ApeCoin and Akita Inu: New high of ApeCoin at 1,147 level
- During the weekend, the price of ApeCoin jumped up to 1,460 levels, and on Sunday evening, we saw a pullback to 1,380 levels.
- During the weekend, the Akita Inu price made a bullish impulse to the 0.0000001500 level.
ApeCoin chart analysis
During the weekend, the price of ApeCoin jumped up to 1,460 levels, and on Sunday evening, we saw a pullback to 1,380 levels. In that zone, the price finds support in the EMA200 moving average and starts recovery. Yesterday, before noon, the price recovered slightly, and in the afternoon, we saw a strong bullish impulse until a new high was established at the 1,471 level. After that, the price loses momentum and begins a retreat that continues today.
Potential lower targets are 1,400 and 1,390 levels. The EMA200 is now at the 1,390 level and here we expect its next support. We need a positive consolidation and a move above the 1,430 price from today’s opening for a bullish option. After that, we need to stay above it before moving on with the recovery. Potential higher targets are 1,440 and 1,450 levels.
Akita Inu chart analysis
During the weekend, the Akita Inu price made a bullish impulse to the 0.0000001500 level. It quickly managed to return to the starting position, and we continued with the previous movement in the 0.0000001340-0.0000001400 range. Yesterday and today, we continue in the same rhythm, but the upper level has dropped to the 0.0000001380 level. Additional pressure in that zone creates the EMA200 moving average, and the price makes a new pullback, looking for support at the 0.0000001350 level.
We are close to testing the weekend support level. A break below would take us back to the support zone from last week. Potential lower targets are the 0.0000001320 and 0.0000001300 levels. We need to hold above the 0.0000001380 level and the EMA200 moving average for a bullish option. We need to stay above that if we plan further recovery. Potential higher targets are 0.0000001400 and 0.0000001420 levels.
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