Connect with us

Hi, what are you looking for?

Real Investment StarReal Investment Star

Economy

ApeCoin and Akita Inu: Apecoin thrives with EMA200 support

ApeCoin and Akita Inu: Apecoin thrives with EMA200 support

On Friday, ApeCoin retreated to the 1,233 level. 
On Sunday evening, Akita Inu’s price retreated to 0.0000002276 levels.

ApeCoin chart analysis

On Friday, ApeCoin retreated to the 1,233 level. After that, on Saturday, we watched the price consolidate in that zone and initiate a bullish consolidation. On Sunday, we climbed to 1,300 and above the EMA200 moving average. As we approached the new week, the pressure on the price increased, which retreated to the 1,260 level. There we see a higher low formation compared to Friday, and we are starting a new recovery.

The price of ApeCoin recently returned above the EMA200, stabilising the further movement to the bullish side. This morning, we climbed to 1,333 and formed a new weekly low there. For now, we are in a stable bullish consolidation, and we can hope for further growth on the bullish side. Potential higher targets are 1,340 and 1,350 levels.

 

Akita Inu chart analysis

On Sunday evening, Akita Inu’s price retreated to 0.0000002276 levels. We formed a new weekly low at that point. On Monday, the price consolidated there and initiated a recovery to the 0.0000002500 level. We were above the EMA200 for a short time because we quickly encountered resistance there. A new pullback from that zone followed, and now we are at the 0.0000002348 level. We are close to the weekly open price at 0.0000002300.

By going below, Akita Inu will test last week’s low and try to hold above. Potential lower targets are the 0.0000002250 and 0.0000002200 levels. For a bullish option, we need a return up to the EMA200 and the 0.0000002450 level. With the impulse above, we would try to break away and start a more specific recovery. Potential higher targets are 0.0000002500 and 0.0000002550 levels.

 

The post ApeCoin and Akita Inu: Apecoin thrives with EMA200 support appeared first on FinanceBrokerage.

Enter Your Information Below To Receive Latest News, And Articles.

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Editor's Pick

    ERP or Enterprise Resource Planning solutions help businesses of all sizes manage their daily business operations. First used in the 1990s, ERP systems have...

    Investing

    Democratic Gov. Janet Mills on Wednesday vetoed a bill aimed at prohibiting foreign influence in Maine elections, but voters will get the final say...

    Latest News

    There were several reasons offered in support of the congestion pricing plan that was supposed to go into effect in New York at the...

    Latest News

    House Speaker Mike Johnson (R-La.) on Wednesday appointed Reps. Scott Perry (R-Pa.) and Ronny Jackson (R-Tex.), two Trump loyalists who denied the results of...

    Disclaimer: realinvestmentstar.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2024 realinvestmentstar.com