- Over the previous weekend, ApeCoin price saw a strong bullish consolidation from 0.730 to 1.730.
- On Sunday, October 21, the price of Akita Inu rose to a new weekly high of 0.00000014880.
ApeCoin Chart Analysis
Over the previous weekend, ApeCoin price saw a strong bullish consolidation from 0.730 to 1.730. The price rose 132.0% in just 15 hours. After that, we saw a bearish retracement to 1,370 levels. ApeCoin managed to gain new support at that level and rose to a new high of 1759 on Monday, October 21. We held above for a short time and the price retreated to new support at 1490.
On Tuesday, October 22, the price had an upward attempt that was stopped at the 1,700 level. ApeCoin loses momentum again and retreats to the previous support level of 1,490. If the pressure is too strong to hold there, we will see a break below and the formation of a new low. Potential lower targets are the 1,400 and 1,300 levels. For a bullish option, we need a return above 1,600 and the daily opening level. With that, we move towards the positive side. After that, we expect to see a recovery in ApeCoin price. The highest potential targets are the 1,700 and 1,800 levels.
Akita Inu graphic analysis
On Sunday, October 21, the price of Akita Inu rose to a new weekly high of 0.00000014880. After the loss of bullish momentum, the price begins a pullback. This week, we see a continuation of the price decline to the level of 0.00000011700. In this area we find the 200 EMA moving average, which could prevent a further fall. If the bearish pressure is strong, we will see a break below and the creation of a new weekly low.
Possible lower targets are the 0.00000011500 and 0.00000011000 levels. For a bullish option, we need the start of a bullish consolidation above the level 0.00000012500. With this step we will form the bottom, which will facilitate the beginning of a greater recovery. The highest potential targets are the 0.00000013000 and 0.000000135000 levels.
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