ApeCoin and Akita Inu: ApeCoin remains above the 1,450
ApeCoin continues bullish consolidation after gaining support at the 1,450 level.
Akia Inu continues to move sideways today in the 0.00000008800-0.00000009200 range.
ApeCoin chart analysis
ApeCoin continues bullish consolidation after gaining support at the 1,450 level. The current price is 1,485, and we are on our way to visit the 1,500 level again. We also have support in the EMA50 moving average, which could have a positive impact on ApeCoin’s price movement. Potential higher targets are 1,550 and 1,600 levels.
We need a negative consolidation and a pullback below the support at the 1,450 level for a bearish option. After that, the price would be under increased pressure to continue on the bearish side. Potential lower targets are 1,400 and 1,350 levels.
Akita Inu chart analysis
Akia Inu continues to move sideways today in the 0.00000008800-0.00000009200 range. Yesterday, we spent most of the day in the support zone, which managed to push us down to the 0.00000009000 level. We are now seeing bearish consolidation again and will likely test the support level once again. A break below would mean possible further weakening and a pullback. Potential lower targets are 0.00000008600 and 0.00000008400 levels.
We need a positive consolidation and a jump to the 0.00000009200 level for a bullish option. Then I need to make a break above and try to hold up there. If we were to succeed in that, we would have the opportunity to continue the recovery. Potential higher targets are the 0.00000009400 and 0.00000009600 levels.
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