Apes Price Prediction: APES Goes Ballistic With A 108% Weekly Surge, But Experts Say Consider This New Olympic Meme Coin For 100X Gains
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The
Apes
price
has
gone
ballistic
with
a
108%
pump
in
the
past
week
and
5%
in
the
last
24
hours
to
trade
at
$0.02049
as
of
7:00
a.m.
EST
on
a
2%
uptick
in
trading
volume
to
$6.9
million.
The
Apes
Price
Breaks
Above
A
Triangle
Pattern
The
APES/USD
pair
on
a
1-hour
timeframe
is
currently
showing
signs
of
consolidation
within
a
descending
triangle
pattern,
which
is
bounded
by
a
bearish
trendline
above
and
the
50-period
Simple
Moving
Average
(SMA)
below.
This
pattern
is
typically
considered
a
continuation
pattern,
but
given
the
overall
market
context,
it
could
also
signify
a
potential
reversal.
The
price
action
is
constrained
by
a
bearish
trendline,
which
has
been
pushing
the
market
lower.
This
shows
that
sellers
have
been
prevalent,
although
the
pattern
is
narrowing,
indicating
that
a
breakout,
up
or
down
could
be
near.
APESUSD
Analysis
Source:
Dextools.io
The
50
SMA
at
$0.0197
is
currently
acting
as
a
support
level,
which
the
price
has
respected
on
recent
dips.
This
indicates
some
buying
interest
around
these
levels.
Meanwhile,
the
200
SMA
at
$0.0179
is
positioned
slightly
below
the
50
SMA
and
serves
as
long-term
support.
It
also
suggests
that
APES
is
in
a
bullish
trend
since
the
50
SMA
crossed
above
it
recently.
The
Moving
Average
Convergence
Divergence
(MACD)
is
showing
a
mild
bullish
crossover,
with
the
MACD
line
crossing
above
the
signal
line.
This
indicates
a
potential
shift
in
momentum
to
the
upside,
albeit
still
tentative.
The
histogram
is
also
slightly
positive,
which
adds
to
the
bullish
potential
but
remains
relatively
muted.
On
the
other
hand,
the
Relative
Strength
Index
(RSI)
is
trading
at
59.33
in
neutral
to
slightly
bullish
territory.
This
indicates
that
there
is
still
room
for
the
price
to
rise
without
being
overbought.
The
current
RSI
reading
also
suggests
that
the
market
is
balanced
but
leans
towards
bullish
momentum,
which
could
support
a
breakout.
Apes
Price
Prediction:
Can
The
Bulls
Sustain
The
Momentum?
There
is
a
strong
potential
for
the
price
to
break
above
the
bearish
trendline
if
the
buying
momentum
continues.
A
successful
breakout
above
the
trendline
could
lead
to
a
rapid
price
increase
towards
$0.0300
and
eventually
test
the
$0.0350
target.
However,
if
the
Apes
price
fails
to
break
above
the
trendline,
there
could
be
a
downside
risk
back
towards
the
50
SMA
or
even
the
200
SMA,
with
potential
support
near
$0.0197.
A
failure
to
break
the
trendline
could
see
the
price
retreat
to
$0.0175
or
lower,
testing
key
Moving
Average
support
levels.
Last
Chance:
Buy
The
Meme
Games
Token
Now
Before
Its
Presale
Ends
Meanwhile,
Olympic
lovers
may
want
to
diversify
to
another
crypto
called
The
Meme
Games
(MGMES),
which
has
raised
over
$400K
as
its
presale
nears
its
conclusion.
Renowned
crypto
analyst
and
Youtuber
Claybro
believes
that
MGMES
is
one
of
the
cryptos
that
could
post
huge
returns
once
it
launches.
The
Meme
Games
bring
Olympic-style
competition
to
the
world
of
meme
coins,
where
popular
internet
memes
like
Dogecoin,
Pepe,
Dogwifhat,
Brett,
and
Turbo
battle
it
out
for
crypto
supremacy.
By
purchasing
MGMES
tokens,
investors
can
choose
one
of
these
five
meme
characters
to
represent
in
them
a
virtual
competition.
The
winning
meme
is
selected
randomly
using
blockchain
technology,
adding
a
thrilling
element
of
chance.
If
your
chosen
meme
comes
out
on
top,
you’ll
earn
a
25%
bonus
on
your
initial
purchase
amount.
Participants
can
enter
as
many
times
as
they
like
by
buying
additional
MGMES
tokens,
with
no
minimum
purchase
requirements.
This
flexibility
allows
players
to
strategize
by
making
multiple,
smaller
purchases
to
boost
their
chances
of
winning.
Just
6
days
left
until
the
Meme
Games
#Presale
ends.
????Join
now,
pick
your
winning
meme
champion,
and
lock
in
a
25%
bonus
if
they
clinch
the
victory.
????1️⃣
Presale
ends
on
8th
of
September
at
10
AM
UTC
2️⃣
Claim
&
token
launch
on
10th
of
September
at
10
AM
UTCDon’t
miss…
pic.twitter.com/MPUw4DrpuR—
The
Meme
Games
(@MemeGames2024)
September
2,
2024
You
can
also
stake
your
MGMES
tokens
for
an
impressive
annual
percentage
yield
of
471%.
So
far,
over
21
million
MGMES
tokens
have
been
staked
since
the
project’s
presale
launched.
Early
buyers
can
purchase
MGMES
tokens
for
$0.0094
using
ETH,
USDT,
BNB,
or
a
credit
card
via
the
official
website’s
buy
widget.
With
the
meme
coin’s
price
set
to
increase
in
less
than
four
days,
buying
now
will
help
you
secure
the
best
deal.
Buy
MGMES
tokens
here
before
its
presale
ends.
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