ApeCoin Price Prediction for Today, November 25 – APE Technical Analysis
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The ApeCoin price prediction shows that APE is rising above the 9-day and 21-day moving averages at the time of writing.
ApeCoin Prediction Statistics Data:
- ApeCoin price now – $1.67
- ApeCoin market cap – $630.7 Million
- ApeCoin circulating supply – 368.5 million
- ApeCoin total supply – 1 billion
- ApeCoin CoinMarketCap ranking – #78
APE/USD Market
Key Levels:
Resistance levels: $2.0, $2.2, $2.4
Support levels: $1.2, $1.0, $0.8
APEUSD – Daily Chart
APE/USD is trading at $1.67 as the coin keeps moving within the channel and above the 9-day and 21-day moving averages, indicating a bullish movement in the market. For the time being, the market price is heading to cross above the upper boundary of the channel as the trading volume is issuing a buy signal, while the 9-day MA moves to cross above the 21-day MA.
ApeCoin Price Prediction: APE Price Goes Bullishly
At the time of writing, the ApeCoin price is still on the upside as the buyers push the coin to cross above the channel. However, if the buying increases the pressure and brings the ApeCoin price above the resistance level of $1.75, the coin may create a new high in the next positive direction.
Therefore, any bullish movement above the channel could lead the market to crucial resistance levels at $2.0, $2.2, and $2.4. Meanwhile, if the coin slides below the moving averages and heads toward the lower boundary of the channel, the APE price could reach the critical supports at $1.2, $1.0, and $0.8 as the 9-day MA moves to cross above the 21-day MA.
APE/BTC Spikes to the Upside
Against Bitcoin, the ApeCoin is trading with a bullish candle above the 9-day and 21-day moving averages. The daily chart reveals that the coin may continue to experience a bullish trend if it crosses above the upper boundary of the channel. Any further bullish movement may hit the resistance level of 5200 SAT and above.
APEBTC – Daily Chart
However, any form of retreat could bring the coin to the support level of 3200 SAT and below. For now, APE/BTC is moving bullishly and may continue to rise once the 9-day MA crosses above the 21-day MA.
Alternatives to ApeCoin
The ApeCoin price is at the time of writing recovering toward the resistance level of $1.75. The initial break above the upper boundary of the channel boosted the price. However, the ApeCoin (APE) could create additional highs if the coin moves to the upside. Meanwhile, from above, more hurdles may come into play and of course, the nearest resistance level may be located at $1.70.
However, ApeCoin (APE) and Bitcoin Minetrix ($BTCMTX) both offer compelling opportunities in the cryptocurrency sector. While APE coin has an established presence and is experiencing upward price pressure, $BTCMTX, in its early stages, has secured over $4.3 million in its presale phase, showcasing promising growth potential. Investors should consider the unique advantages of $BTCMTX alongside the established position of ApeCoin.
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