ApeCoin and Akita Inu: ApeCoin is once again at 1,500 level
The price of ApeCoin climbed back up to 1,500 levels yesterday.
The Akita Inu price continues today with a sideways movement in the 0.00000008800-0.00000009400 range.
ApeCoin chart analysis
The price of ApeCoin climbed back up to 1,500 levels yesterday. After that, we again encounter resistance at that level and start a pullback to the 1,460 support level. We managed to get support there and initiate a minor bullish consolidation above the 1,480 level. We are trying to get support in the EMA50 moving average for better recovery. Potential higher targets are 1,520 and 1,540 levels.
We need a negative consolidation and a price drop below the 1,460 support level for a bearish option. After that, we could expect to see a further pullback in ApeCoin’s price. Potential lower targets are 1,440 and 1,420 levels.
Akita Inu chart analysis
The Akita Inu price continues today with a sideways movement in the 0.00000008800-0.00000009400 range. We are currently close to the lower support level and could test it soon. A break below would lead to the formation of a new low, thus indicating a further pullback. Potential lower targets are 0.00000008700 and 0.00000008600 levels.
We need a new positive consolidation and a return to the upper resistance zone for a bullish option. Then we need to keep up there and try to break through. If we succeeded in that intention, we would be in a good position to continue further recovery. Potential higher targets are the 0.00000009500 and 0.00000009600 levels.
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