Apecoin
Apecoin / Ape analysisApes together strong !? ApeCoin price today is $5.8 with a 24hour trading volume of 340 million dollar. APE price is up 4% in the last 24 hours and 64% up since last month
ApeCoin is a decentralized project inspired by Yuga Labs’ Bored Ape Yacht Club project. ApeCoin was founded to be used within the burgeoning APE Ecosystem, which is supported by the APE Foundation. The ApeCoin DAO aims to build and maintain the APE Ecosystem in a fair and inclusive way, providing an infrastructure for ApeCoin holders to collaborate through open and permissionless governance processes. 6 days ago 0.7% ape supplies (30 million dollar) unlocked and the price hit 4.5$ since then price going up each single day
the first major resistance is 7-7.2$ and if Apes breaks that then 7.5, 7.9 are next targets. If you managed to buy it at 3.5 take some profit too
for traders who has a bigger vision and have longer view 7 and 8 are next targets but for scalpers 6 and 6.3 are the next milestone
ApeCoin and AXS - a race to Zero?People keep asking me "Is altcoins season coming and Which altcoins i should buy now?"
I would tell you that most of the altcoins from previous bull markets seem compromised due to unfavorable tokenomics and a looming overhang of unlocked tokens.
There's a possibility they may never recover, and it's imperative that we identify a fresh narrative for the upcoming generation of altcoins to gain popularity. In the interim, it appears most logical to maintain exposure to Bitcoin.
Crypto VCs are facing significant pressure to deliver returns to their investors.
Although certain crypto VC funds have generated returns ranging from 10 to 20 times the initial investment, others have experienced significant losses, prompting investors to opt for cashing out, even when potential returns were considerably higher.
These VC funds are expected to continue playing a pivotal role as sellers of altcoins and are compelled to liquidate their holdings.
Monitoring the token unlock schedules of these projects can yield substantial alpha, as the anticipated selling pressure is likely to lead to decreased token prices.
ApeCoin APE
As of September 17, ApeCoin is poised for yet another substantial unlock, this time amounting to $55 million, which represents 11% of the total outstanding tokens.
This is significant given the current ApeCoin market cap of $500 million. Since the last unlock on August 17, which involved 4.2% of ApeCoins (equivalent to $21 million), prices have witnessed a sharp decline of -24%. Furthermore, the one-year emission or dilution rate stands at an alarming 58%.
Axie AXS
On October 20, a significant unlocking event is scheduled for Axie Infinity's token (AXS), involving 11% of the total tokens.
Since the previous unlock on July 22, the value of AXS tokens has experienced a notable decrease of -32%. Presently, AXS maintains a market capitalization of $590 million, reflecting a substantial decline of -97% from its peak in November 2021 when it reached $10.5 billion. Additionally, the one-year emission rate stands at 24%.
Hard time for AXS and APE holders
Even though their prices have fallen considerably, it's difficult to envision a significant rally for ApeCoin or Axie Infinity tokens. These tokens are expected to lag behind the broader cryptocurrency market in terms of performance.
APE/USDT is All Set For Bullish Drive | ApeCoin Analysis💎Paradisers, get ready for some action! APE/USDT has just burst through a descending triangle in the 4H timeframe, priming itself for a likely bullish eruption.
💎Just a few days ago, APE skillfully engaged with a bearish Order Block (OB), set matching highs, and embarked on a downward path to tackle the bullish OB and capture buying liquidity.
💎If ApeCoin continues its upward trajectory through the triangle's apex, it's set to target the impending supply zone.
💎Yet, let's remain cautious of the unpredictable market conditions that could alter the game at any moment. We're optimistic about the chances of the price making a return trip to the supply zone, courtesy of lingering liquidity.
💎Keep your charts fresh and stay tuned for more crypto updates! Happy trading, Paradisers! 🌴
This is NOT a wise trade! But I had to...Traders,
Against my own advice, I purchased APE here. Sometimes, you just have to trust your gut. My gut tells me that APE is due for a pump soon. Look at that hidden bullish divergence on the RSI!
Position = APE
Direction = long
Entry = 1.89
Stop Loss = 1.573 or drop below RSI TL, last one wins
Take Profit(s) = 2.873
Risk/Reward = 3/1
Leverage = NONE
Profit Potential = 2x
Best,
Stew
#APE/USDT 1D (ByBit) Small falling wedge near breakoutApeCoin just printed a morning star, reversal towards 100EMA seems around the corner, at least short-term.
⚡️⚡️ #APE/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (2.6X)
Amount: 5.1%
Current Price:
1.888
Entry Targets:
1) 1.885
Take-Profit Targets:
1) 2.458
Stop Targets:
1) 1.598
Published By: @Zblaba
NYSE:APE #APEUSDT #ApeCoin #NFT
Risk/Reward= 1:2
Expected Profit= +79%
Possible Loss= -39.6%
Estimated Gaintime= 4-6 weeks
apecoin.com
APE. Stress test.A rather negative mood prevails in APE community. Although the forum is quite active in terms of proposals... Probably in the foreground they still have NFT rather than APE.
Well, we have a 71% fall in half a year. A decline at a time when the market has taken a relief rally. If, over time, APE drop to less than $1, I will buy, it will make sense, but only for the speculation purposes. There is still a lot of hype in capitalization at this point.
APEUSDT - new trend 20231. price made Trend line breakout
2. local Bullish structure 🐂
3. global Bullish structure 🏁
4. and secret information
news
The minimum price of MAYC NFT fell almost 16% in 24 hours.
Machi Big Brother accumulated 84 Azuki in 24 hours, becoming the second-highest holder of the #NFT series
if you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your friends.
📈 $APE Wedge Setup Identified! 📉Hey traders! I've identified a potential wedge setup on NYSE:APE that could present an exciting trading opportunity. Let's dive into the details!
📌 Ticker: NYSE:APE
📌 Wedge Pattern: Identified
📌 Timeframe: 2 day RSI - Wedge Identified
📊 Chart Analysis:
The price action on NYSE:APE has formed a wedge pattern, characterized by converging trendlines. This pattern typically indicates a potential breakout or breakdown in the near future.
📈 Bullish Scenario:
If the price breaks above the upper trendline of the wedge with significant volume, it could signal a bullish breakout. This may lead to a potential upward move in the price, presenting a buying opportunity.
📉 Bearish Scenario:
Conversely, if the price breaks below the lower trendline of the wedge with significant volume, it could indicate a bearish breakdown. This may result in a potential downward move in the price, offering a potential selling opportunity.
💡 TradingView Analysis:
For a more detailed analysis, feel free to check out the chart on TradingView using the following link:
📣 Let's connect and discuss this potential trade setup! Share your thoughts and analysis in the comments below.
🔔 Don't forget to follow for more updates on NYSE:APE and other exciting trading opportunities!
#APE #WedgePattern #Breakout #TradingOpportunity #TechnicalAnalysis #TradingViewAnalysis
Disclaimer: This is not financial advice. Remember to do your own research and consider your risk tolerance before making any trading decisions.
Happy trading, and may the markets be in your favor!
STP - Professor Node It All
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
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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.
APEUSDT coin will be in the accumulated rangeAPEUSDT best point of entry between supply zone area as shown in yellow then it will be accumulated between 10% fib to 55% fib level.
We issue prediction after careful analysis. You can enter after doing your own analysis. We are not responsible if company fraud happens. We issue analysis on public demands.
W10-4 APE BEARISH IDEA (HARMONICS REVERSAL PATTERN)The price action has created a harmonic reversal pattern, and it is expected that the price will retrace from the potential reversal zone (PRZ).
Sellers will remain in control below the PRZ. Before forming the harmonic pattern, a bullish divergence was observed at the RSI indicator.
SL & TP Levels are defined.
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
$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