Apes Price Prediction: APES Goes Ballistic With A 108% Weekly Surge, But Experts Say Consider This New Olympic Meme Coin For 100X Gains
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 a.m. EST on a 2% surge in trading volume to $6.9 million. The Apes Price Breaks Above The Triangle Pattern The APES/USD pair on a 1-hour timeframe is currently trading at $0.02171, 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, whic...