Apecoin Price Analysis: Trendline Fakeout Could Tumble APE by 25%

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.

CoinGape

5 total views, 1 views today

Author: toutiao