1
Ape Coin price prediction is bearish till APE crypto price is trading below $2.00.
2
APE price faced rejection from $2 and trading below the 50-day EMA showcase downtrend.
3
Ape Coin price is near yearly lows and buyers are trying to defend the $1.00 level.
Ape Coin price prediction remains bearish till APE price trading below $2.00. The prices are continuously falling by forming lower low swings. It indicates the dominance of sellers on the higher levels.
APE price faced rejection from $2 and trading below the 50 and 200-day EMA showcasing that the trend is in a downward direction. Meanwhile, the spike in the selling volume is also visible. It indicates sellers are active and prices will face difficulty to hold the higher levels.
In the past few months, the Ape Coin price consolidated in the narrow range between $1.800 to $2.500. It showed signs of long-term base formation and created a hope for upward range expansion.
Sadly, in
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