1
ApeCoin price witnessed a breakdown below all the key EMAs suggesting a bearish outlook.
2
The ApeCoin price crashed nearly 50% in the last 30 intraday sessions and slid to a six-month low.
The ApeCoin price has crashed after the bulls failed to recover above the 200 day exponential moving average. The correction in the overall crypto market affected ApeCoin crypto severely and the price crashed below the 200 day EMA.
The price performance reveals that the APE crypto has lost nearly 35% in the last seven intraday sessions and lost more than 50% in the last one month. The recent price crash has dragged the price near the six month low value losing even the short term gains.
The daily chart shows that ApeCoin price is trying to stabilize near the October 2023 lows and trying to find a ground. The recent price crash has shifted the short term as well as long term trend outlook towards the bearish side.
The price has fallen below the key EMA
We współpracy z: https://www.thecoinrepublic.com/2024/04/17/apecoin-price-plummets-an-ongoing-saga-of-bearish-dominance/
