TA – Apecoin Price Rallies Ahead Of The $10 Mark

TA – Apecoin Price Rallies Ahead Of The $10 Mark

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TA – Apecoin Price Rallies Ahead Of The $10 Mark

NewsBTC14 days ago
APE FinanceAPE Finance
APEmoveAPEmove
Miss Ape Yacht ClubMiss Ape Yacht Club
ApeCoinApeCoin
Asia Pacific Electronic CoinAsia Pacific Electronic Coin
Published on August 05, 2022 21:36 GMT+00:00edited on August 08, 2022 03:09 GMT+00:00

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The price of Apecoin (APE) shows strength after bouncing from a weekly low of $3.10 against Tether (USDT).

APE price has seen a relief bounce, with Bitcoin (BTC) rallying from a daily low of $19100 to a region of $23,000. (Data feeds from Binance)

Price Analysis Of APE On The Weekly Chart Weekly Price Chart Analysis For Ape | Source: APEUSDT On Tradingview.com

From the chart, the price of APE saw a weekly low of around $3.10, which has formed support.

The price has built more momentum as it faces resistance at $10.

With a break above the $10 mark, the price of APE would rally to $12.

If the price of APE on the weekly chart fails to break the $10 mark, then a retest is bound at $6.7.

The volume shows decent buy bids, pushing the price of APE higher.

Weekly resistance for APE price – …