- Today’s bullish consolidation pushed ApeCoin price to the 0.820 level, creating a new September high.
- Akita Inu price managed to stabilize above the 200 EMA over the past seven days.
ApeCoin Chart Analysis
Today’s bullish consolidation pushed the ApeCoin price to the 0.820 level, creating a new September high. Over the weekend, the price came under strong bearish pressure, resulting in a pullback to the 0.760 level. There, we got support from the 200 EMA moving average, which kept us above on the positive side. After that, on Monday, the price started a bullish consolidation and today, we saw a jump to a new weekly growth.
Possible upper targets are the 0.830 and 0.840 levels. For a bearish option, we need a negative consolidation, a downward move to 0.800 and the EMA 50 moving average. With such a move, we move under bearish pressure and ApeCoin will be forced to start a new pullback. We can expect further support in the weekly opening price zone of 0.780 and the EMA 200 moving average. Possible lower targets are the 0.770 and 0.760 levels.
Graphic analysis of the Akita Inu
The Akita Inu price managed to stabilize above the 200 EMA over the past seven days. On Friday, we had a push to the 0.00000009100 level to a new weekly high. After that, we spent the weekend consolidating in the 0.00000007800-0.00000008400 range. On Monday, the price started a new bullish consolidation to the 0.00000008900 level. After forming this week’s high, the Akita Inu again pulled back to 0.00000008130 and the 200 EMA moving average.
We expect a new support and a return above the 0.00000008400 level. With such a move, we will start a bullish consolidation, and with the support of the moving averages, it will be much easier for us. Possible upper targets are the 0.00000008600 and 0.00000008800 levels. For a bearish option, we need a negative consolidation and a drop in the Akita Inu price below the 200 EMA and the weekly opening price. Such a scenario will strengthen the bearish momentum for the continuation of the pullback. Possible lower targets are the 0.00000007800 and 0.00000007600 levels.
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