Resistance

ApeCoin

Coin

<ul class="news-points"> 
 <li>Crypto Tony says APE needs to break above the $2.4 resistance to warrant a long position.</li> 
 <li>He revealed that climbing above this region would push APE toward $3.5.</li> 
 <li>Tony added that an APE price reversal was imminent, considering new APE sinks in the ecosystem.</li> 
</ul> 
According to Crypto Tony, a renowned investor and cryptocurrency analyst on Twitter, <a href="https://coinedition.com/tag/apecoin-ape/" target="_blank" rel="noreferrer noopener">ApeCoin (APE)</a> needs to break above the $2.4 resistance to warrant a long position. In a recent tweet, he revealed that climbing above this region would induce an APE rally toward the $3.5 price level. 
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 <a href="https://twitter.com/search?q=%24APE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$APE</a> / <a href="https://twitter.com/search?q=%24USD&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$USD</a> – Update $2.40 is the area of resistance i need to see the bulls flip into support, in order to warrant a long position With the APE sinks coming up in terms of <a href="https://twitter.com/hashtag/HVMTL?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#HVMTL</a> &amp; <a href="https://twitter.com/hashtag/LOTM?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#LOTM</a> .. I think we see a nice reversal soon <a href="https://t.co/R9wJC4cXrT" target="_blank" rel="nofollow">pic.twitter.com/R9wJC4cXrT</a>— Crypto Tony (@CryptoTony__) <a href="https://twitter.com/CryptoTony__/status/1673425397868888065?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">June 26, 2023</a>
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Tony added that an <a href="https://coinedition.com/apecoin-ape-price-prediction/" target="_blank" rel="noreferrer noopener">APE price</a> reversal was imminent and would happen soon, considering new APE sinks in the ecosystem. The APE sinks he mentioned are the HVMTL and the LOTM non-fungible token (NFT) categories. 
The HVMTL is a new class of <a href="https://coinedition.com/what-are-non-fungible-tokens-nfts/" target="_blank" rel="noreferrer noopener">NFTs</a> about to be released into the Bored Ape Yacht Club (BAYC) ecosystem. It will be used t…
The post <a rel="nofollow" href="https://coinedition.com/analyst-2-4-resistance-significant-for-ape-price-development/">Analyst: $2.4 Resistance Significant for APE Price Development</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.

Analyst: $2.4 Resistance Significant for APE Price Development

Coin Edition

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