ApeCoin Advances Above 0.0000001400: A Look at the Market
- Yesterday, we saw ApeCoin price support testing at the 1,420 level.
- This week, the Akita Inu price continued the bullish trend from last week.
ApeCoin chart analysis
Yesterday, we saw ApeCoin price support testing at the 1,420 level. With additional support in the EMA200, the level held and the price began to grow on the bullish side. By the end of the day, we had climbed to 1,490 levels. Today, we see a continuation of the previous consolidation and move further above the 1,500 level. A daily high was formed at the 1,506 level.
For now, there are no signs of a weakening of the trend, and we expect to see the growth and climb of the price of ApeCoin to higher levels. Potential higher targets are 1,510 and 1,520 levels. We need a negative consolidation and a pullback to the 1,470 level for a bearish option. A price drop below this support would reinforce a bearish option. Potential initial targets are 1.4600 and 1.450 levels.
Akita Inu chart analysis
This week, the Akita Inu price continued the bullish trend from last week. On Sunday, we saw a high at the 0.0000001400 level. This was followed by a pullback to Monday’s support at the 0.0000001350 level. From there, prices start a new positive consolidation that continues today, taking us up to the 0.0000001428 level. With this move, we skipped last week’s high.
Potential higher targets are the 0.0000001440 and 0.0000001450 levels. We need a price pullback below the 0.0000001400 level for a bearish option. Thus, we would move away from the previous high and turn to the bearish side. The price would quickly slip with a new impulse and visit some lower support levels. Potential lower targets are the 0.0000001390 and 0.0000001380 levels.
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