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ApeCoin and Akita Inu: ApeCoin is still below 1,800

ApeCoin and Akita Inu: ApeCoin is still below 1,800

ApeCoin price continues sideways consolidation in the 1,760-1,840 range.
Akita Inu’s price continues to struggle in the support zone.

ApeCoin chart analysis

ApeCoin price continues sideways consolidation in the 1,760-1,840 range. There were no major oscillations in the previous three days, and the chart was relatively calm. The price managed to stay above the support level, and the rally was stopped in the resistance zone. In the last few hours, we see the beginning of bullish consolidation, and we could expect to see a return to the zone around 1,820 levels.

For a bullish continuation, we need a break above the 1,820 level. Then we need to try to keep up there. After that, we could expect to see a new bullish impulse and further recovery. Potential higher targets are 1,840 and 1,860 levels.

Akita Inu chart analysis

Akita Inu’s price continues to struggle in the support zone. We are currently around the 0.00000009550 level, and we are trying to get support at that level. If we succeed in that intention, the price could start a bullish consolidation. Potential higher targets are 0.0000000960 and 0.0000000970 levels. We have an additional counter to the bullish trend in the EMA50 moving average in the zone around 0.0000000970 levels.

We need a negative consolidation and pullback below the 0.00000009500 level for a bearish option. Thus, we would have the opportunity to form a new low and continue on the bearish side. Potential lower targets are the 0.0000009450 and 0.0000000940 levels.

 

The post ApeCoin and Akita Inu: ApeCoin is still below 1,800 appeared first on FinanceBrokerage.

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