ApeCoin and Akita Inu: Apecoin is holding above 3,100

[PocketOption]

ApeCoin and Akita Inu: Apecoin is holding above 3,100 

ApeCoin and Akita Inu: Apecoin is holding above 3,100 

• The price of ApeCoin is still close to yesterday’s low at the 3,093 level. 


• The Akita Inu price maintained its position above the 0.0000001300 level.

ApeCoin chart analysis

The price of ApeCoin is still close to yesterday’s low at the 3,093 level. We had an attempt to recover this morning, but it was stopped at the 3.18 level. Today’s high met resistance in the EMA50 moving average represents the first obstacle to a more concrete price recovery.

If we manage to climb above, the price could continue to grow to 3,200, then to 3,220 levels. We need a negative consolidation and price pullback below the 3,100 support level for a bearish option. Then we would see the formation of a new lower low, and the potential lower targets are the 3,080 and 3,060 levels.

Akita Inu chart analysis

The Akita Inu price maintained its position above the 0.0000001300 level. We have additional support in the EMA50 moving average. For a bullish option, we need a more concrete bullish impulse that would push the price above the 0.0000001340 level.

Then we need to maintain above that level in order to continue the recovery. Potential higher targets are 0.0000001360 and 0.0000001380 levels. For a bearish option, we need a negative consolidation and a pullback to support at the 0.0000001280 level. If we break that support level, the continuation to the bearish side is very certain. Potential lower targets are the 0.0000001260 and 0.0000001240 levels.

 

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