Economy

ApeCoin and Akita Inu: ApeCoin crosses 1,450 level

ApeCoin and Akita Inu: ApeCoin crosses 1,450 level

Last night, we saw a jump in the price of ApeCoin to the 1,450 level.
Yesterday we saw a strong bullish impulse in Akita Inu price to 0.0000002128.

ApeCoin chart analysis

Last night, we saw a jump in the price of ApeCoin to the 1,450 level. Today, we continue in the same rhythm and jump over that level with the support of the EMA50 moving average. During the night, the price managed to maintain itself in the 1,400-1,450 range so that in the previous hours, we saw a break above and a continuation on the bullish side. Now, we expect to see further recovery, and potential higher targets are 1,500 and 1,550 levels.

For a bearish option, we would have to first get back below the 1,400 support level. With that, the price would retreat below the EMA50 moving average, further strengthening the bearish pressure. The price would be forced to retreat to seek refuge at lower levels. Potential lower targets are 1,350 and 1,300 levels.

 

Akita Inu chart analysis

Yesterday we saw a strong bullish impulse in Akita Inu price to 0.0000002128. We stayed there very short, and the price quickly retreated to the 0.0000001650 level. There, we get the first support that tries to start a new impulse. It succeeds in this but stops at the 0.0000001800 level. After that, we follow another pullback now to the 0.0000001600 level. In this zone, we encounter the EMA50 moving average and expect to receive its support.

Potential higher targets are 0.0000001700 and 0.0000001750 levels. We need a negative consolidation drop below the EMA50 and 0.0000001550 for a bearish option. Thus, we would move to the bearish side and could continue to pull back to lower levels. Potential lower targets are the 0.0000001500 and 0.0000001450 levels.

The post ApeCoin and Akita Inu: ApeCoin crosses 1,450 level appeared first on FinanceBrokerage.

You May Also Like

Editor's Pick

Source: Ark Invest / Instagram ARK Investment Management, led by prominent investor Cathie Wood, has reduced its holdings in the Grayscale Bitcoin Trust (GBTC)...

Latest News

A super PAC that has overseen much of Ron DeSantis’s presidential operation has fired its CEO less than two weeks after the previous chief...

Latest News

WINDHAM, N.H. — It’s pouring rain Saturday morning as New Hampshire Gov. Chris Sununu (R) arrives at Mary Ann’s diner in Windham, fielding calls...

Stock

Popeyes is expanding its menu beyond chicken sandwiches — and it’s a permanent change this time. The fast-food chain announced Wednesday it’s adding five...

Disclaimer: Incomeinnovatorhub.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2024 incomeinnovatorhub.com