Connect with us

Hi, what are you looking for?

The Freedom RightThe Freedom Right

Economy

What can ApeCoin price be after forming a double bottom?

What can ApeCoin price be after forming a double bottom?

ApeCoin price may soon initiate a bullish impulse after forming a double bottom. 
The Akita Inu price was in a bearish consolidation from the beginning of the week until yesterday when it gained support at the 0.0000001270 level. 

ApeCoin chart analysis

ApeCoin price may soon initiate a bullish impulse after forming a double bottom. We see a break above the neckline at the 1,720 level and expect to start a further recovery. 1,760 could be a small obstacle for us, but we hope to overcome that obstacle and continue on the bullish side. Potential higher targets are 1,780 and 1,800 levels. This week’s high is far away at the 1,910 level for now.

The price should first pull back below the 1,720 level for a bearish option. With that, we would move towards 1,660 and the EMA200 moving average. By returning to this zone, the price of ApeCoin would be under pressure to break below and form a new low. Potential lower targets are 1,640 and 1,620 levels.

Akita Inu chart analysis

The Akita Inu price was in a bearish consolidation from the beginning of the week until yesterday when it gained support at the 0.0000001270 level. From that level, we started a bullish consolidation that continues today. The price is now at the 0.0000001330 level and we expect to see a continuation to the bullish side and further recovery. Potential higher targets are 0.0000001360 and 0.0000001380 levels.

In the zone around 0.0000001380, we come across the EMA200 moving average, which could determine the further trend of the Akita Inu. The Akita Inu would have to move back below the 0.0000001320 level for a bearish option. With that, we would fall below the daily open price, increasing the pressure for the continuation of the bearish side. Potential lower targets are 0.0000001300 and 0.0000001280.

The post What can ApeCoin price be after forming a double bottom? 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