Apecoins has led the crypto space on fire since its inception and after a brief consolidation, the token again surged displaying huge bullish momentum. Despite a slight pullback in the past couple of hours, the APE price is expected to pull a massive leg up. The price may again undergo a small consolidation which induces enough strength to reach the ATH at the earliest.
Apecoin (APE) Price Analysis
- The APE price flipped broke from the lower support close to $11 and ignited a slow yet steady uptrend towards $13
- After a small consolidation, the price surged with huge intensity by more than 30% since the early trading hours to hit $17
- Further, the price began consolidating and is experiencing a small pullback below $16 forming the flag of a huge bullish flag pattern
- The price is expected to consolidate for some time at these levels and eventually breakout to head towards the ATH and may hover around $20 at the earliest
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Apecoin (APE) Technical Analysis
техникалык көрсөткүчтөр
Көрсөткүчтөр | маани | иш-аракеттер |
Relative Strength Index(RSI | 75.80 | Кыймылы жок |
MACD | 0.895 | сатып алуу |
Орточо багыт индекси (ADX) | 53.53 | Кыймылы жок |
Орточо чыныгы диапазон (ATR) | 0.514 | Жогорку туруксуздук |
Негизги деңгээлдер
Негизги деңгээлдер | маани |
Moving Average (MA)- 50 | $12.52 |
Кыймылдуу орточо (MA) -200 | $12.15 |
каршылык көрсөтүү | $17.73 |
колдоо | $14.09 |
The RSI is ranging high and eventually could undergo a slight pullback soon. A notable buying volume has been accumulated and hence the price could maintain a strong uptrend. But the asset is highly volatile and hence a drastic flip may be imminent irrespective of the direction of the rally. Therefore, Apecoin’s (APE) price carries a bullish scenario despite the current accumulation.
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Source: https://coinpedia.org/price-analysis/apecoin-ape-price-primed-to-enter-the-top-20-by-forming-a-new-ath-beyond-30-soon/