- ApeCoin price has been in an upward trend since the beginning of the week.
- Akita Inu price continues its previous sideways consolidation in the range of 0.0000001560 and 0.0000001640.
ApeCoin chart analysis
ApeCoin price has been in an upward trend since the beginning of the week. In the past few hours, the price was in a strong upward wave, and we saw a jump to 1,520 levels. We are very close to testing last week's high of 1,527. We also have EMA200 moving average support. Accordingly, we expect the recovery to continue and rise to higher levels. Possible higher targets are 1550 and 1600 levels.
We need negative consolidation and a pullback below the 1500 level for a bearish option. This will be the first move and a bearish signal that the price is losing momentum. We are looking for support again in the area around 1450 levels and the EMA200 moving average. As it falls below this support, it is under more pressure to move to the downside. Possible lower targets are 1400 and 1350 levels.
Akita Inu chart analysis
Akita Inu price continues its previous sideways consolidation in the range of 0.0000001560 and 0.0000001640. We saw an upward attempt this morning, but quickly returned to the previous movement channel. The pressure has now moved to lower levels, and we expect a new test of previous support. New pressure also creates new problems because a break below and the formation of a new low can easily occur.
Possible minimum targets are levels 0.0000001540 and 0.0000001520. We need a positive reinforcement and return to the resistance area for a bullish option. We will climb above the 200 EMA, reducing the bearish impact so that we can see a recovery and greater growth on the upside. Possible higher targets are the 0.0000001660 and 0.0000001680 levels.
