Connect with us

Hi, what are you looking for?

Daily Market SolutionDaily Market Solution

Economy

ApeCoin and Akita Inu: Daily Overview of Prices and Targets

ApeCoin and Akita Inu: Daily Overview of Prices and Targets

  • On Wednesday, the price of ApeCoin continued to sink to a new weekly low of 0.655
  • The Akita Inu price hit a new weekly low on Wednesday at 0.00000007029

ApeCoin chart analysis

On Wednesday, the price of ApeCoin continued to sink to a new weekly low of 0.655. We see a slight recovery after that to the 0.680 level. If we don’t get back above 0.700 soon, we will have to continue on the bearish side. Potential lower targets are 0.640 and 0.620 levels.

A bullish consolidation above 0.700 would be a significant move for ApeCoin, potentially leading to a test of the previous high. This time, we anticipate a break above and the formation of a new daily high. As we approach the 0.720 level, we encounter the EMA50 moving average, a key indicator. Its support is crucial for us to continue growing on the bullish side. Potential higher targets are 0.740 and 0.760 levels. The EMA 200 could pose a challenge in the 0.760 zone.

ApeCoin chart analysis

 

Akita Inu chart analysis

The Akita Inu price hit a new weekly low on Wednesday at 0.00000007029. Shortly after that, the price stabilizes, and this morning, we saw a recovery to the 0.00000007300 level. We have solid bullish momentum and expect AkitaInu to continue its bullish growth. A bounce above 0.00000007600 gives us support from the EMA 50 moving average for continued recovery.

Potential higher targets are 0.00000007800 and 0.00000008000 levels. We will have additional resistance in the EMA 200 moving average in the 0.00000008000 zone. On Tuesday, we had an attempt to get back above EMA 200, but the momentum was insufficient for such a scenario. For a bearish option, we need a negative consolidation and pullback to the 0.00000007000 level. This moves us to a new weekly low and confirms bearish pressure. Potential lower targets are 0.00000006800 and 0.0000006600 levels.

Akita Inu chart analysis

 

The post ApeCoin and Akita Inu: Daily Overview of Prices and Targets appeared first on FinanceBrokerage.







    You May Also Like

    Editor's Pick

    Extremist supporters of former president Donald Trump are lashing out online against Usha Vance, the wife of Trump’s running mate, Sen. J.D. Vance (R-Ohio),...

    Investing

    Overview Energy Fuels (TSX:EFR,NYSE:UUUU) has been the largest producer of uranium in the United States and an emerging producer of rare earth elements (REEs)....

    Investing

    Australia is home to a thriving tech sector with investment opportunities across a variety of subsectors. The tech sector contributed about AU$167 billion to...

    Editor's Pick

    Sister Stephanie Schmidt had a hunch about what her fellow nuns would discuss over dinner at their Erie, Pennsylvania, monastery on Wednesday night. The...

    Disclaimer: Dailymarketsolution.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 dailymarketsolution.com