ApeCoin and Akita Inu: ApeCoin slides to 1,750 level

<div><img width="1200" height="665" src="https://www.financebrokerage.com/wp-content/uploads/2023/07/ApeCoin-and-Akita-Inu.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="ApeCoin" decoding="async" loading="lazy" /></div><h1><b>ApeCoin and</b> <strong>Akita</strong><b> Inu: ApeCoin slides to 1,750 level</b></h1>
<ul>
<li aria-level="1">The price of ApeCoin continues to slide and forms a new low at the 1,719 level.</li>
<li aria-level="1">Akita Inu’s price drops to a new low at 0.00000009382 level.</li>
</ul>
<h2><b>ApeCoin chart analysis</b></h2>
<p>The price of ApeCoin continues to slide and forms a new low at the 1,719 level. Last week, we fell below the EMA50, which had the effect of starting a stronger bearish trend with 2,050 levels. Over the weekend, the price failed to hold above the 1,950 level, and we saw a breakout below. Even the 1,900 level failed to support us, and the price continued to retreat.</p>
<p>We are now seeing an end to the decline and the beginning of a possible recovery. ApeCoin is now trying to break above the 1,800 level. Then, we need to stay above it and start the <a href="https://www.financebrokerage.com/stock-market-predictions-a-strong-market-recovery/">recovery</a> with consolidation. Potential higher targets are 1,850 and 1,900 levels.</p>
<p>We need a negative consolidation and pullback below the 1,750 level for a bearish option. This could cause it to fall below and form a new low. Potential lower targets are 1,700 and 1,650 levels.</p>
<p><img decoding="async" loading="lazy" class="aligncenter wp-image-216090 size-large" src="https://www.financebrokerage.com/wp-content/uploads/2023/08/ibrAb70e-1024×621.jpg" alt="ApeCoin chart analysis" width="1024" height="621" /></p>
<h2><b>Akita Inu chart analysis</b></h2>
<p>Akita Inu’s price drops to a new low at 0.00000009382 level. After that, we see a recovery above the 0.00000009500 level. It is now possible that we will return to the previous movement zone 0.00000009700-0.0000001000. If we succeed in that, we will have the opportunity to start a further recovery. We encounter the EMA50 moving average in the zone, which could be the main obstacle to our recovery.</p>
<p>For a bearish option, we need a continuation of the negative consolidation into a pullback below the 0.00000009400 level. After that, we can expect the formation of a new low, and the potential lower targets are the 0.00000009300 and 0.00000009200 levels.</p>
<p><img decoding="async" loading="lazy" class="aligncenter wp-image-216092 size-large" src="https://www.financebrokerage.com/wp-content/uploads/2023/08/RHwM59ok-1024×621.jpg" alt="Akita Inu Chart Analysis" width="1024" height="621" /></p>
<p>&nbsp;</p>
<p>The post <a rel="nofollow" href="https://www.financebrokerage.com/apecoin-and-akita-inu-apecoin-slides-to-1750-level/">ApeCoin and Akita Inu: ApeCoin slides to 1,750 level</a> appeared first on <a rel="nofollow" href="https://www.financebrokerage.com">FinanceBrokerage</a>.</p>