Over the past five weeks, the Apecoin (Ape) traders have been actively selling at a descending trendline and plunged the altcoin to a $3.13 low. The high demand pressure at this support bolstered a double bottom pattern recovery and breached the overhead trendline. However, intense supply pressure plunged the coin price below this trendline, indicating
The post Apecoin Price Analysis: Trendline Fakeout Could Tumble APE by 25% appeared first on CoinGape.
This article is strictly for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. CryptosOnline.com does not provide investment, tax, legal, business or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any loss or damage caused or alleged to be caused by, or in connection with, the use of or reliance on any content, goods, services or opinions mentioned in this article.
#Bitcoin #Crypto #Cryptocurrency