altFINS

ScapesMania

Resistance

ApeCoin

<p>ApeCoin’s native token, APE, now contends with formidable resistance around $1.80. Still, analysts broadly remain constructive on ApeCoin’s outlook so long as key support at $1.50 holds.</p> 
<h2 class="wp-block-heading" id="uptrend-intact-while-above-trendline">Uptrend Intact While Above Trendline</h2> 
<p><a href="https://coinmarketcap.com/community/post/333544031/" target="_blank" rel="noreferrer noopener">According</a> to trader Crypto Breakout, ApeCoin continues trending above its former downtrend resistance – now turned support. With APE closing last week above that rising trendline, no red flags emerged per his analysis.</p> 
<p>As long as $1.50 area support maintains on pullbacks, Crypto Breakout expects ApeCoin to take another run at range high resistance around $1.80. Holding that level would set the stage to reach his upside targets in the $1.8+ zone.</p> 
<figure class="wp-block-image size-large">
 <img loading="lazy" decoding="async" width="1024" height="464" src="https://captainaltcoin.com/wp-content/uploads/2024/02/image-767-1024x464.png" alt="" class="wp-image-441371" srcset="https://captainaltcoin.com/wp-content/uploads/2024/02/image-767-1024x464.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-767-300x136.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-767-767x348.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-767-1536x697.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-767-2048x929.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-767-331x150.png 331w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-767-100x45.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-767-772x350.png 772w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-767-788x357.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-767.png 752w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure> 
<p>Crypto BreakOut highlights five primary targets for APE. The first one is set at $1.855, followed by $2.538, $3.293, $4.573, and $6.307.</p>  
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0">
  <i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   Transform Hundreds Into Millions With the Magic of Memecoins – think $BONK, but bigger!
   <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f92b.png" alt="🤫" class="wp-smiley" style="height: 1em; max-height: 1em;">
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style> 
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px"> 
    <p>The key? Getting in early, especially during the IDO phase. <strong><a href="https://captainaltcoin.com/go/ll_inside/" target="_blank">Get in on NuggetRush</a></strong> now! This innovative memecoin blends play-to-earn gaming with real-world gold mining. Join soon to take advantage of the<strong><a href="https://captainaltcoin.com/go/ll_inside/" target="_blank"> current ICO prices</a></strong>!</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div> 
 </div>
</div> 
<h2 class="wp-block-heading" id="altfins-reinforces-bullish-case">altFINS reinforces bullish case</h2> 
<p>Reinforcing the bullish setup, artificial intelligence-based analysis by platform altFINS identified a textbook breakout from ApeCoin’s multi-month descending triangle pattern earlier this year. Their automated strategy triggered long-side entry around current prices after initial upside targets near $1.80 were reached.</p> 
<p>Now, altFINS awaits confirmation of a break above that resistance zone to signal the continuation of the uptrend. Alternatively, a pullback to $1.50 support would offer another attractive swing trade entry point to ride prices back up to $1.80.</p> 
<figure class="wp-block-image size-large">
 <img loading="lazy" decoding="async" width="1024" height="573" src="https://captainaltcoin.com/wp-content/uploads/2024/02/image-768-1024x573.png" alt="" class="wp-image-441379" srcset="https://captainaltcoin.com/wp-content/uploads/2024/02/image-768-1024x573.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-768-300x168.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-768-768x430.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-768-1536x860.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-768-2048x1147.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-768-268x150.png 268w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-768-100x56.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-768-625x350.png 625w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-768-788x441.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-768.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure> 
<p><em>Source: </em><strong><a class="thirstylink" rel="nofollow" target="_blank" title="altFINS" href="https://captainaltcoin.com/go/altfins/" data-shortcode="true"><em>altFINS – Start using it today</em></a></strong></p> 
<p>Drilling down to the daily time frame, ApeCoin’s relative strength index (RSI) has now ascended to a lofty reading of 63.</p> 
<p>An RSI value of 60 and above indicates that the relative strength of the asset’s recent price gains is relatively high compared to its recent losses. However, it’s not extreme and doesn’t necessarily suggest an immediate reversal in price direction.&nbsp;</p> 
<p>With technicals still validating the bull case within ongoing range constraints, opportunistic traders await the next breakout ignition above $1.80. But even amidst crypto’s turbulence, APE continues to flash resilience worthy of its premier brand association. The present consolidation may offer the springboard for this ape’s next leap higher.</p> 
<p>APE is currently trading almost 5% down in the last 24 hours and is trading at $1.74 at press time, according to CoinMarketCap data.</p> 
<p>You may also be interested in:</p> 
<ul> 
 <li><a href="https://captainaltcoin.com/ethereum-will-likely-outrun-bitcoin-btc-this-week-analyst-forecasts-next-leg-up-for-eth/" target="_blank" rel="noreferrer noopener">‘Ethereum Will Likely Outrun Bitcoin (BTC) This Week’, Analyst Forecasts Next Leg Up for ETH</a></li> 
 <li><a href="https://captainaltcoin.com/japans-jasmycoin-price-soars-amid-whale-movements-can-jasmy-hit-new-ath-pay-attention-to-this-metric/" target="_blank" rel="noreferrer noopener">Japan’s Jasmycoin Price Soars Amid Whale Movements: Can JASMY Hit New ATH? Pay Attention To This Metric</a></li> 
 <li><a href="https://captainaltcoin.com/blockdags-2-million-giveaway-and-5000x-rois-pull-in-investors-from-scapesmania-and-solana/" target="_blank" rel="noreferrer noopener">BlockDAG’s $2 Million Giveaway and 5000x ROIs Pull in Investors from ScapesMania and Solana</a></li> 
</ul> 
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style=""> 
 <div class="col_wrap_two mb0"> 
  <div class="offerbox_big_wrap flowhidden"> 
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"> <a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/Copy-of-P2P-Review-17-qi3pqhl3pi3mlojv8nq0upz5rcb68rblc7kuvhcaou.png" width="500" alt="Check NuggetRush ($NUGX)" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a> 
   </div> 
   <div class="product-summary col_item mobileblockdisplay"> 
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-nofollow-sponsored-span-check-nuggetrush-nugx-span-a"> <a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> <span>Check NuggetRush ($NUGX)</span> </a> </h3> 
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div> 
    <div class="buttons_col mb25 rh_big_btn_inline"> 
     <div class="priced_block clearfix"> 
      <div> <a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> Buy NUGX Today </a> 
      </div> 
     </div> 
    </div> 
    <div class="bigofferdesc">
     <i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Being in its <strong>ICO stage</strong>, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>A unique <strong>play-to-earn</strong> gaming platform in the memecoin market
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>The platform combines artisanal and <strong>gold mining</strong> with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Fosters a strong <strong>community </strong>by encouraging physical meetups among members
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i><strong>NFT</strong> Integration with Prominent Characters
    </div> 
   </div> 
  </div> 
 </div> 
</div> 
<p>The post <a href="https://captainaltcoin.com/apecoin-eyes-1-80-resistance-amid-bullish-signal-analyst-shares-5-key-targets-for-ape/">ApeCoin Eyes $1.80 Resistance Amid Bullish Signal: Analyst Shares 5 Key Targets For APE</a> appeared first on <a href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

ApeCoin Eyes $1.80 Resistance Amid Bullish Signal: Analyst Shares 5 Key Targets For APE

Table of Contents

CaptainAltcoin

Other articles published on Feb 21, 2024

Why Is The Crypto Market Down Today?

Congressman Davidson leads the charge against CBDCs

Trending presale Pushd (PUSHD) gains big momentum with Avalanche (AVAX) & USDC (USDC) holders

AI Revenue Race Intensifies With Google’s Launch of Gemini for Workspace

Hong Kong crypto crime triples, police handling 170% more cases

VanEck’s Bitcoin ETF explodes by 2200%! BlackRock in panic!

Join our free newsletter for daily crypto updates!