en
Back to the list

Apecoin price analysis: Bulls take control as prices hit highs of $8.60

source-logo  cryptopolitan.com 17 May 2022 15:37, UTC
Cryptocurrencies prices heatmap, source: Coin360

Apecoin price analysis indicates that the bulls have taken control as prices hit highs of $8.60. There is a growing positive sentiment in the market, with the support seen at $7.91 and the resistance at $8.86. The Apecoin market cap is now at $1.14 billion, and the 24-hour trading volume is at $278.41 million. The Apecoin market has seen a lot of volatility in the past 24 hours, with prices reaching a high of $8.60 and a low of $7.91. The market seems to be consolidating at the moment, but the bulls are in control and could push prices higher in the coming hours.

Apecoin price analysis indicates over the last 24 hours a surge of 8.14 percent taking the value of APE from $7.91 to the current $8.60. The market capitalization has increased by $1.14 billion, and the 24-hour trading volume is at $710,027,350.06 Prices surged following a period of consolidation in the market as bulls took control. The Apecoin market has seen a lot of volatility in the past 24 hours, with prices reaching a high of $8.60 and a low of $7.91. The market seems to be consolidating at the moment, but the bulls are in control and could push prices higher in the coming hours.

APE/USD 1-day price analysis: APE prices trade in a contracting range

Apecoin prices are trading in a contracting range as the market awaits a breakout. The bulls have been pushing prices higher, but they have been met with resistance at $8.60. The bears have been defending the $8.00 level, and a breakout is needed for the market to continue its upward move.

APE/USD 1-day price chart, source: TradingView

On the 1-day chart, the MACD is about to cross into positive territory, indicating a bullish move in the market. The RSI is also above 50, showing that the bulls are in control of the market. The red bars are getting longer on the histogram, indicating that the bulls have the momentum to push prices higher. The market volatility is high, and a breakout is needed for the market to continue its upward move. The Bollinger bands are extremely wide indicating high market volatility seen in the last 24 hours.

APE/USD 4-price analysis: Bulls continue to dominate the market

Apecoin price analysis shows that the bulls have taken control of the market as prices surged by 8.14 percent in the last 24 hours. The bears tried to take control of the market, but they failed as the bulls took back control. The market seems to be consolidating at the moment, but the bulls are in control and could push prices higher in the coming hours. The technical indicators are all giving bullish signals, and the MACD is about to cross into positive territory.

APE/USD 4-hour price chart, source: TradingView

The RSI is well above 50, indicating that the bulls are in control of the market. The market has a chance to continue its upward move if the bulls can break above $8.60. The market volatility is extremely high, and a breakout is needed for the market to continue its upward move. Prices surged following a period of consolidation in the market as bulls took control. The Apecoin market has seen less volatility in the past 24 hours, with prices reaching a high of $8.60 and a low of $7.91. The market seems to be consolidating at the moment, but the bulls are in control and could push prices higher in the coming hours.

Apecoin price analysis conclusion

The Apecoin price analysis is up by 8.14 percent in the last 24 hours, with bulls in control of the market. At the moment, things appear to be consolidating; however, the bulls could drive prices higher in the next hours. The market is in the hands of the bulls, who have pushed prices to $8.60, and all technical indicators are providing bullish signals.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

cryptopolitan.com