Can ApeCoin (APE) And Floki Inu (FLOKI) Recover? Pomerdoge (POMD) Predicted To Rally By 17X

ApeCoin (APE) and Floki Inu (FLOKI) suffer from price loss due to bearish sentiments. Fortunately, Pomerdoge strengthens its bullish pattern.

Summary

• ApeCoin (APE) lost 10.92% in the last seven days.
• Floki Inu (FLOKI) lost 21.09% in a month.
• 4,000%

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ApeCoin (APE) Falls Below the $1.70 Support Level

ApeCoin (APE) is trading below the support level after losing 28.30% in a month. The token’s price is $1.42, at press time. The market cap is $4.56 million, while there’s a 32.31% increase in trading volume. ApeCoin (APE) stays low despite bullish investors rallying for a price rise.

Technical data shows that ApeCoin’s (APE) RSI attempted a reversal but couldn’t succeed. The index is back in the oversold zone. Furthermore, selling pressure is due to bearish sentiment. Together, these factors affect ApeCoin’s (APE) price movement.

In other news, ApeCoin (APE) saw whale action, where $3.09 million was spent on 1.51 million tokens. The transaction took place on the Binance exchange. However, data from Santiment shows that ApeCoin (APE) investors faced losses with the MVRV (Market Value to Realized Value) ratio falling by 15.90% for monthly holders.

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