ApeCoin (APE), one of the main cryptocurrencies in the NFT space, gave hope to the sector and its investors with its recent price movement.
As BTC rose above $37,000, APE, one of the coins that made an upward move, attracted attention. APE, which usually increases during periods when NFTs gain popularity, showed a divergent price movement this time. The popular coin, eyeing the $1.50 band, ranked second on the “Top Rising” list with an increase of 5.59 percent in the last 24 hours.
Could the NFT sector be ignited as APE continues its upward trend? What are the levels to be considered in APE?
It may rise hand in hand with NFTs!
APE, which maintained its upward price structure from $ 1.17, saw a sales pressure at $ 1,573 and relaxed to the $ 1.27 band. However, the increase in the market due to the Fud news and the increase in transaction volume on various NFT platforms, especially Opensea, moved the price back to the $ 1.57 band as a driving force for APE.
APE, the popular NFT coin, which found buyers at $ 1,494 as of the writing of the news, may want to test $ 1,635 – 1,728 – 1,836 – 2,003 and $ 2,130, respectively, as long as it sits above $ 1,573. If the price remains below $ 1,492 or NFTs do not attract interest, there may be relaxations to 1,412 – 1,347 – 1.27 and 1.17 dollars, respectively. Especially in the short-medium term price structure, the green area will be the deciding factor.
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