• Investing
  • Stock
Round Table Thoughts
  • Economy
  • Editor’s Pick
Home Economy ApeCoin and Akita Inu: ApeCoin slipped below the EMA 200
Economy

ApeCoin and Akita Inu: ApeCoin slipped below the EMA 200

by October 17, 2024
by October 17, 2024 0 comment
Share
0
FacebookTwitterPinterestWhatsapp

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.

You Might Also Like
  • FLASHBACK: Biden made revealing comment about niece’s Obama admin role while praising ‘rising China’
  • New ‘Reagan’ movie shows president’s strengths and why he is most remembered for fighting ‘evil’
  • Vivek Ramaswamy preps for upcoming Republican debate with shirtless tennis
  • Trial underway for Kansas man who threatened congressman, claimed to be ‘Messiah’
Share
0
FacebookTwitterPinterestWhatsapp

previous post
Solana and Cardano: New Targets and Levels for Thursday
next post
Dogecoin and Shiba Inu: Dogecoin in retreat since last night

You may also like

Federal judge blocks Arkansas law banning librarians from exposing minors...

July 31, 2023

Top Kennedy staffer steps down from role citing ‘hateful and...

May 23, 2024

Trump mocks RFK Jr for not making debate stage: ‘Maybe...

June 21, 2024

Dogecoin and Shiba Inu: September Targets & Prices

September 24, 2024

Pompeo blasts Biden admin for making ‘same mistake’ as Obama...

March 4, 2024

Biden again ignores reporters’ questions on classified documents

January 17, 2023

Rubio warns Chinese cyberattack ‘will be 100 times worse’ than...

February 23, 2024

White House preparing in case Congress makes UNRWA funding pause...

March 14, 2024

Morning Glory: What ‘Masters of the Air’ teaches about Israel’s...

March 19, 2024

Hunter Biden spotted getting off private jet days after contradicting...

July 31, 2023

    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

    • How to Find Compelling Charts in Every Sector

      July 10, 2025
    • White House accuses Powell of mismanaging Federal Reserve, citing headquarters renovation

      July 10, 2025
    • Italian chocolate giant Ferrero to buy Kellogg’s Froot Loops maker

      July 10, 2025
    • OpenAI to release web browser in challenge to Google Chrome

      July 10, 2025
    • Sports executive charged with bid-rigging in Texas arena project

      July 10, 2025

    Popular Posts

    • 1

      Biden appointee played key role in recruiting Chinese...

      June 25, 2024 3,631 views
    • 2

      Trump-era China sanctions ended by Biden may be...

      June 27, 2024 2,919 views
    • 3

      Walz’s honeymoon with China gets fresh scrutiny as...

      August 9, 2024 2,607 views
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful...

      July 10, 2024 2,577 views
    • 5

      Harris VP pick spent years promoting research facility...

      August 29, 2024 2,451 views

    Categories

    • Economy (7,009)
    • Editor's Pick (2,171)
    • Investing (538)
    • Stock (2,662)

    Popular Posts

    • 1

      Biden appointee played key role in recruiting Chinese businesses to Delaware: ‘Longtime friends’

      June 25, 2024
    • 2

      Trump-era China sanctions ended by Biden may be revived under new House GOP bill

      June 27, 2024
    • 3

      Walz’s honeymoon with China gets fresh scrutiny as Harris camp blasts ‘lying’ critics

      August 9, 2024
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful of Chinese spy threats

      July 10, 2024
    • 5

      Harris VP pick spent years promoting research facility that collaborated with ‘Chinese military company’

      August 29, 2024

    Latest News

    • How to Find Compelling Charts in Every Sector

      July 10, 2025
    • White House accuses Powell of mismanaging Federal Reserve, citing headquarters...

      July 10, 2025
    • Italian chocolate giant Ferrero to buy Kellogg’s Froot Loops maker

      July 10, 2025

    Categories

    • Economy (7,009)
    • Editor's Pick (2,171)
    • Investing (538)
    • Stock (2,662)

    Disclaimer: RoundTableThoughts.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 © 2024 RoundTableThoughts.com. All Rights Reserved.

    Round Table Thoughts
    • Investing
    • Stock
    Round Table Thoughts
    • Economy
    • Editor’s Pick

    Read alsox

    Arkansas passes sweeping education reform bill,...

    March 8, 2023

    They are the 96% and that’s...

    January 17, 2024

    US launches Middle East airstrikes after...

    February 3, 2024
    Sign In

    Keep me signed in until I sign out

    Forgot your password?

    Password Recovery

    A new password will be emailed to you.

    Have received a new password? Login here