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ApeCoin in withdrawals below 1,800, what’s with Akita Inu?

ApeCoin in withdrawals below 1,800, what’s with Akita Inu?

The price of ApeCoin pulled back this morning to a new weekly low of 1,700. In the previous 24 hours, the Akita Inu price ranged from 0.0000002300 to 0.0000002600.

ApeCoin chart analysis

The price of ApeCoin pulled back this morning to a new weekly low of 1,700. We fell below yesterday’s level of 1,725. We are now looking at a slight recovery and a move up to the 1,800 level. We need a continuation of the current positive consolidation to try to reach the 1,900 level. At that level we meet the EMA50 moving average and must move above it to gain its support for our bullish option.

Potential higher targets are the 1,950 and 2,000 levels. We need a negative consolidation and pullback below the 1,750 level for a bearish option. This brings us back to the support zone, and we could easily slide to a new low. Potential lower targets are the 1,700 and 1,650 levels.

Akita Inu chart analysis

In the previous 24 hours, the Akita Inu price ranged from 0.0000002300 to 0.0000002600. In the last few hours, we have seen a bullish consolidation up to the 0.0000002500 level. We expect to continue towards 0.0000002600, and there, we are titling the EMA50 moving average. Then, we need a breakout above to get over that hurdle. After that, we have a good bottom from which we could start recovering and grinding out previous losses.

Potential higher targets are the 0.0000002700 and 0.0000002800 levels. The Akita Inu would have to go down again to the 0.0000002300 support level for a bearish option. A new test of support could trigger a bearish impulse and a drop to a new low. Potential lower targets are the 0.0000002200 and 0.0000002100 levels.

The post ApeCoin in withdrawals below 1,800, what’s with Akita Inu? appeared first on FinanceBrokerage.

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