Connect with us

Hi, what are you looking for?

The Freedom RightThe Freedom Right

Economy

ApeCoin Price Analysis: Pullback Below EMA200 in Akita Inu

ApeCoin Price Analysis: Pullback Below EMA200 in Akita Inu

After a fairly quiet bullish consolidation of the ApeCoin price until this morning, we saw a strong impulse and a jump to the 1,910 level.
Over the weekend, we watched the Akita Inu price pull back to the 0.0000001356 level.

ApeCoin chart analysis

After a fairly quiet bullish consolidation of the ApeCoin price until this morning, we saw a strong impulse and a jump to the 1,910 level. This year’s new high was formed. We stopped there, and the price is starting to pull back, now up to 1,800 levels. There is a high chance that we will return to the previous movement zone, which means a continuation of the pullback. Potential lower targets are 1,750 and 1,700 levels.

In the zone around 1,700 levels, we could expect support and a new bullish turn. Thus, we would return in the previous bullish channel and stabilise movement with the support of the EMA200 moving average.

Akita Inu chart analysis

Over the weekend, we watched the Akita Inu price pull back to the 0.0000001356 level. After gaining support in that zone yesterday, we saw a bullish impulse to the 0.0000001500 level. We stayed up for a short time, the price started a pullback, and we fell below the 0.0000001400 level. Additional pressure in that zone is the EMA200 moving average, and since we are in a bearish swing, the price has pulled back below.

Since then, we have remained in the support zone, putting pressure on the 0.0000001360 level. A bearish hold in that zone could easily lead to a breakout below and the formation of this week’s new low. Potential lower targets are the 0.0000001340 and 0.0000001320 levels. We need a retracement of the EMA200 and 0.0000001400 levels for a bullish option. A bottom forming above that level could trigger a bullish consolidation and recovery in Akita Inu price.

The post ApeCoin Price Analysis: Pullback Below EMA200 in Akita Inu appeared first on FinanceBrokerage.

Enter Your Information Below To Receive Latest News, And Articles.

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Stock

    A second delivery driver has died in Texas amid record-high temperatures, just as the regulation of workplace heat safety enters a new legal limbo...

    Investing

    Political advisers to both President Biden and Vice President Harris were reportedly annoyed with Democrat California Gov. Gavin Newsom over a planned debate with...

    Editor's Pick

    By the IoT Analytics team. A new report from IoT Analytics highlights eight notable trends helping to advance and promote digital twins. Four of...

    Investing

    Vermont Sen. Bernie Sanders, 81, defended President Biden, 80, against voter critiques that he lacks the energy and vigor to continue leading the United...

    Disclaimer: thefreedomright.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 © 2020-2024 The Freedom Right. All Rights Reserved