- ApeCoin price took a bearish wave yesterday to the level of 1.663.
- The Akita Inu price jump this morning took us to the 0.0000002092 level.
ApeCoin chart analysis
ApeCoin price took a bearish wave yesterday to the level of 1.663. After fairly quiet sideways consolidation over the past couple of days, we saw yesterday drop to a new weekly low. We stayed there for a short time, and the price quickly recovered to 1.850. We took this above the weekly opening price and the bullish consolidation started from there. This takes us to the 2,050 level, where we are currently pausing.
ApeCoin price declines slightly to the 1,990 level, and maintains itself in the 2,000 area. We are close to seeing a breakout to the upside and thus forming a new daily high. Possible higher targets are the 2.100 and 2.150 levels. If we fail to break the resistance at 2,000, we will be forced to pull back. With a drop to the 1,900 level, the price is moving away from the uptrend and will need to find new support. Possible lower targets are 1,850 and 1,800 levels.
Akita Inu chart analysis
The Akita Inu price jump this morning took us to the 0.0000002092 level. We stopped there and started backing away. The decline has brought us to the 0.0000001850 support level. For now, we were able to hold above this level and are waiting for a new upward wave to continue the uptrend. If we can get back above the 0.0000002000 level, we will have good support for further continuation.
Possible higher targets are the 0.0000002050 and 0.0000002100 levels. For a bearish option, we need a negative reinforcement and a drop below the support level 0.0000001800. This will extend the currently ongoing decline, and possible lower targets are the 0.0000001700 and 0.0000001600 levels.
