ApeCoin and Akita Inu: ApeCoin has stabilized above 2.000

• ApeCoin price is in a strong bullish trend after finding support on Friday at the 1,800 level. 
• Last Thursday, Akita Inu’s price had a strong bullish impulse from 0.0000002765 to 0.0000004990.

ApeCoin chart analysis

ApeCoin price is in a strong bullish trend after finding support on Friday at the 1,800 level. Over the weekend, we saw a constant rise in price so on Sunday, we were higher at the 2,000 level and above the EMA200 moving average. We continue the bullish consolidation on Monday and move above the 2,050 level. A new bullish impulse followed this morning, and here we are at a new weekly high.

Potential higher targets are 2,150 and 2,200 levels. We need a pullback and a drop to the previous support at the 2,050 level for a bearish option. New pressure on this price could cause us to slip below to a new daily low and thereby extend the bearish option. Potential lower targets are 2,000 and 1,950 levels. Again, around the 2,000 level, we will meet the EMA200 and maybe get new support at that level.

Akita Inu chart analysis

Last Thursday, Akita Inu’s price had a strong bullish impulse from 0.0000002765 to 0.0000004990. Already in the next hour, the price retreated below the 0.0000003600 level. On Friday, the price dropped to the 0.0000003000 level, where it is supported by the EMA200 moving average. During the weekend, the price moved in the 0.0000002900-0.0000003400 range.

On Monday, the sideways movement above the EMA200 continued. For now, this is the main parameter that we can expect bullish consolidation and growth to higher levels. Potential higher targets are 0.0000003500 and 0.0000003600 levels. We would need to break below 0.0000002900 and the moving averages for a bearish option. With that, we go down and fall under bearish pressure. Potential lower targets are the 0.0000002800 and 0.0000002700 levels.

The post ApeCoin and Akita Inu: ApeCoin has stabilized above 2.000 appeared first on FinanceBrokerage.