ApeCoin and Akita Inu: ApeCoin is back below 2,000 again
And today, we see a continuation of the bearish consolidation of the price of ApeCoin below the 2,000 level.
Akita Inu has again returned to the support zone around the 0.0000000970 level.
ApeCoin chart analysis
And today, we see a continuation of the bearish consolidation of the price of ApeCoin below the 2,000 level. Yesterday, we tried to move above this level but only encountered resistance and started a negative consolidation. We are now at the 1,978 level and very close to testing yesterday’s low at the 1,962 level.We need a break below and further negative consolidation to continue on the bearish side.
Potential lower targets are 1,950 and 1,940 levels. We need a positive consolidation and a price return above the 2,000 level for a bullish option. Then we need to try to stay up there and, with the next impulse, start the continuation of the recovery. Potential higher targets are 2,020 and 2,040 levels.
Akita Inu chart analysis
Akita Inu has again returned to the support zone around the 0.0000000970 level. It is possible that we will get support at the same level again and start a new bullish consolidation. First, we would go back above the 0.0000000980 level. After that, the price would move towards the 0.0000001000 level.
Additional resistance in that zone is in the EMA50 moving average. Potential higher targets are the 0.0000001020 and 0.0000001040 levels.We need a negative consolidation and a drop below the support at the 0.0000000960 level for a bearish option. In the continuation, the price would form a new low and thereby confirm the bearish option. Potential lower targets are the 0.0000000940 and 0.0000000920 levels.
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