TA – Apecoin Price Rallies Ahead Of The $10 Mark

Name	Symbol	Market	Market Cap ($)	Algorithm
ApeCoin	APEUSD	Crypto	769,663,352	Not Mineable

Name

Symbol

Market

Market Cap ($)

Algorithm

ApeCoin

APEUSD

Crypto

769,663,352

Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	-0.100	-7.19%	1.29	1.28	1.28

Price Change

Price Change %

Current Price

Bid Price

Offer

-0.100

-7.19%

1.29

1.28

High Price	Low Price	Open Price	Prev. Close	52 Week Range
1.38	1.28	1.38	1.39	0.980000 - 5.35

High Price

Low Price

Open Price

Prev. Close

52 Week Range

1.38

1.28

1.38

1.39

0.980000 - 5.35

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	06:27:37	6.71	1.29	USD

Exchange

Last Trade

Size

Trade Price

Currency

GDAX

06:27:37

6.71

1.29

USD

Price x Volume	Volume	Base Symbol	Related Pairs
888,005.12	671,421.90	APE	APEEUR	APEGBP	APEBTC

Price x Volume

Volume

Base Symbol

Related Pairs

888,005.12

671,421.90

TA – Apecoin Price Rallies Ahead Of The $10 Mark

05/08/2022 10:36pm

NEWSBTC

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) Related Reading: Are Higher Lows A Sign of a Growing Bitcoin Bull Run? Price Analysis Of APE On The Weekly Chart 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 – $10. Weekly support for APE price – $6.7. Price Analysis Of APE On The Daily (1D) Chart The price of APE found strong support at around $3.4, with what seems to be the bottom on the daily chart. APE has continued to rally above this support region of $3.4 to a high of $7.7, where it has faced resistance. At the point of writing, the price of APE is at $7.4, trading above the 50 exponential moving averages (EMA), which corresponds to the support at $6.2. APE price would find support at $6.2, which corresponds with the daily 50 EMA if it drops due to weekend sell-offs. If the 50 EMA region fails to hold the price, $5.2 would be a good support to hold sell-offs and for a possible bounce of APE price. With more buy bids, we could see the price of APE retesting at $10, which has been resistance on the daily chart. The RSI for APE price on the daily chart is above 65, indicating healthy buy bids for APE. The volume also indicates positive signs for APE prices to trend higher. Daily (1D) resistance for APE price – $7.7, $10. Daily (1D) support for Apecoin (APE) price – $6.2, $5.2. Price Analysis Of Apecoin On The Four Hourly (4H) Chart The price of APE has shown great strength on the 4H chart after forming support at $4.22. APE price has rallied from this region, forming a bullish uptrend channel on the 4H chart. The price of APE was rejected at $9.10, which saw sell-offs. APE price is $7.4, trading above the 50 & 200 EMA with prices of $7 and $6.1 on the 4H chart. These prices would act as support areas for APE on the 4H chart. The price of APE has formed an upward trendline after rallying from a low of $6.50. Four Hourly (4H) resistance for APE price – $8, $10. Four hourly (4h) support for APE price – $7, $6.1. Related Reading: Polkadot Sets Sight On $9 As It Claims The 10th Spot On Crypto Top 10 Featured image from NFT News Pro, Charts from TradingView.com

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APEUSD ApeCoin