Apecoin (APE), which once blew up with its upward pricing, has been losing value for a long time.
Apecoin (APE), which has reached incredible prices in the past months, has been on a downward path for a while. Although it recently showed an increase from $3.16 to $3.52, it fell by nearly 10 percent in the morning. Can APE, which has almost come back to the same support level, continue to lose value?
Apecoin (APE) Chart Analysis
One coin most affected by Bitcoin testing support levels has been APE. APE, which has lost 9.30 percent in value in the last 24 hours, is also on the list of the most declining ones of the day. APE, which has risen by testing $3.52 in the short time frame, continues the bearish trend in the big picture.
The popular coin, which is currently trying to hold on to the support level, is trading at $ 3.22. If this support fails to hold, decreases can be followed in APE to $3.16 – $3.06 and $2.89, respectively. If the market takes an uptrend or APE regains its former popularity, it could push APE up to $3.52 – $3.77 and $4.15 respectively.
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