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- Ape has experienced a 9% increase in the last 4 days.
- If the Ape price rises above the level of $4.36, it can continue the upward trend.
- Should Ape investors wait for the price level of $5?
Medium-Term Ape Price Analysis!
12 Hour Ape Price Chart Source: TradingView
When we examine the Ape price chart, we see that it has exhibited movements close to the important resistance level. At the same time, Ape has achieved a rising performance for the last 2 days.
When we examine the resistance zones of Ape, we see that the $4.36 level is the resistance zone. If the Ape price manages to rise above the $4.36 level and close daily candles above that zone, it can continue the upward trend.
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If the Ape price closes daily candles above the level of $4.36, its first target will be the level of $4.63.
If the Ape price cannot break the level of $4.36, it can realize the downward movement up to the level of $3.80.
Short-Term Ape Price Analysis!
1 Hour Ape Price Chart Source: TradingView
When we examine the Ape price chart in the 1-hour time frame, it was moving close to the important resistance zone of $4.25 at the time of writing.
If the Ape price makes hourly candle closures above the important resistance zone of $4.25, it can realize its rise up to the level of $4.36. Ape price needs to turn the $4.25 level into support to rise to the level of $4.36.
If the Ape price cannot break the resistance level of $4.25, it can start the downward trend from this zone, and investors can see a downward movement up to the level of $4.
