Whale Large Capital
  • Politics
  • World News
  • Business
  • Investing
  • Politics
  • World News
  • Business
  • Investing

Whale Large Capital

Investing

ApeCoin and Akita Inu: ApeCoin drops to a new low on Monday

by October 1, 2024
October 1, 2024
ApeCoin and Akita Inu: ApeCoin drops to a new low on Monday

ApeCoin and Akita Inu: ApeCoin drops to a new low on Monday

We saw the new September high price of ApeCoin on Saturday at the 0.874 level
The price of Akita Inu rose to 0.00000009845 on Friday, hitting a new high

ApeCoin chart analysis

We saw the new September high price of ApeCoin on Saturday at the 0.874 level. We stayed up there for a short time because a bearish consolidation was quickly initiated and a drop to the 0.800 level. Then, on Saturday, we saw the first recovery to 0.840, where ApeCoin encountered new resistance and formed a lower high. On Sunday, the price once again tried to break through the resistance zone, but to no avail.

Strengthening bearish momentum pushed the price of ApeCoin to a new low of 0.776 on Monday. We are currently holding in that zone and could see a slight recovery tonight. Potential higher targets are 0.790 and 0.800 levels. For a bearish option, we need a negative price consolidation below the 0.770 level. With that step, we will move to a new weekly low and thus confirm the continuation to the bearish side. Potential lower targets are 0.760 and 0.750 levels.

 

Akita Inu chart analysis

The price of Akita Inu rose to 0.00000009845 on Friday, hitting a new high. Later in the day, we saw the initiation of a bearish consolidation down to the 0.00000008500 support zone. Over the weekend, the price was in a sideways consolidation with the support of the EMA 200 moving average. Monday brought new volatility and a drop below the moving average and the 0.0000008200 level. We didn’t manage to stop there either; the Akita Inu price fell to 0.00000007800, a new weekly low.

After that, the price slowed down and was maintained in the support zone. With the new impulse, we will see the formation of a new weekly low and confirmation of bearish pressure on the price. Potential lower targets are the 0.00000007600 and 0.00000007400 levels. For a bullish option, the Akita Inu price must return above the 200 EMA and 0.00000008400 level. With that step, we will have a new opportunity to connect to the bullish side. Potential higher targets are the 0.00000008600 and 0.00000008800 levels.

 

The post ApeCoin and Akita Inu: ApeCoin drops to a new low on Monday appeared first on FinanceBrokerage.

0
FacebookTwitterGoogle +Pinterest
previous post
Dogecoin and Shiba Inu are falling to new weekly lows
next post
Ethereum manages to recover on Tuesday with support

You may also like

Gold and silver: Gold fell to a seven-day...

September 2, 2024

HBI Stock Price: Times Get Tough for Hanesbrands...

September 12, 2024

Dogecoin and Shiba Inu: Dogecoin in retreat since...

October 17, 2024

SpaceX Stock: Tesla and SpaceX are Collaborating

August 14, 2024

SafeMoon and Litecoin: New Daily Targets and Prices

September 26, 2024

EURUSD and GBPUSD: EURUSD is slowing the bullish...

August 28, 2024

The Potential Effect of the US Election on...

October 8, 2024

Bitcoin price continues to pull back on Monday

September 2, 2024

Solana in bullish surge, Cardano lags behind with...

August 7, 2024

FOXO Stock: Latest News And Price Forecast

August 29, 2024

    Subscribe today to receive exclusive access to all our retirement secrets and income strategies, including special financial news and updates from our experts. From time to time, our newsletters feature valuable insights and analysis on the latest financial trends. Don't miss out on these exclusive updates – join our subscription to stay informed!


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



    Latest

    • State Department to begin mass layoffs of about 1,800 employees in coming days

      July 11, 2025
    • Duffy just got an additional job in Trump’s administration, and he’s not the only one wearing multiple hats

      July 11, 2025
    • Duffy just got an additional job in Trump’s administration — and he’s not the only one wearing multiple hats

      July 10, 2025
    • ‘It will happen quickly’: State Dept poised to act after Supreme Court green-lights agency layoffs

      July 10, 2025
    • Hegseth tears up red tape, orders Pentagon to begin drone surge at Trump’s command

      July 10, 2025
    • SCOOP: Sen Ron Johnson readies subpoenas for FBI, DOJ in Butler shooting probe

      July 10, 2025

    Categories

    • Business (714)
    • Investing (661)
    • Politics (4,862)
    • World News (3,213)
    • Terms & Conditions
    • Privacy Policy
    • Contact us
    • About us

    Disclaimer: WhaleLargeCapital.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 WhaleLargeCapital.com | All Rights Reserved