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Apecoin

ApeCoin Ape price is weak and still down-trendingWhile most altcoins recorded the bottom of the decline on June 10, the APEUSDT price decided to be more "creative" and continue to fall further. Over the past 3 days, the price of BTCUSDT has grown by +17%, by the way, at this idea we updated target: And the APEUSDT price has added just +22% since the bottom, which is a very weak result, frankly speaking. Therefore, we don't want to draw super upward arrows that the price will soon grow and give vain hopes. Now, the first and only task for APE buyers is to create at least some interest around the coin and raise the price to at least $2.90. This level was a strong support for the APEUSD price at the end of 2022, when the BTC price was around $15k (and now the price is twice as high - 30k) What will happen next with the APE price is difficult to predict, we will need to observe and analyze the dynamics of events in the future. So if you are interested in further analysis of ApeCoin from us, write about it in the comments, and we will analyze the APE price movement more often and published on Tradingview _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
17
Why is APEcoin still in Top 100 Cryptocurrencies?!?!If you haven`t read the APE Coin Growth Thesis: Then you should know that APEcoin's current market cap of $2.3 billion and its position within the top 100 cryptocurrencies seem overinflated and unjustified. The project's reliance on non-fungible tokens (NFTs) raises concerns about its intrinsic value and utility within the broader crypto ecosystem. Unlike other cryptocurrencies that offer tangible benefits, APEcoin's NFTs fail to provide significant value. While NFTs have gained popularity, their long-term sustainability and practical applications remain questionable. APEcoin's NFTs lack a compelling narrative or clear use case that would justify its market capitalization. In contrast to APEcoin, top-ranking cryptocurrencies have solid underlying fundamentals, offering functionalities such as decentralized applications, smart contracts, or efficient cross-border transactions. APEcoin's limited value proposition puts it at a disadvantage in the highly competitive crypto market. Considering these factors, a market correction or revaluation for APEcoin appears likely. A more realistic price target of $1.04 is in line with its current value and potential market demand. Looking forward to read your opinion about it.
Short
by TopgOptions
APEUSDT | Wave Projection Leading Diagonal Wave 5 BreakoutWave projection with price action and chart pattern analysis Ape price recently breakout MA20 and squeezed under MA200 - MA20 about to golden cross MA200 If breakout MA200 successfully, a possible ABC pattern uptrend about to into an explosive leading diagonal wave 5 targeting 1 - 1.618 extension of wave 3 When a deep consolidation in wave 4 happening almost at the end of wave 2 level- a potential strong impulse leading wave 5 likely to occur. TP1 + 60%, TP2 +100% Indicator: MACD bullish signal - golden cross above 0 line
Long
by dukeposh
$APE/USDT 12h (#Bybit) Descending trendline breakout and retestApeCoin just regained 50MA support and seems to be heading towards 200MA resistance, probably after a last retest of demand zone. ⚡️⚡️ #APE/USDT ⚡️⚡️ Exchanges: Binance Futures, ByBit USDT Signal Type: Regular (Long) Leverage: Isolated (4.2X) Amount: 5.0% Current Price: 4.314 Entry Zone: 4.235 - 4.065 Take-Profit Targets: 1) 4.624 2) 4.980 3) 5.337 Stop Targets: 1) 3.754 Published By: @Zblaba $APE #APEUSDT #ApeCoin #Web3 #NFT #DAO Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0 Expected Profit= +48.0% | +84.0% | +120.1% Possible Loss= -40.1% Estimated Gaintime= 3-4 weeks apecoin.com
Long
by TradingOn
APE...Probably the best Alt set up right now. $8 is inevitableAPE probably has the most beautiful alt set up in the game right now We re looking at a beautiful 3 month corrective channel chopping into a 5 month low from november This is setting up for a beautiful peak low formation in a time where btc and eth are going crazy I think we re likely to see a large alt season coming up when btc and eth cool off. Which would Push APE to HKEX:7 conservatively...and HKEX:10 is very possible if we get euphoric Ive been building a long position for a few weeks now with an average entry of 4.05 Stop loss=3.25 First TP= $5.50 Second TP= HKEX:8 Third TP= HKEX:10 This is the type of trade where you can set the position and come back in a few months to profit. Good luck everyone!
Long
by Brenvest
ApeCoin APE Price Target after the U.S. CFTC sued BinanceBinance and its CEO, CZ, are being sued in the US by Commodity Market Regulators in a complaint that claims the defendants committed “wilful evasion of US law”. This comes after the SEC Charged Crypto Entrepreneur Justin Sun and his Companies for Fraud and Other Securities Law Violations last week. Binance is responsible for 61.8% of the global crypto trading. Its Market Share is Huge! I assume we are about to witness a major selloff in the crypto industry. My APE ApeCoin Price Targets: APE/USDT short Entry Range: $3.50 - 4.50 Price Target 1: $3.00 Price Target 2: $2.60 Price Target 3: $2.00 Stop Loss: $5.25
Short
by BuySellMarketMaker
💀ApeCoin💀 Analyze (Road Map)🗺️(03/20/2023)!!!Today, I want to update the 🗺️road map🗺️ of ApeCoin. ApeCoin is making a Double Three Correction(WXY) these months, So that the main wave X followed the Double Three Correction structure(WXY). ApeCoin has started microwave 5 of microwave A of main wave Y. If we look at the 4-hour time frame, the double top pattern can be a sign of the completion of microwave 4 of microwave A of the main wave Y.👇 I expect the end of microwave A of the main wave Y to be in the 🟡Price Reversal Zone(PRZ/$3.33-$2.95)🟡& near the downtrend line that I 🎯marked🎯on the chart. ApeCoin Analyze ( APEUSDT ), Daily Time frame⏰(Log Scale) Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
by pejman_zwin