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.
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