Economy

ApeCoin And Akita Inu: ApeCoin within reach of 1,100 levels

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ApeCoin And Akita Inu: ApeCoin within reach of 1,100 levels

ApeCoin price is falling near the 1,100 level, forming a low at the 1,106 level.
Akita Inu’s price pulls back after reaching the resistance zone at the 0.000000085000 level.

ApeCoin chart analysis

ApeCoin price is falling near the 1,100 level, forming a low at the 1,106 level. After that, we see a bullish impulse that extends the price to 1,160 levels, and now we are consolidating around 1,140 levels. This momentum could trigger a positive consolidation to continue to the bullish side. The more serious resistance zone is around the 1,180 level, and we need a break above it if we want to see a bigger recovery for ApeCoin. Potential higher targets are 1,200 and 1,220 levels.

We need a negative consolidation and a new pullback to support a bearish option at the 1,100 level. A break below would lead to the formation of a new low, which would only confirm the continuation on the bearish side. Potential lower targets are 1,080 and 1,060 levels.

Akita Inu chart analysis

Akita Inu’s price pulls back after reaching the resistance zone at the 0.000000085000 level. Additional pressure in that zone creates the EMA50 moving average. After that, we see a bearish consolidation and price pullback to the 0.00000008100 level. Chances are high that we will see a continuation of the price decline and a test of the previous low. Potential lower targets are 0.00000008000 and 0.00000007900 levels.

We need a positive consolidation and a return to the resistance zone around the 0.00000008500 level for a bullish option. Then we need a breakout above and to hold up there. With such a move, we would climb above the EMA50 moving average. This would be interpreted as a positive sign for the continued bullish side. Potential higher targets are the 0.00000008600 and 0.00000008700 levels.

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