Connect with us

Hi, what are you looking for?

Oracle of  Omaha Says – Investing and Stock NewsOracle of  Omaha Says – Investing and Stock News

Economy

ApeCoin and Akita Inu: ApeCoin slide towards 1,800 level

ApeCoin and Akita Inu: ApeCoin slide towards 1,800 level

ApeCoin price continues to pull back, forming a new lower low.
The Akita Inu price continues to slide today, forming a new July low at 0.0000001081.

ApeCoin chart analysis

The price of ApeCoin  continues to pull back, forming a new lower low. The fall was stopped yesterday at 1.809, where the price finds support and begins a minor recovery to 1.85. Over the weekend, the price tried to consolidate and hold above the 1,850 level, but yesterday a breakout below occurred, and the price slipped to a new low.

We need a positive consolidation and a move to 1,875 levels for a bullish option. Then we need to hold on and consolidate so that we can start further recovery. Potential higher targets are 1,900 and 1,950 levels. Adding to the bullish trend in that zone is the EMA50 moving average.

We need a negative consolidation and price pullback to 1,800 levels for a bearish option. A drop below would form a new low; potential lower targets are 1,775 and 1,700.

Akita Inu chart analysis

The Akita Inu price continues to slide today, forming a new July low at 0.0000001081. For a week now, the price has been in a bearish trend for a week after pulling back below the EMA50 moving average. There is a high probability that we will see a further retreat of the Akita Inu in the rest of the week. Potential lower targets are the 0.0000001070 and 0.0000001060 levels.

We need a positive consolidation and recovery to the 0.0000001120 level for a bullish option. Then we need to break through above that level and try to stay up there. If we succeed in that intention, we will have the opportunity to start a further recovery. Potential higher targets are the 0.0000001130, 0.0000001140 and 0.0000001150 levels. Additional resistance at 0.0000001150 is the EMA50 moving average.

 

The post ApeCoin and Akita Inu: ApeCoin slide towards 1,800 level appeared first on FinanceBrokerage.

Trending

You May Also Like

Latest News

A former Republican legislative candidate who traveled to Washington for former President Donald Trump’s ‘Stop the Steal’ rally was arrested Friday and charged with...

Latest News

Abbe Lowell, Hunter Biden’s attorney, filed an ethics complaint Friday against Georgia Rep. Marjorie Taylor Green after she displayed censured nude photos of the president’s...

Latest News

President Biden has overruled the Pentagon and chosen Adm. Lisa Franchetti to lead the Navy, making her the first woman, if she’s confirmed, to...

Latest News

An Elias Law Group suit filed Thursday seeks to reinstate Wisconsin voters’ ability to deposit absentee ballots in drop boxes.The practice was barred by...

Disclaimer: Oracleofomahasays.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 © 2023 Oracleofomahasays.com