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ApeCoin and Akita Inu: ApeCoin continues to pullback

ApeCoin

ApeCoin and Akita Inu: ApeCoin continues to pullback

  • ApeCoin price continues bearish consolidation, dropping to 1,320 levels this morning.
  • The price of Akita Inu fell to a new low this morning at the 0.00000008392 level.

ApeCoin chart analysis

ApeCoin price continues bearish consolidation, dropping to 1,320 levels this morning. After that, we see a bullish consolidation and recovery to 1,340 levels. Now, we could expect to see a continuation of the recovery and a break above the previous high. Potential higher targets are 1,350 and 1,360 levels. The EMA50 moving average is at the distant 1,400 level.

We need a negative consolidation and a new pullback to the 1,320 support level for a bearish option. A break below would lead to the formation of a new lower low, and thus, we would confirm the bearish option. Potential lower targets are 1,310 and 1,300 levels.

ApeCoin Chart Analysis

Akita Inu chart analysis

The price of Akita Inu fell to a new low this morning at the 0.00000008392 level. After that, we see an attempt at bullish consolidation and a move to the 0.00000008600 level. We need to continue towards the 0.00000008700 level as we would test the EM50 moving average there. With a breakthrough above, we would get his support, which should have a positive impact on the further recovery. Potential higher targets are the 0.00000008800 and 0.00000008900 levels.

We need a negative consolidation and a new price drop below the 0.00000008400 level for a bearish option. In this way, we would fall to a new low and confirm the bearish option. Potential lower targets are 0.0000008300 and 0.00000008200 levels.

Akita Inu Chart Analysis

The post ApeCoin and Akita Inu: ApeCoin continues to pullback appeared first on FinanceBrokerage.

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