ApeCoin Potential with Higher targets at 1,420 and 1,440
The price of ApeCoin fell to 1,331 levels on Monday, forming a seven-day low.
Akita Inu price is the sixth day in the lateral consolidation in the 0.0000001225-0.0000001300 range.
ApeCoin chart analysis
The price of ApeCoin fell to 1,331 levels on Monday, forming a seven-day low. After receiving support, we saw a move above the 1,350 level. From there, the price starts a bullish consolidation that takes us up to 1,382 levels. We expect to see a continuation and rise to 1,400 and the EMA200 moving average. By moving above these resistance levels, ApeCoin would have the opportunity to start a recovery and move to higher levels.
Potential higher targets are 1,420 and 1,440 levels. We need to return to the support zone at the 1,350 level for a bearish option. A drop below takes us to a test of yesterday’s low. New pressure in that zone could negatively affect the price to start a further retreat. Potential lower targets are 1,320 and 1,300 levels.
Akita Inu chart analysis
Akita Inu price is the sixth day in the lateral consolidation in the 0.0000001225-0.0000001300 range. During the weekend, the price tried to break the upper resistance level, but the attempt ended without success. In that zone, the additional resistance is EMA200, and this caused the price to reject and start a retreat to the 0.0000001240 support level. Today’s picture shows a bullish consolidation from the support level and recovery to the 0.0000001270 level.
The price is in a stable daily bullish trend, and we expect to move above the 0.0000001280 level. There, we would be within reach of the 0.0000001300 level and the EMA200. Potential higher targets are 0.0000001310 and 0.0000001320 levels. We need a negative consolidation to the previous support level for a bearish option. Falling below would extend the previous bearish trend.
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