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ApeCoin and Akita Inu: ApeCoin slides below the 1,130 level

ApeCoin and Akita Inu: ApeCoin slides below the 1,130 level

ApeCoin price remains under pressure below the 1,130 level. Akita Inu’s price is recovering from yesterday’s drop to 0.00000008335 level.

ApeCoin chart analysis

ApeCoin price remains under pressure below the 1,130 level. This could lead to another pullback to the previous support zone. Then, we would go down to 1,100 levels. A break below would lead to the formation of a new low and confirm the growing bearish pressure. Potential lower targets are 1,090 and 1,080 levels.

We need a positive consolidation and a return above the 1,150 level for a bullish option. Then, it is necessary to hold above there in order to start a new bullish impulse from there and start a further recovery. Potential higher targets are 1,160 and 1,170 levels. Additional pressure on the price of ApeCoin could be in the EMA50 moving average in the zone around 1,170 levels.

Akita Inu chart analysis

Akita Inu’s price is recovering from yesterday’s drop to 0.00000008335 level. Today’s picture is different, and a new high price has been formed at the 0.00000008900 level. Also, the support zone has moved up around 0.00000008600 levels. If we manage to stay above this support zone, we will have a good bottom from which we could launch a stronger impulse and recovery of the Akita Inu price. Potential higher targets are the 0.0000008900 and 0.00000009000 levels.

We need a negative consolidation and a drop below the 0.00000008500 level for a bearish option. Thus, we would fall below the EMA50 moving average. We would again have the opportunity to visit the support zone around the 0.00000008335 level. Potential lower targets are 0.00000008300 and 0.00000008200 levels.

The post ApeCoin and Akita Inu: ApeCoin slides below the 1,130 level appeared first on FinanceBrokerage.

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