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⏰.
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Do not forget to put Stop loss for your positions (For every position you want to open).
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Apecoinprediction
APE has been a huge disappointment! Will it keep going down?FWB:APE has been going down for months now and it seems like it has more downside. I looking for the H4 FVGs on the charts possibly we can see it going slowly towards there unless we a bullish news for APE.
If this support doesn't hold APE will create new lows.
ApeCoin: 3 Hills & a MountainI believe I've identified a potential Three Hills & a Mountain pattern on ApeCoin's hourly and daily charts. At the time of this idea --- and should my projection be correct -- we are beginning the transition to the third hill. The supporting evidence for my idea is the following:
1) Both of the completed hills declined to, or near, their 61.8% Fibonacci levels as is consistent with the Three Hills & a Mountain pattern.
2) While they appear similar, both completed hills are of different magnitudes which separates itself from the Three Drives pattern.
I made a crude projection for the third hill and price target by using downtrend Fibonacci levels (in red) to identify a 61.8% level between the first and second hill. The purpose of this level is to identify a potentially strong support that would ultimately lead to the rally of the Mountain.
It is my understanding that the Mountain rallies at a magnitude equal to the lowest and highest value of the Three Hills which in this case would be $1.292 (indicated in white). Assuming this is correct, a rally of this proportion would bring us to a target price around $2.770.
COINBASE:APEUSD
APE Ready to Drop!? Look for These Signals to Maximize Profit!Ape Coin has been in a sideways holding pattern for about a month, unable to break and hold over $1.50. Are these failures a death sentence for Ape? There are several data points to take into consideration and they don't all point in the same direction.
How do we trade this?
In a bull channel, it's reasonable to have a long bias since the probability of profit is greater. That data point must be contrasted with the 5 failed attempts to break and hold $1.50 and the RSI hovering around 50, which doesn't support bias toward either side.
It's reasonable to wait for more price action until the next move becomes more clear. Either a final capitulation to the upside with a sell signal, or a buy signal at bull channel support is ideal. A confirmation bar after either signal gives us enough to reasonably enter a trade. Until then, remain on the sidelines.
Key Points
1. Bull Channel, Long Bias.
2. 5 Failures to Break and Hold Above $1.50
3. Watch for Pullback to $1.25
4. RSI around 50 and on the Moving Average, Indecisive.
5. Look for Bounce or Breakout at Bull Channel Support.
You are solely responsible for your trades, trade at your own risk!
Let us know what you think in the comment section below!
ApeCoin Weekly Analysis - About to Reach New All-Time Highs?Ape has been in a descending wedge pattern since the spring of 2022, a bullish pattern in which we should be looking for long entries. A breakout of the wedge pattern is ideal with a strong bull bar closing near its high. This bar would be our confirmation of a breakout, preferably above the Weekly 30EMA. My Bitcoin 4HR and Weekly analysis show a pullback is happening, which will not aid the crypto market in upward price action, including Ape.
Key Points
1. Descending Wedge, Bullish Pattern
2. Has yet to break the Wedge Pattern
3. Risky coin, long with caution
4. Bitcoin leading indicator, pull back before long.
5. RSI is around 37.00, plenty of upside
Ape is a lower 100 crypto market cap coin and should be considered a very risky trade. One option is to fade your position toward the downside with a reasonable-sized position based on your total equity. If you're looking for a higher probability of profit, wait until the confirmation of a bull breakout above the descending wedge/30 EMA. If Ape remains in the top 100 crypto market cap and breaks out, look for a confirmation off of the wedge top followed by newer highs!
You are solely responsible for your trades, trade at your own risk!
Let us know what you think in the comment section below!
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
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.
💀ApeCoin💀 Analyze (Road Map)🗺️(10/08/2022)!!!Today, I want to show you the road map of ApeCoin. Let's start with the definition of 💀ApeCoin💀.
What Is ApeCoin?
ApeCoin is an ERC-20 governance and utility token used within the APE Ecosystem to empower and incentivize a decentralized community building at the forefront of web3.
ApeCoin holders govern themselves via the decentralized governance framework controlling the ApeCoin DAO, and vote on how the ApeCoin DAO Ecosystem Fund should be used. The APE Foundation administers proposals agreed upon by ApeCoin holders.
ApeCoin is making a Double Three Correction(WXY) these months.
ApeCoin is running in wave Y.
I expect ApeCoin will complete the Double Three Correction at the 🎯targets🎯 I specified in my chart.
ApeCoin Analyze (APEUSDT), Timeframe 12H⏰(Log Scale)
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
APE Coin: We have a bearish view in short term.... 😢Hello everyone!
We are most likely wrong but at the moment we are not attracted by the ApeCoin trend, so our idea is to sell this short-term rally. Technically, we see a area around 3.80 as a potential short-term bearish target.
Next resistance area on 1h chart:
If this idea will be supported by your "Likes" we will continue to follow the crypto with updates below.
thanks for your attention and please... trade with care! 💖
ApeCoin APE price has good potential for growthIn recent days, the APEUSDT price has started to grow quite well, but the trading volumes are far from those that were six months ago.
Now the ApeCoin price hit a fairly wide liquid zone and could not pass it the first time. Well, this is logical, because in the liquidity zone of $4.25-5.25 there will be many people willing to sell their APE.
Therefore, we believe that in the coming days the APEUSD price will slightly correct downwards to gain strength for a new breakout impulse upwards. The strength of the buyers will be confirmed if the correction is not much below $3.50
If we look at the APEUSDT price chart "globally", we can assume that an "Inverted Head and Shoulders" trend reversal pattern is probably forming now
The target of $6-6.50 for APE in the next 1-1.5 months is more than realistic.
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APEUSDT 12h Correction ends, soon a strong Apecoin movement upMore than a month ago we published the idea of a APEUSDT trade pair
Then we warned that you must be careful with the longings, as a deep correction could begin.
So it happened, the APEUSD price reached the liquidity zone $4.25-5.25
Now the APE price is a second retesting above the above-mentioned liquidity zone, which gives good conditions for a set of medium and long -term position:
Entrance in the range of $4.72-5
Stop below $4.1698
Take Profit $13.44
Profit/loss ratio 12.5/1
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Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
Time For This To Go APE?DOWN WE GO!
From my technical analysis i am looking for price to hit $4! Reason for this is price smashed through a good level of support (red zone) Price has now been and retested this broken support as resistance both yesterday and today, this is confirmation of more downside moves to come for me.
We can also see we had a strong trendline formed which also broke and also got retested as support! Now these 2 signals alone are strong, but when they line up like these ones have this just confirms to me that we could see that push down to $4 range very soon. What i mean by this is price retested broken support as resistance at the same time it retested the broken trendline as resistance!
Also line this up with more downside moves on BTC and ETH i am expecting, a stronger USD and a large percentage of BAYC NFTs ready to get liquidated as collateral on some lending platforms the only way is down for me.
APEUSDT 1D Optimal buy and sales zones of ApeCoinThe APEUSDT price reached the lower limit of liquidity zone $7.75-9.20
We are now poorly believed that the APEUSD price will be able to break out above $9.20 from the first time
Therefore, if you have long APE, think about fix the profit at least part in the liquidity zone $7.75-9.20
After all, the possibility of correction up to $4,25-5,25 is quite likely again.
Global target for ApeCoin price growth in the coming weeks/months is in the $14 area
PS:
If you are interested in this coin, then write the comments about it, and then we will make reviews more often.
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Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
APEUSDT 1D Where is it safe to buy Apecoin Now the cryptocurrency market is at a total crossroads: some want to go up as soon as possible to get out of the deposit drawdown, others down - to have an even better purchase price.
But we do not control the market, and "our wanted" are worthless, so we only trade the probabilities of price movements.
Therefore, we share with you our assumptions of where we will buy Apecoin, depending on the behavior of the crypto market in the future.
1) Wait until the price APEUSDT is fixed above $5.90-6.00 Consolidation above the liquidity zone, will allow you to enter the long with more confidence with the expected result of +55%
2) If the cryptocurrency market will make another correction, but without updating the minimum. Then a set of long positions APEUSD in the range of $3.50-3.75 will be justified
3) If the price of BTCUSDT will update the minimum, and possibly go to $14,500. It is very likely that in this situation, most altcoins will update their lows 2022. In this case, it will be justified to issue a purchase order for $1.70 in case of heavy spillage.
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
$APE to fall from these levels? $3-10 before bouncingTo me, it looks like $APE just found resistance in the $17 region after forming a lower high on the 4HR chart.
Now I think this sets up the possibility for APE to fall much lower from these levels. I think from here, price will likely go back to test the bullish trendline and ultimately end up breaking it to find it's first key support in the $10 region.
However, from there I think price will likely break the $10 support and find it's real support in the $3-8 area.
Let's see how this plays out over the coming weeks.