Deutsch한국어 日本語中文EspañolFrançaisՀայերենNederlandsРусскийItalianoPortuguêsTürkçe
Portfolio TrackerSwapBuy CryptoCryptocurrenciesPricingWalletNewsEarnBlogNFTWidgetsCoinStats MidasDeFi Portfolio Tracker24h ReportPress KitAPI Docs

APE’s Price May Lose Another Major Support Level in the Next 24Hrs

10M ago
bullish:

0

bearish:

0

APE
  • The price of ApeCoin (APE) dropped over the last 24 hours according to CoinMarketCap.
  • At press time, APE was trading at $3.12 and was hovering slightly above a key support level.
  • Technical indicators suggest that APE’s price may continue to drop in the next 24-48 hours.

The price of ApeCoin (APE) experienced a 24-hour loss according to CoinMarketCap. This brought the price of the altcoin down to $3.12 at press time. In addition to this, the recent decrease in the crypto’s price had pushed APE down to a key support level, which, if broken in the next 2 days, could be catastrophic.

APE / USDT 1D (Source: TradingView)

From a technical perspective, APE’s price had been in a downward trend since the end of January this year. Since then, the altcoin had dropped from a high of $6.418 to its price at press time. Furthermore, the daily chart for APE/USDT showed that it was still in a bearish price channel, which may push the altcoin’s price down even more in the next few days.

APE’s price had dropped below the key resistance level at $3.374 in the last week and had not been able to flip the level back into support in the days that followed. As a result…

The post APE’s Price May Lose Another Major Support Level in the Next 24Hrs appeared first on Coin Edition.

10M ago
bullish:

0

bearish:

0

Manage all your crypto, NFT and DeFi from one place

Securely connect the portfolio you’re using to start.