- ApeCoin price was in an uptrend yesterday after the support at 1,340 level.
- The Akita Inu's two-day uptrend in price came to a halt last night at the 0.0000001300 level.
ApeCoin chart analysis
ApeCoin price was in an uptrend yesterday after the support at 1,340 level. We were able to move above the EMA200 and reach 1,400 levels. Today's action falls in the 1,380-1,410 range. Right now, we are resisting above the 200 EMA. With EMA support, the price can easily start recovering at higher levels. Possible higher targets are 1,420 and 1,430 levels.
For a bearish option, we need negative consolation and a price drop below the 200 EMA and support at 1,380. So we will be back in the bearish zone, and ApeCoin will be forced to pull back. Possible lower targets are the 1.370 and 1.360 levels, and there will be a possibility to test yesterday's low at 1.340.
Akita Inu chart analysis
The Akita Inu's two-day uptrend in price came to a halt last night at the 0.0000001300 level. We managed to move above the EMA200, but the euphoria was short-lived, followed by another pullback below. The price drops to the level of 0.0000001275, and we are currently holding above this level. If we get support, we will have another opportunity to test the 200 EMA and try to move higher again. Possible higher targets are the 0.0000001300 and 0.0000001310 levels.
For the bearish option, we need a negative consolidation and a drop below the support at 0.0000001275. This would increase the downward momentum and form a new daily low. Possible minimum targets are 0.0000001270 and 0.0000001260 levels. This week's lowest price for the Akita Inu is 0.0000001241.
