ApeCoin retreats to a new low along with Akita Inu

<div><img width="1400" height="1050" src="https://www.financebrokerage.com/wp-content/uploads/2022/05/Screen_Shot_2022_03_16_at_6.32.10_PM.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="ApeCoin chart analysis" decoding="async" loading="lazy" /></div><h1><b>ApeCoin retreats to a new low along with Akita Inu</b></h1>
<ul>
<li aria-level="1">After the jump in the price of ApeCoin on Monday to the 1,590 level, a retreat followed and a new low price was formed at the 1,320 level.</li>
<li aria-level="1">Yesterday, we saw the Akita Inu price break below last week’s support at the 0.0000001000 level.</li>
</ul>
<h2><b>ApeCoin chart analysis</b></h2>
<p>After the jump in the price of ApeCoin on Monday to the 1,590 level, a retreat followed and a new low price was formed at the 1,320 level. We found support at that low and initiated a consolidation to the 1,400 level. We are now holding in this zone and testing the EMA50 moving average.</p>
<p>We need a breakout above if we want to see if the price of ApeCoin will rise. Potential higher targets are 1,420 and 1,440 levels. We need a negative consolidation and pullback to 1,360 levels for a <a href="https://www.financebrokerage.com/umma-token/">bearish</a> option. Thus, we would again turn towards the previous low and have the opportunity to test it again. Potential lower targets are 1,300 and 1,280 levels.</p>
<p><img decoding="async" loading="lazy" class="aligncenter wp-image-242212 size-large" src="https://www.financebrokerage.com/wp-content/uploads/2023/11/2OLclo3x-1024×620.jpg" alt="ApeCoin chart analysis" width="1024" height="620" /></p>
<h2><b>Akita Inu chart analysis</b></h2>
<p>Yesterday, we saw the Akita Inu price break below last week’s support at the 0.0000001000 level. It was formed a new November low at the 0.0000000901 level. We stayed below for a short time, and with a positive consolidation, we returned to the 0.0000000990 level. We are again close to testing and returning above the 0.0000001000 level. If we succeed in this, we will have a good basis for further recovery. Potential higher targets are 0.0000001020 and 0.0000001040 levels.</p>
<p>The EMA50 moving average is in the zone around 0.0000001060 levels. We need a negative consolidation and price pullback to the 0.0000000950 level for a bearish option. This would mean that the bearish is slowly taking over and that a retest of the previous support is a sure thing. Potential lower targets are 0.0000000900 and 0.0000000880 levels.</p>
<p><img decoding="async" loading="lazy" class="aligncenter wp-image-242214 size-large" src="https://www.financebrokerage.com/wp-content/uploads/2023/11/MFlB20sz-1024×620.jpg" alt="Shiba Inu chart analysis" width="1024" height="620" /></p>
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