- After a fairly quiet upward consolidation for ApeCoin price until this morning, we saw a strong push and jump to the 1,910 level.
- Over the weekend, we saw the price of the Akita Inu fall to the 0.0000001356 level.
ApeCoin chart analysis
After a fairly quiet upward consolidation for ApeCoin price until this morning, we saw a strong push and jump to the 1,910 level. A new high has been formed for the year. We stopped there, and the price began to decline, now reaching 1,800 levels. There is a high probability that we will return to the previous movement zone, which means the decline will continue. Possible lower targets are 1750 and 1700 levels.
In the area around 1700 levels, we can expect support and a new bullish turn. Therefore, we will return to the previous ascending channel and stabilize the movement with the support of the 200 moving average.
Akita Inu chart analysis
Over the weekend, we saw the price of the Akita Inu fall to the 0.0000001356 level. After getting support in that area yesterday, we saw an upward push to the 0.0000001500 level. We stayed awake for a short while, and the price started to decline, and we fell below the 0.0000001400 level. Additional pressure in that area is the EMA200, and since we are in a downward swing, the price has pulled back lower.
Since then, we stayed in the support zone, which led to pressure on the 0.0000001360 level. A bearish consolidation in that area could easily lead to a break below and the formation of a new low for this week. Possible minimum targets are levels 0.0000001340 and 0.0000001320. We need a bounce to the EMA200 and 0.0000001400 levels for a bullish option. Forming a bottom above this level may strengthen the uptrend and rebound in Akita Inu price.
