ApeCoin is around 1,600, and Akita Inu is sitting at EMA50

ApeCoin chart analysis

ApeCoin price continues yesterday’s sideways movement in the 1,550-1,650 range. For now, we have resistance at the 1,650 level, and we would have to climb above it if we want to see a continuation to the bullish side. We have support at the EMA50 moving average and could use that to our advantage. Potential higher targets are 1,700 and 1,750 levels.

We need a price drop below the EMA50 and the 1,550 support level for a bearish option. Thus, we would arrive at the formation of a new low and receive confirmation of the bearish option. Potential lower targets are 1,500 and 1,450 levels. By falling to 1,450 levels, we would return to last week’s support zone.

Akita Inu chart analysis

This week’s Akita Inu price movement occurs in the 0.0000001000-0.0000001080 range. We are currently at the 0.0000001065 level above the EMA50 moving average and expect to see continued positive consolidation and a new test of the 0.0000001080 resistance level. A break above would be very helpful for us to continue on the bullish side.

Potential higher targets are 0.0000001100 and 0.0000001120 levels. For a bearish option, we need a negative consolidation and pullback of the Akita Inu price to the 0.0000001000 level. A fall below this support level would certainly introduce further volatility on the chart and shake the price of the Akita Inu. Potential lower targets are 0.0000000980 and 0.0000000960 levels.

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