Economy

ApeCoin and Akita Inu: ApeCoin remains in the zone 1,500

ApeCoin and Akita Inu: ApeCoin remains in the zone 1,500

ApeCoin price continues bearish consolidation today. 
Akita Inu continues bullish consolidation today. 

ApeCoin chart analysis

The price of ApeCoin continues bearish consolidation today. Yesterday, we had one breakout to the 1,553 level but quickly bounced back below the 1,500 level. We are now seeing a bearish consolidation that could influence us to see a pullback and get closer to the previous low. Potential lower targets are 1,450 and 1,400 levels.

We need a positive consolidation and a new jump to the 1,550 level for the bullish option. Then we need a break above and try to hold up there. With the new impulse, further recovery and growth of the price of ApeCoin would be initiated. Potential higher targets are 1,600 and 1,650 levels.

Akita Inu chart analysis

Akita Inu continues bullish consolidation today. The range of movement remains narrow without major oscillations on the chart. We are slowly moving upward, and we can expect this trend to continue in the coming days. It is possible that we will again see momentum and jumps to the 0.00000009400 level. Potential higher targets are the 0.00000009600 and 0.00000009800 levels.

We need a negative consolidation and pullback below the 0.00000008800 level for a bearish option. Thus, we would fall below the lower support line of this bullish channel. We would again be able to test the previous low at the 0.00000008600 level. Potential lower targets are 0.00000008400 and 0.00000008200 levels.

The post ApeCoin and Akita Inu: ApeCoin remains in the zone 1,500 appeared first on FinanceBrokerage.

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