Coin Gabbar Token

<h2 id="header-0">The Apecoin price is moving sideways within two converging trend lines, driven by an inverted pennant pattern.</h2>The cryptocurrency price retested the resistance trendline on September 21st, maintaining the bearish momentum.The altcoin&#39;s recent reverse from the resistance trendline indicates that the current consolidation will continue for a few more sessions.Furthermore, the daily chart earlier this week showed several higher price rejections at this level, indicating heavy supply pressure. As a result, the price of <a href="https://www.coingabbar.com/en/crypto-currency/apecoin-ape-prices-usd" rel="noopener noreferrer nofollow">Apecoin</a> returned from this trendline, starting off a new bear cycle within the triangle pattern.Furthermore, the bearish reversal resulted in a significant fall from the $5.80 local support zone. The cryptocurrency is bullish today and is near the support of the parallel channel line.If coin buyers are successful in breaking the above trendline, market participants may experience a fresh rebound rally. As a result, Apecoin prices are fluctuating in a no-trading zone, and new buyers should wait for a pattern breakthrough before entering the market.APE coin is currently trading at a lower level and is near to its all-time low, making it difficult to gain support. APE Crypto want to stop its upward trend, and in order to do so, it must find more buyers to counter the sellers and keep it out of the hands of short-sellers. The price of APE coins must rise in order to return to the higher range. APE investors must keep an eye on the daily chart for any directional changes.More buyers are required for the APE coin price to move to the parallel channel. While waiting for the token, APE bulls must gather their strength in order to throttle hard and fire back into the pattern. The technical indicators show how quickly the APE currency is falling.The Relative Strength Focus the declining velocity of the APE currency. At 51, the RSI is approaching neutrality. The MACD shows the APE coin&#39;s decreasing pace. During the trading session, the MACD and signal lines may cross to the positive side. APE investors should monitor the daily chart for any change in trend.According to <a href="https://www.coingabbar.com/en/price-analysis" rel="noopener noreferrer nofollow">Price Analysis</a>, The market capitalization of this APE is estimated to be $1,667,889,051. The 24-hour trading volume for the coin is around $325,466,504. APE market capitalization has fallen by 0.89%. However, trade volume increased by 111.44% during intraday trading. The market capitalization to volume ratio is 0.195.On the upside, the price is facing resistance at $6.00. The next major resistance is at $6.50. A clear break over $6.50 might jump a decent climb towards $7.70. Any more gains might open the door for a move towards the $9.00 barrier.If APE fails to recover over the $6.00 barrier level, it may begin a new drop. On the downside, an initial support is at $5.00. The next major support is at $4.50. In the short term, a break below $4.50 might push the price towards the $4.20 support. If there are any further losses, the price might fall to $3.50.KEY LEVELS :RESISTANCE LEVEL : $6.00-$7.00SUPPORT LEVEL : $5.00-$4.20APECOIN is trading in an inverted pennant pattern as well as a parallel channel line, which will determine the long term trend. What are your thoughts?

APECOIN PRICE ANALYSIS CMP-$5.45 APE is trading in inverted pennant pattern

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