearish option, we need a negative consolidation and price pullback to the 0.0000001120 support level. A break below would lead to the formation of a new lower low, and the potential lower targets are the 0.0000001110 and 0.0000001100 levels.