• Economy
  • Investing
Long Distance Investing
  • Stock
  • Editor’s Pick
Stock

ApeCoin and Akita Inu: ApeCoin slipped below the EMA 200

by October 17, 2024
written by October 17, 2024

ApeCoin and Akita Inu: ApeCoin slipped below the EMA 200

The price of ApeCoin continued its bearish consolidation on Thursday
Yesterday’s bullish attempt of the Akita Inu price was stopped at the 0.00000011900 level

ApeCoin chart analysis

The price of ApeCoin continued its bearish consolidation on Thursday. On Wednesday, the price fell below the weekly open level, which indicated a potential further pullback. This morning, we had a consolidation in the 0.710-7.20 range, then a break below, and the formation of the weekly low at the 0.704 level. Such a picture will only strengthen the bearish momentum to continue below the 0.700 level.

Potential lower targets are 0.690 and 0.680 levels. For a bullish option, ApeCoin must initiate a bullish consolidation above the 0.725 weekly open level. That brings us back to the upside to resistance in the EMA 200 moving average in the 0.730 zone. We expect a break above to continue to the bullish side. With the new support, we will be more relieved for further recovery. Potential higher targets are 0.740 and 0.750 levels.

 

Akita Inu chart analysis

Yesterday’s bullish attempt of the Akita Inu price was stopped at the 0.00000011900 level. We failed to climb up and test the weekly high. The price quickly lost its previous momentum up there and started to pull back to the 0.00000010500 level. We now have additional pressure in the EMA 50 moving average, which is now on the bearish side. The Akita Inu is under pressure to continue further retreating to new support.

Potential lower targets are 0.00000010000 and 0.00000009500 levels. Great support for the price in the weekly open zone was in the EMA 200 moving average. For a bullish option, the price must return above the EMA 50 and the 0.00000011000 level. After that, we have a new position to start a bullish consolidation. We expect a return above the daily open level and a strengthening of the bullish momentum. Potential higher targets are 0.00000011500 and 0.00000012000 levels.

 

The post ApeCoin and Akita Inu: ApeCoin slipped below the EMA 200 appeared first on FinanceBrokerage.

0 comment
0
FacebookTwitterPinterestEmail

previous post
SafeMoon and Litecoin: Litecoin has new support this morning
next post
GM to invest $625 million in joint venture to mine EV battery raw materials in U.S.

You may also like

Buy Bitcoin Under $100K Before The Next Bull...

April 22, 2025

Trump’s Fed Criticism Sparks Investor Concerns

April 22, 2025

Oil Prices Rebound After Trump’s Criticism of Powell

April 22, 2025

BNB Price Surge Leads Crypto Gains as Bitcoin...

April 21, 2025

Fed’s Stagflation Warning Impacts Crypto Markets

April 21, 2025

Gold Price Surge Hits $3,385 Amid Trade Tensions

April 21, 2025

Bitcoin Rebounds to $83,404 Amid Renewed Investor Confidence

April 21, 2025

Kraken Rolls Out Commission-Free Stock Trading

April 21, 2025

Bitcoin Nears $85K Amid Market Optimism

April 21, 2025

Bitcoin Slips to $83.6K Amid Nvidia’s $5.5B Charge

April 21, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Amazon extends Prime Day discounts to 4 days as retailers weigh tariffs and price increases

      July 9, 2025
    • Boeing delivers most airplanes since late 2023 after ramping up 737 Max output

      July 9, 2025
    • Waymo offers teen accounts for driverless rides

      July 8, 2025
    • Cellular IoT Module Shipments Grew 23% in Q1 2025 as US–China tensions impact vendor landscape

      July 7, 2025

    Categories

    • Economy (781)
    • Editor's Pick (420)
    • Investing (4,555)
    • Stock (820)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: Longdistanceinvestings.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 © 2025 Longdistanceinvestings.com

    Long Distance Investing
    • Economy
    • Investing
    Long Distance Investing
    • Stock
    • Editor’s Pick