Investing

ApeCoin and Akita Inu: Targets and Price Overview 

ApeCoin and Akita Inu: Targets and Price Overview 

The new weekly high price of ApeCoin was formed yesterday at the 0.769 level
Over the weekend, Akita Inu’s price struggled with resistance in the EMA 200 moving average

ApeCoin chart analysis

The new weekly high price of ApeCoin was formed yesterday at the 0.769 level. After that, the price goes on the defensive and begins bearish consolidation. This morning’s support at the 0.735 level did not hold, and we had to make a step below to the 0.720 level. A new weekly low was formed at that level. We saw a brief recovery to EMA 200 and 0.735, where we encounter new resistance. That could trigger another bearish consolidation below today’s low.

Potential lower targets are 0.710 and 0.700 levels. For a bullish option, we need a positive consolidation and a return above the 0.750 level. Then, ApeCoin should stay in that zone. If he succeeds in this, he will have the opportunity to start a bullish consolidation at higher levels. Potential higher targets are 0.760 and 0.770 levels.

 

Akita Inu chart analysis

Over the weekend, Akita Inu’s price struggled with resistance in the EMA 200 moving average. Finally, on Monday, we saw a break above the EMA 200 and a strengthening of the bullish momentum. This morning the price finds new support at the 0.00000008000 level. This prompted Akita Inu to make a brief bullish impulse to 0.00000009349, forming a new weekly high there. After that, the price pulled back to 0.00000008380 and is now trying to stay there.

If the pullback continues, we will have to retest this morning’s support at the 0.00000008000 level. Potential lower targets are 0.00000007800 and 0.00000007600 levels. For the bullish option, it is necessary for the Akita Inu to stabilize and turn to the bullish side again. Next, we will look at the initiation of a bullish consolidation. Potential higher targets are the 0.0000008600 and 0.00000008800 levels.

 

The post ApeCoin and Akita Inu: Targets and Price Overview  appeared first on FinanceBrokerage.

You May Also Like

Latest News

Not since LeBron James was drafted 20 years ago has there been this much excitement about an NBA prospect – as shown by the...

Editor's Pick

IoT Analytics published the Q1/2023 update of their “Global Cellular IoT Module and Chipset Market Tracker & Forecast” – an interactive dashboard and structured...

Latest News

Here’s a look at the life of Imelda Marcos, the former first lady of the Philippines. Wife of the late Ferdinand Marcos, who ruled...

Economy

This year marks the 78th anniversary of the atomic bombings of Hiroshima and Nagasaki. On August 6th, 1945 “Fat Man” instantly killed 80,000 of...

Disclaimer: Boostyoursavings.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2024 Boostyoursavings.com