Ape coin staking has started but the near future looks bleakApe coin staking started with great success for Yuga Labs and BAYC members. However, the macro economic conditions put additional stress on the Ape coin especially if it leads the members to cash out their stake rewards consistently. It will create consistent downward price pressure on APE. Technicals indicate price action to revisit under $3 again.
Mayc
APECOIN APE - Bullish on Yuga Labs EcosystemAPECOIN APEUSDT - Bullish on Yuga Labs Ecosystem
Currently no position - Looking at building spot
Watching reaction at the 618fib 4.02/bottom of current micro uptrend off the lows
Looking to long in this area on support volume/swapping into some spot
Will add on further breakdown
A short is possible on the rejection here at 4.322 with a reverse or close to long at the 618
Also watching this 4.322 area if we get a move back above and a hold of this level on retest could be a long setup.
These are the levels I am watching
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This content is for informational, educational and entertainment purposes only. This is not in any way, shape or form financial or trading advice.
Good luck, happy trading and stay chill,
2degreez
ApeCoin Next Support Mapped!ApeCoin has been selling off since its most recent pump. It has broken all supports and is now looking to move towards its final support zone which is shown on the chart above. After reaching that support zone I've mapped out how I think it will react over the next few weeks. This is purely a guess but with the community it has, this is very possible.
Love it or hate it, hit that thumbs up and share your thoughts below!
Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect!
This is not financial advice. This is for educational purposes only
5x Incoming?!?ApeCoin caused massive waves in the crypto community the past 2 days and we all know why. This project should not be looked at as a meme coin. This project has utility and a strong community. This community floor net worth is over 100k so with that being said there's a lot of big money in this project already and personally, I think this can be one of the most volatile coins 2022 will see. coming in at around #34 in the CMC ranking I see this coin being valued more than DOGE and Shiba in the near future. Doge is currently #13 with a MC just under 16 billion and ApeCoin currently has a MC just over 3 billion. If this does go for a run and settles above doge that's a 5x and I think that's a reasonable target for this project.
Love it or hate it, hit that thumbs up and share your thoughts below!
Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect!
This is not financial advice. This is for educational purposes only
Mutant Ape Yacht Club vs ETHDo people price NFT's in USD or ETH? It seems that people still value the USD price more than ETH. You can see that in this trend as the MAYC price does up with ETH does down and visa versa.