- We saw ApeCoin's new September high price on Saturday at the 0.874 level.
- Akita Inu price rose to 0.00000009845 on Friday, reaching a new high
ApeCoin Chart Analysis
We saw ApeCoin's new September high price on Saturday at the 0.874 level. We stayed up there for a short time because a bearish consolidation and a drop to the 0.800 level quickly began. Then on Saturday, we saw the first recovery to 0.840, where ApeCoin found new resistance and formed a lower high. On Sunday the price tried again to break the resistance zone, but to no avail.
Strengthening bearish momentum pushed ApeCoin price to a new low of 0.776 on Monday. We currently remain in that area and could see a slight recovery tonight. The highest potential targets are the 0.790 and 0.800 levels. For a bearish option, we need a negative price consolidation below the 0.770 level. With this step we will move to a new weekly low and thus confirm the continuation towards the bearish side. The lowest possible targets are the 0.760 and 0.750 levels.
Akita Inu graphic analysis
Akita Inu price rose to 0.00000009845 on Friday, reaching a new high. Later in the day, we saw the beginning of a bearish consolidation to the 0.00000008500 support zone. Over the weekend, the price consolidated sideways with support from the 200 EMA. Monday brought new volatility and a drop below the moving average and the 0.0000008200 level. We didn't manage to stay there either; The Akita Inu price fell to 0.00000007800, a new weekly low.
After that, the price slowed down and remained in the support zone. With the new momentum we will see the formation of a new weekly low and the confirmation of the bearish pressure on the price. Possible lower targets are the 0.00000007600 and 0.00000007400 levels. For a bullish option, Akita Inu price must return above the 200 EMA and the 0.00000008400 level. With that step, we will have a new opportunity to connect with the bullish side. The highest potential targets are the 0.00000008600 and 0.00000008800 levels.
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