ApeCoin and Akita Inu: New Targets and Prices for This Week
- Today’s bullish consolidation pushed the price of ApeCoin to the 0.820 level, creating a new September high
- The Akita Inu price managed to stabilize above the EMA 200 in the last seven days
ApeCoin chart analysis
Today’s bullish consolidation pushed the price of ApeCoin to the 0.820 level, creating a new September high. During the weekend, the price was under strong bearish pressure, which resulted in a pullback to the 0.760 level. There, we got support from the EMA 200 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.
Potential higher targets are 0.830 and 0.840 levels. For a bearish option, we need a negative consolidation, a move down to 0.800, and the EMA 50 moving average. With that step, we are moving under bearish pressure, and ApeCoin will be forced to start a further pullback. We can expect greater support in the 0.780 weekly open price zone and EMA 200 moving average. Potential lower targets are 0.770 and 0.760 levels.
Akita Inu chart analysis
The Akita Inu price managed to stabilize above the EMA 200 in the last seven days. On Friday, we had one impulse 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 retreated to 0.00000008130 and the EMA 200 moving average.
We are hoping for new support and a return above the 0.00000008400 level. With that step, we will start a bullish consolidation, and with the support of the moving averages, it will be much easier for us. Potential higher targets are the 0.00000008600 and 0.00000008800 levels. For a bearish option, we need a negative consolidation and a drop in the price of the Akita Inu below the EMA 200 and the weekly open price. Such a scenario will strengthen the bearish momentum to continue the pullback. Potential lower targets are 0.00000007800 and 0.00000007600 levels.
The post ApeCoin and Akita Inu: New Targets and Prices for This Week appeared first on FinanceBrokerage.
