spot_imgspot_imgspot_img

Is APE Ready for a Rise? What Level Should Investors Wait for?

  • 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!

- Advertisement -spot_img

12 Hour Ape Price Chart Source: TradingView

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.

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

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.

Don't forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news.

Suggested Exchange

spot_imgspot_imgspot_imgspot_img

Latest News

Ethereum Futures ETFs Debut Amid SEC Speculation on Bitcoin Fund Approval

With Ether ETFs entering the market, all eyes turn to the SEC's next moves on Bitcoin funds. The expansion of cryptocurrency-related ETFs suggests a shift in the financial ecosystem, catering more towards digital assets.

BREAKING: Japanese Automotive Giant Honda to Accept Bitcoin and Ethereum!

The news that Japanese automotive giant Honda will accept Bitcoin and Ethereum as payment methods is making waves in the market!

Last Week Saw Inflows into Crypto Funds Led by Bitcoin!

According to a new report by CoinShares, Bitcoin led inflows into digital asset investment products last week, while ETH was the least favored altcoin.

BREAKING: Grayscale Applies for a Spot Ethereum ETF! All the Details!

Grayscale Investments, the world's largest crypto asset manager, has taken steps to convert its Ethereum Trust fund into a spot Ethereum ETF!

Can Bitcoin Reach $145,000? Renowned Analyst Explains!

The famous analyst made predictions about the future by examining historical data in Bitcoin: how much can BTC rise in 2025?

PRO Analysis

Ethereum Maintains Above $1700! What’s Next? Current ETH Price Analysis!

Ethereum successfully held above the critical $1700 resistance: What's the next resistance level for ETH? Current ETH analysis!

October 2nd Bitcoin Price Analysis: What Is the Next Price Target for BTC?

Bitcoin began the first week of October with an uptrend: What will be Bitcoin's next target? Current support and resistance levels for BTC!

October 1st Current Polygon (MATIC) Price Analysis: Is MATIC Coin Starting an Upside Rally?

Polygon (MATIC) has surged in the last 24 hours by breaking an important resistance level: Will MATIC coin continue its upward movement?

October 1st Chainlink (LINK) Price Analysis: If LINK Coin Can’t Hold This Support, the Upside Movement Could End!

Chainlink (LINK) appears to be close to breaking the recent uptrend: if this support doesn't hold, LINK coin could fall further!

OGN Failed to Hold Above Critical Resistance! What’s Next? Current OGN Coin Analysis!

Origin Protocol (OGN) has shown an increase of more than 20% in the last 24 hours and has attracted attention: it needs to overcome this resistance to continue rising!
spot_imgspot_imgspot_imgspot_img
Lucien Renard
Lucien Renardhttps://en.coinotag.com/
Lucien Renard is a 24-year-old writer specializing in cryptocurrency analysis and price action. With a focus on technical analysis, Lucien provides valuable insights into market trends and potential opportunities for investors.
spot_imgspot_imgspot_imgspot_img

Ethereum Maintains Above $1700! What’s Next? Current ETH Price Analysis!

Ethereum successfully held above the critical $1700 resistance: What's the next resistance level for ETH? Current ETH analysis!

October 2nd Bitcoin Price Analysis: What Is the Next Price Target for BTC?

Bitcoin began the first week of October with an uptrend: What will be Bitcoin's next target? Current support and resistance levels for BTC!

October 1st Current Polygon (MATIC) Price Analysis: Is MATIC Coin Starting an Upside Rally?

Polygon (MATIC) has surged in the last 24 hours by breaking an important resistance level: Will MATIC coin continue its upward movement?

LEAVE A REPLY

Please enter your comment!
Please enter your name here