- ApeCoin price continues its bearish consolidation, falling to 1,260 levels yesterday.
- The price of the Akita Inu fell to a new weekly low yesterday at 0.0000001415.
ApeCoin chart analysis
ApeCoin price continues its bearish consolidation, falling to 1,260 levels yesterday. We are getting support in this area and are starting a recovery that continues today. The price was successfully maintained above the 1,300 level overnight, and we are currently at the 1,345 level. Today's high is 1.350. For now, we stop at this level, and consolidate in the 1300-1350 range. With the breakout above, we continue to recover, hoping to reach the EMA50.
Possible higher targets are 1400 and 1450 levels. We need to pull back below the 1300 support level to get a bearish option. After that, we will have the opportunity again to test yesterday's low. Increased movement in that area would increase the pressure to continue the downtrend. Possible lower targets are 1250 and 1200 levels.
Akita Inu chart analysis
The price of the Akita Inu fell to a new weekly low yesterday at 0.0000001415. We managed to find support at this level and recovered to the 0.0000001500 level. This level is the highest level today, and we must exceed it to continue the upward trend. The next important target is the 0.0000001550 level because this is where we meet the EMA50.
A break above the US level would trigger bearish pressure, and possible higher targets are the 0.0000001600 and 0.0000001650 levels. We need a negative consolidation and a pullback below the 0.0000001450 level for a bearish option. After that, we expect to start further decline, possible lower targets are 0.0000001400 and 0.0000001350 levels.
