Apecoin
#APE/USDT - Ready to go up#APE
The price is moving in a descending channel on the 30-minute frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 1.06
We have a downtrend, the RSI indicator is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 1.10
First target 1.16
Second target 1.23
Third target 1.30
APE will be bullish againThe APE correction seems to have been a diamond diametric as we are now at the end of the G wave.
This correction was wave B. Expect a C wave for APE.
Wave C will be bullish.
Closing a daily candle below the invalidation level will violate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
#APE (SPOT- Investing ) entry (0.60 - 0.830). SL (0.475)entry range ( 0.60 - 0.830)
SL .Daily close below (0.475)
**NOTES***
1* this coin is very heavy, it may take long time to achieve the targets and the targets is for the BULL RUN
2* collect the coin slowly in the entry range ( do not all in one time in one price )
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BINANCE:APEUSDT
#APE
#APEUSDT
#APEUSD
#swingtrade
#shortterminvestment
#ALTCOIN
#Cryptotading
#cryptoinvesting
#investment
##trading
#cryptocurrencytrading
#bitcoininvestments
#Investing_Coins
#Investingcoins
#Crypto_investing
#Cryptoinvesting
**** #Manta ,#OMNI, #DYM, #AI, #IO, #XAI , #ACE #NFP #RAD #WLD #ORDI #BLUR #SUI #Voxel #AEVO #VITE #APE ****
#bitcoin
#BTC
#BTCUSDT
APE, REVERSING to the upside -- HUGE RR!APE as of this posting is currently registering huge net buy volumes -- conveying longers to be positioning in anticipation of the breakout season of the market.
APE is sitting at major order block support at 3.0 levels -- the strength of this level is unquestioned.
The price range is at a very discounted level FIB wise. Best level to seed.
Spotted at 3.30
TAYOR
Safeguard capital always.
#APE/USDT#APE
The price is moving in a downward channel on the 12-hour frame upwards and is expected to continue
We have a trend to stabilize above the moving average 100 again
We have a downward trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 1.00
Entry price 1.095
First target 1.34
Second target 1.52
Third target 1.70
ApeCoin(APE) is Ready for Pump Again(+40%)Today, I want to analyze the ApeCoin ( BINANCE:APEUSDT ) project for you, which has increased by more than +100% in the last two or three days .
The question here is whether APE can increase again ❗️❓
The recent surge in ApeCoin (APE) price in October 2024 is due to several key factors. The most prominent is the launch of ApeChain, a new layer-3 blockchain developed by Yuga Labs, which operates on the Arbitrum network. This blockchain allows for easier management of NFTs, transactions, and decentralized applications (dApps). Additionally, the integration of cross-chain bridges for transferring assets like APE, BINANCE:ETHUSDT , and stablecoins has enhanced the token’s utility, enabling smooth interactions across multiple blockchains.
Moreover, ApeCoin upgraded its smart contracts to incorporate the LayerZero Omnichain Fungible Token (OFT) standard, allowing it to serve both as a gas and governance token within the ApeCoin ecosystem. This upgrade also enables automatic yield generation for APE holders, adding further value by allowing them to earn passive rewards without manual staking
These updates, combined with a surge in sales of Bored Ape Yacht Club (BAYC) NFTs and increased market interest, have led to a doubling of ApeCoin's value in just a few days.
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ApeCoin(APE) gained more than +100% in terms of Technical Analysis with the help of Inverted Head and Shoulders Pattern .
APE is moving near the Support zone($1.150-$0.984) and the 50% and 60% Fibonacci lines .
I expect the APE to start rising again(at least 🚀+30%🚀 ) from the Support zone($1.150-$0.984) and attack the Potential Reversal Zone(PRZ) again if the Resistance line is broken.
⚠️Note: If APE goes below the Support zone($1.150-$0.984), we have to wait for more dumps⚠️
ApeCoin Analyze (APEUSDT), Daily time frame⏰.
🔔Be sure to follow the updated ideas.🔔
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Phemex Analysis #30: APECoin Surge 138% in just 3 Days?!The crypto world was abuzz with excitement as APECoin, the NFT token associated with the iconic Bored Ape Yacht Club and Mutant Ape Yacht Club, took center stage. The recent launch of APEChain, its dedicated blockchain network, coupled with the integration of Layer Zero, a powerful interoperability protocol, ignited a frenzy among investors and traders alike.
The news sent shockwaves through the crypto community, propelling APE's price from a modest $0.736 to a staggering $1.757 in just three days – a mind-boggling 138% increase. This dramatic surge was a testament to the growing confidence in the APECoin ecosystem and the potential of its blockchain technology.
Possible Scenarios
As the dust settled, investors were left pondering the next chapter in APE's story. Could the price continue its upward trajectory, breaching the $1.81 resistance level and challenging the psychological barrier of $2.0? Or would the recent surge prove to be a temporary high, followed by a much-needed correction or consolidation phase?
1. The Bullish Case
The potential for a continued uptrend was fueled by the positive sentiment surrounding the APEChain launch and the integration of Layer Zero. These developments positioned APE as a versatile token with multiple use cases, including governance for the ApeCoin DAO and transaction fees across various blockchains.
2. The Bearish Case
However, the crypto market is notoriously volatile, and a strong resistance level at $2.0 could pose a significant challenge. If APE fails to break through this barrier, it could lead to a price correction, potentially retracing to $1.36 or even lower. Such a scenario would require careful consideration and risk management.
3. The Neutral Outlook
A more likely scenario might involve a period of consolidation around the $1.36 to $1.70 range. This would allow investors to digest the recent gains and for the market to reassess the longer-term outlook for APE. Patience would be key during this phase, as a breakout above the resistance level could signal a resumption of the uptrend.
Conclusion
APECoin's meteoric rise is a testament to the growing appeal of the project and the potential of its blockchain technology. While the future remains uncertain, the recent developments have created a strong foundation for continued growth. Investors must approach the market with caution, carefully weigh the potential risks and rewards, and be prepared for both upside and downside scenarios.
Tips:
Trade Smarter, Not Harder with Phemex. Benefit from cutting-edge features like multiple watchlists, basket orders, and real-time strategy adjustments. Our unique scaled order system and iceberg order functionality give you a competitive edge.
Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
ApeCoin ($APE) Skyrockets 118% After ApeChain LaunchApeCoin ( GETTEX:APE ), the native token of the Bored Ape Yacht Club ecosystem, has experienced an explosive price surge, doubling in value over the weekend and hitting $1.5 for the first time since April. This surge is driven by the debut of ApeChain, a Layer-3 network built on Arbitrum Orbit, which has drawn massive attention from investors and traders alike. However, while the fundamentals behind this price movement look strong, technical indicators suggest caution as the token enters overbought territory.
The ApeChain Launch
The launch of ApeChain is the primary driver behind ApeCoin’s impressive 118% rally. ApeChain is a Layer-3 blockchain built on Arbitrum Orbit, and it has introduced several key features that have enhanced its appeal:
- Automatic Yield Mode: ApeChain simplifies passive income for ApeCoin holders, allowing them to earn rewards without the need for manual staking. This innovative feature quickly boosted the user base from 83 to over 3,000 within hours of the launch.
- Cross-Network Bridge: ApeChain also debuted a cross-network bridge that enables seamless transfers between ApeCoin (APE), Wrapped Ethereum (WETH), USD Coin (USDC), Tether (USDT), and Dai (DAI) across the ApeChain, Ethereum, and Arbitrum networks. This expanded utility makes ApeCoin more attractive for cross-chain applications, especially within Yuga Labs’ ecosystem, which includes popular NFT collections like the Bored Ape Yacht Club.
The immediate impact of ApeChain’s debut was a massive spike in trading volume, with Camelot DEX reporting over $5 million in the first three hours. ApeCoin’s on-chain volume followed suit, increasing by nearly 3000% and nearing the $1 billion mark. Such significant gains were echoed in the price, as ApeCoin surged past $1.50, a level it hadn’t touched since April.
Market Response and Investor Sentiment
ApeChain’s launch was met with enthusiasm across the market, with investors excited by the token’s potential utility within the rapidly expanding Yuga Labs ecosystem. ApeCoin ( GETTEX:APE ) also upgraded its smart contract to adopt LayerZero’s Omnichain Fungible Token (OFT) standard, enhancing its interoperability across networks.
This rally was further fueled by the Fear of Missing Out (FOMO) effect, as ApeCoin ( GETTEX:APE ) surpassed a $1 billion market cap, drawing in even more buyers. With ApeChain’s features and the integration of cross-chain transfers, ApeCoin’s potential use cases within the NFT and DeFi spaces have significantly expanded, creating a bullish narrative around the token.
Technical Outlook: Bullish or Overbought?
Despite the strong fundamental narrative, technical indicators suggest caution. At the time of writing, ApeCoin (APE) is trading at $1.55, up 4.48% on the day, and remains well above the recent $1.33 support level. While ApeCoin ( GETTEX:APE ) has successfully broken out of the downward trendline that had constrained its price since June, the Relative Strength Index (RSI) is flashing warning signs.
ApeCoin ( GETTEX:APE ) is in overbought territory, with an RSI above 88, signaling the possibility of a trend reversal or at least a temporary cooling-off period. When an asset is this overbought, profit-taking is likely, leading to increased selling pressure.
ApeCoin ( GETTEX:APE ) is trading above its key moving averages, further cementing its bullish momentum. However, traders should be cautious as a failure to maintain this momentum could trigger a pullback.
If GETTEX:APE can maintain its bullish momentum and stay above the $1.47 resistance level, it could attempt to breach the next psychological barrier of $2.00. However, if a reversal occurs, the first key support level is at $1.33, followed by $1.20.
Potential Risks and Liquidation Levels
While ApeCoin ( GETTEX:APE ) has performed well, there are risks to the upside. CoinGlass data suggests that liquidation levels for ApeCoin are at $1.0178, where a further price rise could lead to the liquidation of $2.59 million in short positions. This could drive the price higher in the short term, but analysts warn that such a move could also create additional selling pressure as traders close out their short positions.
Moreover, the performance of Bitcoin (BTC) could impact ApeCoin’s trajectory. If BTC experiences a correction, the broader market sentiment could turn bearish, putting additional pressure on ApeCoin ( GETTEX:APE ).
Summary
ApeCoin ( GETTEX:APE ) has made significant strides in both its utility and price performance, primarily driven by the ApeChain launch. The introduction of Automatic Yield Mode, cross-network bridges, and LayerZero integration has unlocked new potential for ApeCoin ( GETTEX:APE ) within the broader crypto ecosystem. However, with the RSI indicating overbought conditions, traders should remain cautious as a pullback could be imminent.
In the short term, GETTEX:APE is riding high on bullish momentum, but the looming risks of liquidation and market correction suggest that investors should monitor technical levels closely before making any decisions.
ApeCoin APE price gave a ray of hope, for the first time in 2.5yWhat happened in #ApeCoin that the price gained +160% in 3 days?)
In principle, OKX:APEUSDT still has the potential to rise to $2, and then "they" can draw an inverted head and shoulders. Although, it's a bit scary to "get long" before $0.85.
At the #SUIUSDT chart has clearly worked out this pattern.
Another concern is how thin the crypto market is: a little effort and you can pump the asset so much that #APE which has been in a stable downward trend for more than 2.5 years, “jumped” to 4th place in terms of trading volume, right after CRYPTOCAP:BTC , CRYPTOCAP:ETH and CRYPTOCAP:SOL
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Why Support and Resistance Points Are Important
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(APEUSDT.P 1M chart)
Usually, the arrangement of candles is used to indicate support and resistance points.
Basically, indicators are used to indicate support and resistance points.
However, I feel like support and resistance points are needed in the 1.9101-6.7780 range.
So, there is a possibility that support and resistance points are drawn near where the fingers are pointing.
The price is currently under 1.9101, so let's check it out on another time frame chart.
In any case, the point to watch is whether it can rise after receiving support in the 1.3270-1.9101 section.
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(1W chart)
When drawing support and resistance points using indicators, it is best to draw indicators that are currently marked with candles.
This is because it means that the current point is acting as support and resistance.
Other than that, you can mark indicators that are thought to have a longer horizontal line than other horizontal lines.
If you check the chart above, I think you'll understand what I mean.
Since the important support and resistance points are indicators that are currently marked with candles, you can create a trading strategy targeting the corresponding horizontal lines.
The sections marked as Support and Resistance on the chart correspond to those.
You can think of the remaining lines as lines that can be used for detailed strategies that allow you to conduct split transactions when conducting transactions.
In that sense, the 1.4870 point can be used for detailed trading strategies, that is, response strategies.
Accordingly, you can proceed with buying or selling.
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(1D chart)
The support and resistance points to be used for detailed trading strategies are indicated in the 1.320-1.9101 section.
That is, the points 1.3929 and 1.6755 are applicable.
These two points correspond to the HA-Low and HA-High indicator points.
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If you have indicated support and resistance points on the 1M, 1W, and 1D charts as above, you can mark them according to the importance of the support and resistance points and create chart analysis or trading strategies for them.
Important support and resistance points are
1st: 0.5841-0.7505
2nd: 1.0670
3rd: 1.3270
4th: 1.9101-2.1090
You can use the points or sections above to create chart analysis or trading strategies.
When marking support and resistance points, do not draw them while thinking about chart analysis or trading strategies.
The reason is that if you do so, you will likely mark support and resistance points while reflecting your subjective thoughts and psychology.
Therefore, when marking support and resistance points, it is important to focus only on the arrangement of candles without thinking about anything else.
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Have a good time.
Thank you.
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- Big picture
It is expected that a full-scale uptrend will begin when it rises above 29K.
The section expected to touch the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 134018.28
151166.97-157451.83 (overshooting)
5th: 178910.15
These are points where resistance is likely to occur in the future.
We need to check if these points can be broken upward.
We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
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APE COIN PRICE ANALYSIS AND POSSIBLE TRADE SETUP !!GETTEX:APE Coin Update !!
In last 3 days price almost surge around 100%+ & currently look in overbought zone 🚨
Small dip expected from its liquidation zone or from its feb key levels ✅
But without SL Don't Build any trade on it ... Manipulation is too high 🚨
Also Don't Use High Fund or High Leverage ✅
Without confirmation on Lower tf's 1h, 30m & 15m don't build any side trade on it 🚨
APE. Does not look good.Structurally, the chart shows nothing. A 98% drop and price movement in a global downward channel only indicates that the bubble is still deflating. However, there is one consolation for APE holders - the sideways movement within the channel has been going on for over 100 days, which may indirectly indicate the formation of a bottom, BUT... Overbought by RSI, provided that the asset is not experiencing an upward local movement, does not look very good.
APE/USDT Breakout Alert! Is need retest and continue bullish!Yello, Paradisers! Are you ready for a potential breakout or a steep drop? Let’s dive into #APEUSDT, where we’re seeing some significant action that could make or break your next trade.
💎#APE has shown a bullish sign after successfully breaking out of the falling wedge pattern and then reversing the short-term trend by breaking the previous Lower High (LH). This suggests that a shift toward a bullish movement is underway. Currently, the price is likely to retest either the trendline or the demand zone around $0.63, which aligns with a key Fibonacci retracement level at $0.69 - $0.63. If APE can find support and rebound from this level, there’s a high probability that the upward movement will continue toward the key resistance area.
💎This resistance is located around the $0.993 level, which happens to be APE’s previous bottom. A breakout above this level could trigger bullish momentum in the mid-term, with the potential for APE to reach its major resistance target.
💎However, it’s not all bullish optimism. If the price fails to rebound from the $0.63 - $0.55 demand zone and breaks below, we could be in for some trouble. In that case, the highest probability is that APE will revisit the key support area around $0.43. This zone marks the previous bottom for APE, so it’s critical that the price holds here to maintain the bullish scenario.
💎A daily close below $0.43 would invalidate the bullish outlook. A break below this level would signal a new lower low, pushing APE into a deeper decline, creating a fresh bottom.
Remember, staying disciplined and following clear strategies are essential in these volatile times.
MyCryptoParadise
iFeel the success🌴
Will #APE See a Breakout or Keep Falling? Key Levels to WatchYello, Paradisers! Are you ready for the next big move in the #Apecoin? Let’s dive into #APEUSDT analysis, where things are getting intense:
💎#APE is currently showing signs of a potential bullish continuation from a crucial Bullish Order Block (OB) at $0.563. We’ve been watching #ApeCoin navigate a descending channel.
💎Recently, it’s been making a serious attempt to break above this formation, gaining momentum from that Bullish OB. If this upward push holds, we could be in for a powerful bullish surge.
💎But here's the catch— GETTEX:APE needs to break through the key resistance level at $0.788 to confirm this bullish scenario. Should this happen, we could witness a significant rally, with the first target pegged at the Bearish OB around $1.03. This is where things could get really exciting.
💎However, let's not get ahead of ourselves. If the momentum fizzles out near this demand zone, we could see a pullback to the lower demand area at $0.473. A daily close below this support zone would flip the script, invalidating our bullish outlook and potentially leading to further declines.
Stay disciplined, patient, and ready to adapt to whatever the market throws our way.
MyCryptoParadise
iFeel the success🌴
APE is about to go APE SHIZZZTHE PUMP IS COMING IMO!!!
I have taken 99% of my funds out of crypto but now I am rotating cash in.
BUY low sell at $10ish???
NOT FINANCIAL ADVICE!!!
If you long it from here and aren't spot buying I would bet 10k they wipe yo ass out. Leverage ain't your friend. I buy spot and chill. Don't think you are going to get rich quick. You'll end up sitting on a
#APE/USDT#APE
Our price is moving downwards on a 1-hour frame and is about to break it upward in stages
We have a bounce from the lower border of the channel from the support area in green at 0.66
We have a tendency to stabilize above the Moving Average 100
Entry price is 0.690
The first goal is 0.778
The second goal is 0.827
Third goal 0875