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ApeCoin and Akita Inu: ApeCoin pulls back below 3,000 again

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June 8, 2023
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ApeCoin and Akita Inu: ApeCoin pulls back below 3,000 again
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ApeCoin and Akita Inu: ApeCoin pulls back below 3,000 again

ApeCoin price is in a new pullback today after yesterday’s recovery. 
Akita Inu’s price recovery stopped yesterday at the 0.0000001280 level.

ApeCoin chart analysis

ApeCoin price is in a new pullback today after yesterday’s recovery. This morning we had support at the 3,200 level; later, there was a break below, and now we are at the 2,955 level. If this consolidation continues, the price could fall to the previous support at the 2,800 level.

We need a positive consolidation and a return above the 3,000 level for a bullish option. Then we need to stay above that in order to continue the recovery. Potential higher targets are 3,100 and 3,200 levels.

Akita Inu chart analysis

Akita Inu’s price recovery was stopped yesterday at the 0.0000001280 level. After that, the price starts to fall, and bearish consolidation begins. We are now at the 0.0000001220 level and would very likely see a drop to the previous support zone around the 0.0000001180 level. Potential lower targets are the 0.0000001160 and 0.0000001140 levels.

We need a new positive consolidation and a move to the 0.0000001260 level for a bullish option. Then we need a break above that level for further continuation to the bullish side. Potential higher targets are 0.0000001280 and 0.0000001300 levels.

 

The post ApeCoin and Akita Inu: ApeCoin pulls back below 3,000 again appeared first on FinanceBrokerage.

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