ApeCoin and Akita Inu: ApeCoin is back above the 2,000
The price of ApeCoin managed to bounce back above the 2,000 level this morning. Akita Inu’s price continues to move in the support zone above the 0.000000960 level.ApeCoin chart analysis
The price of ApeCoin managed to bounce back above the 2,000 level this morning. After that, we see a consolidation that manages to hold above with the formation of today’s high at the 2,100 level. The line and the EMA50 moving average provide additional support for the price today. If this trend continues, the price could break above the 2,100 level and continue higher. Potential higher targets are 2,150 and 2,200 levels.
We need a negative consolidation and pullback below the 2,000 level and the EMA50 moving average for a bearish option. Such a picture would only increase the pressure on the price, and it could slide. After that, we look at the previous support in the zone around 1,950 levels. A break below is a signal for a further decline to lower levels. Potential lower targets are 1,900 and 1,850 levels.
Akita Inu chart analysis
Akita Inu’s price continues to move in the support zone above the 0.000000960 level. The pressure continues in this zone because we are unable to make a more concrete bullish movement. This could lead to a continuation of the decline and a break below the previous low. Potential lower targets are 0.0000000940 and 0.0000000920 levels
We need a positive consolidation and a return to the zone around the 0.0000001000 level for a bullish option. After that, we need a break above and try to hold up there. With a new impulse, we could start the recovery of the Akita Inu price. Potential higher targets are the 0.0000001020 and 0.0000001040 levels.
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