Apecoin (APE) Price Ranges As Altcoins Rally; Are Bulls In Control?
APE’s price fails to rally high as the price continues to stall in its price movement despite the market looking green across boards. APE’s price continues to trend below key support as the price tries to build more strength to overcome this area of resistance that has held the price from rallying. APE’s price remains indecisive on the daily timeframes as the price trades below the 50 and 200 Exponential Moving Averages (EMA). The price of Apecoin (APE) has failed to rally like other altcoins in the past few weeks as the price continues to stall in its price movement....
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APE’s price shows strength as it bounces from a downtrend range price rallied to a high of $5 with eyes set on $7. APE could rally more as the price creates more bullish bias by breaking out of a downtrend triangle with eyes set on rallying higher. APE’s price remains strong on the daily timeframe below the 50 Exponential Moving Average (EMA) as the price aims for more rallies. The price action displayed by Apecoin (APE) in the past few days has been tremendous, with Bitcoin (BTC) creating a more bullish scenario across the crypto market; this has also propelled the price of....
Back in mid-March 2022, Bored Ape Yacht Club’s (BAYC) Apecoin DAO launched and airdropped millions of apecoin tokens to specific NFT holders. The crypto asset dedicated to the BAYC ecosystem tapped an all-time high two months ago reaching $26.70 per unit on April 28. However, apecoin is down more than 81% since that day and despite the fact that 80,744 unique addresses own APE, the top 100 addresses control 51.21% of the circulating supply.
While Apecoin’s Price Slips Lower, Concentration of Large APE Holders Remains the Same
Just over two months ago, the crypto....
ApeCoin (APE), the Bored Ape Yacht Club collection’s native coin, has been continuously falling since the June slump, reaching a low of $3.05. Even though APE is now trading at a premium of 6.5% over its initial price on Friday, its performance still pales in comparison to other altcoins. As of this writing, APE is trading at $4.69, a decrease of 3.5% in the last 24 hours, according to data provided by Coingecko on Friday. APE reversed the downtrend on the 4-hour chart after reaching $3.06 in the previous month. Nevertheless, the price encountered numerous obstacles at the $5.3 and....
During the last two weeks, statistics show the new crypto asset dedicated to the Bored Ape Yacht Club community (BAYC), apecoin (APE), has climbed more than 50% against the U.S. dollar. A few days ago, apecoin tapped an all-time high at $17.30 per unit and the crypto asset is now the 32nd largest in terms of market capitalization among 13,691 other cryptocurrencies. Data also shows out of the 48,570 APE holders, there’s a large concentration of apecoin whales.
A Large Concentration of Apecoin Whales
The BAYC-infused apecoin (APE) has been a popular crypto project ever....
Bitcoin’s recent underperformance against altcoins came to a swift end today, with bulls allowing the crypto to rocket higher while bears struggle to slow its ascent The cryptocurrency is now in the process of erasing much of its recent losses, with bulls targeting further upside This rally has taken the wind out of many altcoins’ […]