ApeCoin and Akita Inu: ApeCoin crosses 1,450 level

ApeCoin chart analysis

Last night, we saw a jump in the price of ApeCoin to the 1,450 level. Today, we continue in the same rhythm and jump over that level with the support of the EMA50 moving average. During the night, the price managed to maintain itself in the 1,400-1,450 range so that in the previous hours, we saw a break above and a continuation on the bullish side. Now, we expect to see further recovery, and potential higher targets are 1,500 and 1,550 levels.

For a bearish option, we would have to first get back below the 1,400 support level. With that, the price would retreat below the EMA50 moving average, further strengthening the bearish pressure. The price would be forced to retreat to seek refuge at lower levels. Potential lower targets are 1,350 and 1,300 levels.

Akita Inu chart analysis

Yesterday we saw a strong bullish impulse in Akita Inu price to 0.0000002128. We stayed there very short, and the price quickly retreated to the 0.0000001650 level. There, we get the first support that tries to start a new impulse. It succeeds in this but stops at the 0.0000001800 level. After that, we follow another pullback now to the 0.0000001600 level. In this zone, we encounter the EMA50 moving average and expect to receive its support.

Potential higher targets are 0.0000001700 and 0.0000001750 levels. We need a negative consolidation drop below the EMA50 and 0.0000001550 for a bearish option. Thus, we would move to the bearish side and could continue to pull back to lower levels. Potential lower targets are the 0.0000001500 and 0.0000001450 levels.

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