- ApeCoin price has retreated from yesterday's high.
- Last night we saw the formation of a new Akita Inu price high at the 0.0000001357 level.
ApeCoin Chart Analysis
ApeCoin price has retreated from yesterday's high. Today we see a new drop below the EMA50 moving average, which may increase the pressure and cause the price to start a new pullback. Yesterday's low was at the 1,580 level, which would be important for us if we want to hold on and start a new recovery. A break below forms a new price low and confirms a bearish option.
Possible lower targets are 1,560 and 1,540 levels. We need positive consolidation and a return to the 1,660 resistance level for a bullish option. A break above would instill optimism about a further bullish recovery. The highest potential targets are the 1,680 and 1,700 levels.
Akita Inu graphic analysis
Last night we saw the formation of a new Akita Inu price high at the 0.0000001357 level. We stop there and begin a pullback that continues today to the 0.0000001200 level. The price remains under pressure to continue further pullbacks to previous support levels. Possible lower targets are the 0.0000001180 and 0.0000001160 levels.
We will have additional support at the EMA50 moving average in the area around the 0.0000001160 level. We need a positive consolidation and a move towards the 0.0000001280 level for a bullish option. Then we need to stay above it so we can continue our recovery from there. The highest potential targets are the 0.0000001300 and 0.0000001320 levels.
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