ApeCoin and Akita Inu: ApeCoin is back above 3.1000
ApeCoin started the day yesterday with a great jump to 3,373 levels. Yesterday’s pullback in the Akita Inu price didn’t shake the charts much.ApeCoin chart analysis
ApeCoin started the day yesterday with a great jump to 3,373 levels. Then we see a strong pullback to the 2,789 support level. We quickly consolidated and started to recover. We are now at the 3,100 level, and ApeCoin is making the best progress against the decline of other cryptocurrencies.
Potential higher targets are 3,150 and 3,200 levels. In the zone around 3,150, we encounter the EMA50 moving average, and we need a break above it for a more concrete bullish continuation.
Akita Inu chart analysis
Yesterday’s pullback in the Akita Inu price didn’t shake the charts much. We just dropped to a two-week low at the 0.0000001163 level. After the consolidation, Akita starts to recover and climbs to the 0.0000001240 level. We currently have resistance at that level and need a break above if we want to see continued recovery.
Potential higher targets are 0.0000001260 and 0.0000001280 levels. We need a negative consolidation and price pullback below the 0.0000001200 level for a bearish option. Then we could retest yesterday’s support level. Potential lower targets are the 0.0000001150 and 0.0000001140 levels.
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