ApeCoin and Akita Inu: ApeCoin continues to recover
ApeCoin continues last week’s upward consolidation. Akita Inu continues negative consolidation and retreat.ApeCoin chart analysis
ApeCoin continues last week’s upward consolidation. On Sunday, the price rose to 3,521 levels. Yesterday we saw a pullback to the 3,420 level. We got additional support at that level in the EMA50 moving average. This had a positive effect, and the price is starting a new recovery.
With the new bullish impulse, ApeCoin is now in the zone around 3,500 levels. The support level is now 3,475, and now, we continue up to the 3,500 level. Potential higher targets are 3,550 and 3,600 levels.
Akita Inu chart analysis
Akita Inu continues negative consolidation and retreat. We are on our way to testing last week’s low at the 0.0000001169 level. Breaking below this level is a very likely option, as well as the formation of a new lower low. Potential lower targets are the 0.0000001160 and 0.000000150 levels.
For the bullish option, we need positive consolidation and move to the 0.0000001220 level. Then we need to hold ourselves up there before we continue our recovery. Potential higher targets are 0.0000001230 and 0.0000001240 levels.
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