Popular NFT project ApeCoin (APE), which recently tested its bottom, is up more than 15 percent.
The star of a period that has been in a downtrend since June, ApeCoin (APE), after testing $1.83, made an upward move and increased more than 15 percent. Coming from $1.83 to $2.11, APE again created excitement for the NFT industry. What does the technical side show for APE, which is also the third highest rising coin of the day?
ApeCoin (APE) chart rating
APE, which created the bottom price by testing $ 1.73, reached $ 2.11 in a short time with the momentum it caught. Finally, the NFT coin, which was withdrawn to $ 1.83, created the agenda with its movement again. Having received a 15.25 percent reaction from the support level, APE could move towards $2.35 and $2.52 as long as it surpasses $2.19.
BTC falling below $29,000 or negative news from the NFT sector could shake up APE’s bullish momentum. In such a case, the support levels to follow are $1.96 – $1.83 and $1.73, respectively. If $1.73, which is recorded as the low, is broken to the downside, the selling wave in APE could get bigger.
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