Resistance

ApeCoin

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>ApeCoin price prediction highlights the fall of APE crypto through an interesting pattern over the daily time frame chart.</a> </li> 
 <li> <span>2</span> <a>APE crypto is trading below 20, 50, 100 and 200-days daily moving averages.</a> </li> 
 <li> <span>3</span> <a>ApeCoin cryptocurrency declined around 69.03% year to date.</a> </li> 
</ul> 
<p>ApeCoin price prediction showcases the fall of APE crypto inside an interesting declining pattern over the daily time frame chart. APE crypto has been slipping since January 2023 and has been trying to sustain but failed. ApeCoin cryptocurrency is now preparing to break out from the falling wedge pattern and may grow significantly by the end of 2023. However, the slippage in APE crypto since the start of the year could create panic in the cryptocurrency market.&nbsp;</p> 
<p>ApeCoin price was at $1.126 and has slipped by 0.09% during the day’s trading session. Trading volume has decreased by 16.53% intraday which demonstrates that sellers are trying to pull APE crypto towards the lower trendline. Volume to market cap ratio was at 8.67%.</p> 
<h2 class="wp-block-heading" id="strong-apecoin-is-oversold-rsi-strong"><strong>ApeCoin is Oversold – RSI</strong></h2> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" loading="lazy" width="1024" height="594" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-716-1024x594.png" alt="ApeCoin Price Prediction: Will APE Leave this Declining Pattern?" class="wp-image-170545" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-716-1024x594.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-716-300x174.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-716-768x446.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-716-1536x891.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-716-750x435.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-716-1140x661.png 1140w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-716.png 1539w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Source: APE/USD by <a href="https://www.tradingview.com/x/ZzZnuhvk/">TradingView</a>
  </figcaption>
 </figure>
</div> 
<p>ApeCoin price prediction highlights the fall of APE crypto since the start of 2023. Bulls tried to provide the much needed kickstart to the token but were unsuccessful. The volume change is below average to enable APE to escape from the falling wedge pattern over the daily time frame chart.</p> 
<p>APE Crypto gained around 1.26% over the course of a week but declined by 24.80% within the past month. Looking further back, the APE price has slipped approximately 48.51% over the last three months, and a substantial 72.66% over the last six months. Additionally, year-to-date, ApeCoin price shed 69.03%.</p> 
<p>Technical indicators are pretty divergent over the price action of APE crypto. Relative strength index (RSI) shows the struggle of APE inside the oversold territory. However, moving average convergence divergence (MACD) suggests that APE crypto will rise.&nbsp;</p> 
<p>RSI was at 27 and is flat inside the oversold territory. The MACD line is above the signal line after a positive crossover. Investors in ApeCoin cryptocurrency need to wait until the crypto price sustains at the upper trendline of the declining wedge pattern.</p> 
<h4 class="wp-block-heading"><strong>Summary</strong></h4> 
<p><a href="https://www.thecoinrepublic.com/2023/09/22/the-graph-price-prediction-grt-crypto-getting-ready-for-rally/" target="_blank" rel="noreferrer noopener">ApeCoin price </a>prediction showcases the fall of APE crypto inside an interesting declining pattern over the daily time frame chart. Volume change is below average. Additionally, year-to-date, ApeCoin price decreased by 69.03%. Technical indicators are pretty divergent over the price action of APE crypto. Investors in ApeCoin cryptocurrency need to wait until the crypto price sustains at the upper trendline of the declining wedge pattern.</p> 
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4> 
<p><strong>Support Levels:</strong> $1.090 and $1.060</p> 
<p><strong>Resistance Levels:</strong> $1.180 and $1.315</p> 
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5> 
<p>The views and opinions stated by the author, or any people named in this article, are for informational purposes only, and they do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.</p>

ApeCoin Price Prediction: Will APE Leave this Declining Pattern?

Table of Contents

Thecoinrepublic.com

Další články publikované 23. 9. 2023

South Korea’s Cryptocurrency Holdings Surpass $98 Million, Dominating Overseas Assets

Quant Gains Ground And Recaptures $90 Support

FTX Sues Ex-Employees of Hong Kong Affiliate for $157 Million Fraud

Is AI Diplomacy the New Frontier of Global Influence for the U.S.?

More than one fourth of world’s Crypto billionaires have amassed their wealth from Bitcoin trading

MultiversX Crypto: EGLD Price In Seller Hand, Targeting $20

Join our free newsletter for daily crypto updates!