Connect with us

Hi, what are you looking for?

Deluxe Investment Group – Investing and Stock NewsDeluxe Investment Group – Investing and Stock News

Economy

ApeCoin and Akita Inu: ApeCoin retreats from 1,145 level

ApeCoin and Akita Inu: ApeCoin retreats from 1,145 level

ApeCoin price pulls back from 1,145 levels.
Akita Inu’s price continues bullish consolidation above the 0.00000010050 level.

ApeCoin chart analysis

ApeCoin price pulls back from 1,145 levels. Yesterday’s attempt to break above the 1,145 level was unsuccessful, and the price started a pullback. We got the first support at the 1,100 level, which was followed by a recovery to the 1,130 level. There, we formed a lower high and confirmed the increase in bearish pressure. That proved to be true, and ApeCoin slipped to the current 1,080.

Potential additional support at the current level is the EMA50 moving average. A break below would indicate a continuation of the pullback and the formation of a new low price. Potential lower targets are 1,070 and 1,060 levels.

We need a positive consolidation and a return above the 1,100 level for a bullish option first. We would then need to hold above that level if we plan to see further recovery. Potential higher targets are 1,110 and 1,120 levels.

Akita Inu chart analysis

Akita Inu’s price continues bullish consolidation above the 0.00000010050 level. This morning, we saw a jump in price to the 0.00000011050 level, but we stayed at that level for a short time as a pullback to the 0.00000010200 level followed.

We are currently consolidating around that level and hope to see a further continuation of the previous bullish consolidation. Potential higher targets are the 0.00000010600 and 0.00000010800 levels. We need a negative consolidation below the 0.00000010000 support level for a bearish option.

By breaking below, the price would be under greater pressure to continue with further retreat and formation of a new low. Potential lower targets are 0.00000009800 and 0.00000009600 levels. EMA50 moving average is in the zone around 0.00000009400 levels.

 

The post ApeCoin and Akita Inu: ApeCoin retreats from 1,145 level appeared first on FinanceBrokerage.

Enter Your Information Below To Receive Latest News, And Articles.



    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Editor's Pick

    ERP or Enterprise Resource Planning solutions help businesses of all sizes manage their daily business operations. First used in the 1990s, ERP systems have...

    Latest News

    Florida Gov. Ron DeSantis (R) needs a massive infusion of cash in the next two months of the Republican presidential primary race to help...

    Latest News

    The United States could be on track for a Joe Biden-Donald Trump rematch in 2024, but it’s the president’s son Hunter Biden who earned...

    Latest News

    A week ago, a Jan. 6 defendant was arrested near Barack Obama’s in D.C. with what the government says was a machete, two guns...

    Disclaimer: Deluxeinvestmentgroup.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2023 deluxeinvestmentgroup.com