bullish

Daily

ApeCoin

Swing

<p>The ApeCoin price prediction shows that APE could renew the bullish trend after testing the support level of $0.59 today.</p>
<h2 id="apecoin-prediction-statistics-data">ApeCoin Prediction Statistics Data:</h2>
<ul>
 <li>ApeCoin price now – $0.61</li>
 <li>ApeCoin market cap – $368.3 million</li>
 <li>ApeCoin circulating supply – 604.8 million</li>
 <li>ApeCoin total supply – 1 billion</li>
 <li>ApeCoin Coinmarketcap ranking – #136</li>
</ul>
<p>It’s often recommended to get involved with crypto projects as early as possible to maximize potential gains. For example, <a href="https://insidebitcoins.com/news/apecoin-swings-to-a-strong-9-rise-however-meme-kombats-presale-jungle-awaits-adventurous-investors" rel="noopener noreferrer nofollow">the ApeCoin we’re considering has seen significant price movements since its all-time low. Just 10 days ago</a>, on August 5, 2024, the token hit an all-time low of $0.4826. Since then, it has risen by 22.21%, reaching a high of $0.6094 in the last 24 hours. While this is still far below its all-time high of $39.40, recorded on March 17, 2022, the recent upward trend suggests that the token might be on the path to recovery.</p>
<h2 id="ape-usd-market">APE/USD Market</h2>
<p>Key Levels:</p>
<p>Resistance levels: $0.90, $1.00, $1.10</p>
<p>Support levels: $0.35, $0.25, $0.15</p>
<figure id="attachment_564798" aria-describedby="caption-attachment-564798" style="width: 100%" class="wp-caption alignnone"><img decoding="async" class="wp-image-564798 size-full" src="https://insidebitcoins.com/wp-content/uploads/2024/08/APEUSD_03082024.png" alt="ApeCoin Price Prediction for Today, August 14 – APE Technical Analysis" width="1437" height="741" srcset="https://insidebitcoins.com/wp-content/uploads/2024/08/APEUSD_03082024.png 1437w, https://insidebitcoins.com/wp-content/uploads/2024/08/APEUSD_03082024-300x155.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/08/APEUSD_03082024-1024x528.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/08/APEUSD_03082024-768x396.png 768w" sizes="(max-width: 1437px) 100vw, 1437px">
 <figcaption id="caption-attachment-564798" class="wp-caption-text">
  APEUSD – Daily Chart
 </figcaption>
</figure>
<p><a href="https://coinmarketcap.com/currencies/apecoin-ape/" rel="noopener noreferrer nofollow">APE/USD now faces a critical resistance level formed by a downtrend line that has repeatedly rejected the price movement in the past</a>. However, a recent attempt to break through this resistance resulted in a temporary breakout, but the price was ultimately pushed back down, indicating the strength of this resistance. Moreover, the current price movement is once again testing this resistance level, making it a key area to watch.</p>
<h2 id="apecoin-price-prediction-ape-usd-could-move-sideways">ApeCoin Price Prediction: APE/USD Could Move Sideways</h2>
<p>According to the daily chart, the ApeCoin price is moving towards the resistance level of $0.20 as the initial move toward the channel’s upper boundary could boost the price further. Meanwhile, the intersection of the downtrend resistance and the upper boundary of the channel near $0.70 is a significant price point. This level not only represents technical resistance but also coincides with a long-term resistance level that was previously supported. Breaking through this barrier could lead to a major price movement.</p>
<p><iframe title="ApeCoin (APE) Ready To Explode?" width="640" height="360" src="https://www.youtube.com/embed/yQs6-lqUcQs?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe></p>
<p>However, with the price squeeze within the 9-day and 21-day moving average intensifying, the likelihood of a breakout is increasing. If ApeCoin successfully breaks out of the channel, the potential resistance levels are likely to be located at $0.90, $1.00, and $1.10, which would represent a substantial upside from the current levels. Traders should be prepared for this potential move, while a drop below the lower boundary of the channel may lead to supports of $0.35, $0.25, and $0.15 respectively.</p>
<h2 id="ape-btc-faces-the-south">APE/BTC Faces the South</h2>
<p>Against Bitcoin, <a href="https://insidebitcoins.com/news/apecoin-swings-to-a-strong-9-rise-however-meme-kombats-presale-jungle-awaits-adventurous-investors" rel="noopener noreferrer nofollow">the ApeCoin is seen moving bearishly, aiming to cross below the 9-day moving average</a>. Any further bearish movement could lead the coin to the nearest support at 900 SAT, after which it could hit the critical support at 760 SAT and below.</p>
<figure id="attachment_564797" aria-describedby="caption-attachment-564797" style="width: 100%" class="wp-caption alignnone"><img decoding="async" class="wp-image-564797 size-full" src="https://insidebitcoins.com/wp-content/uploads/2024/08/APEBTC_03082024.png" alt="ApeCoin Price Prediction for Today, August 14 – APE Technical Analysis" width="1437" height="741" srcset="https://insidebitcoins.com/wp-content/uploads/2024/08/APEBTC_03082024.png 1437w, https://insidebitcoins.com/wp-content/uploads/2024/08/APEBTC_03082024-300x155.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/08/APEBTC_03082024-1024x528.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/08/APEBTC_03082024-768x396.png 768w" sizes="(max-width: 1437px) 100vw, 1437px">
 <figcaption id="caption-attachment-564797" class="wp-caption-text">
  APEBTC – Daily Chart
 </figcaption>
</figure>
<p>Nevertheless, should the buyers return to the market, the ApeCoin price could make a bullish cross above the upper boundary of the channel to hit the resistance level of 1300 SAT and above. Additionally, the 9-day MA may also need to cross above the 21-day MA to increase the bullish movement.</p>
<p>Moreover, @ChartMonkeyBTC shared an analysis with his followers on X (formerly Twitter), highlighting a bullish momentum for ApeCoin following a breakout from a falling wedge pattern. The breakout was accompanied by a failed supply test and a narrowing spread. The Fibonacci levels offered an attractive opportunity, leading to an entry at .596 with a 1K position.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">📈LONG: <a href="https://twitter.com/hashtag/APEUSDT?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#APEUSDT</a> <a href="https://twitter.com/search?q=%24APE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$APE</a> by <a href="https://twitter.com/jalapablo?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@jalapablo</a><a href="https://twitter.com/apecoin?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@apecoin</a> APE Swing After FW Breakout: Bullish momentum as Ape Coin breaks north from falling wedge with failed supply test &amp; narrowing spread. Fibonacci ladder up from .596 entry at 1K was too irresistible. <a href="https://t.co/XRv7MYkmB2" rel="noopener noreferrer nofollow">pic.twitter.com/XRv7MYkmB2</a></p>
 <p>— Crypto | ChartMonkey (@ChartMonkeyBTC) <a href="https://twitter.com/ChartMonkeyBTC/status/1822931930662252890?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">August 12, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<h2 id="alternatives-to-apecoin">Alternatives to ApeCoin</h2>
<p>At the time of writing, ApeCoin’s price is recovering toward the resistance level of $0.62. A bullish breakout above the 21-day moving average could propel the price to the next resistance level of $0.70. However, additional resistance levels may come into play if the bulls regain market control. Both ApeCoin (APE) and PlayDoge ($PLAY) present attractive opportunities in the cryptocurrency sector. At present, <a href="https://insidebitcoins.com/news/what-youd-have-now-if-youd-invested-in-doge-why-playdoge-might-be-your-next-big-bet-6m-raised-in-ico" rel="noopener noreferrer nofollow">PlayDoge is best described as a meme coin, given its thematic connection to Dogecoin and meme culture</a>. However, the project is positioning itself as a play-to-earn (P2E) Doge companion game gaining over $6 million in its ongoing presale.</p>
<p><strong>WILL PLAYDOGE PUMP AFTER LAUNCH</strong></p>
<p><iframe title="WILL PLAYDOGE PUMP AFTER LAUNCH?🚨 (PlayDoge Presale Review)" width="640" height="360" src="https://www.youtube.com/embed/NVDvhDgISd0?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe></p>
<p>Investing in PlayDoge presents a unique opportunity, especially as it transitions from a meme coin to a play-to-earn Doge companion game. With its ongoing presale offering 50% of the token supply at an early stage, investors can secure their position before the project fully launches.</p>
<p><a href="https://insidebitcoins.com/visit/playdoge" rel="noopener noreferrer nofollow">Visit PlayDoge</a></p>
<h2 id="related-news">Related News</h2>
<ul>
 <li><a href="https://insidebitcoins.com/news/apecoin-swings-to-a-strong-9-rise-however-meme-kombats-presale-jungle-awaits-adventurous-investors" rel="noopener noreferrer nofollow">ApeCoin Swings to a Strong 9% Rise; However, Meme Kombat’s Presale Jungle Awaits Adventurous Investors</a></li>
 <li><a href="https://insidebitcoins.com/news/crypto-analyst-bullish-on-playdoge-presale-as-the-best-crypto-to-invest-in-right-now" rel="noopener noreferrer nofollow">Crypto Analyst Bullish on PlayDoge Presale as the Best Crypto to Invest In Right Now</a></li>
</ul>

ApeCoin Price Prediction for Today, August 15 – APE Technical Analysis

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