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ApeCoin price prediction indicates that APE crypto is slipping through a descending parallel channel.
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APE crypto is trading below 20, 50, 100 and 200-days daily moving averages.
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ApeCoin price has slipped around 58.93% year to date.
ApeCoin price prediction illustrates the decline of the APE cryptocurrency, following a notable trajectory on the daily timeframe chart. To facilitate its recovery from the lower trendline within the parallel channel, APE crypto must draw in potential buyers.
Since June 2023, APE crypto has been progressively descending within this parallel channel. The value of ApeCoin dropped from its previous point at $2.78 and is presently descending below the threshold of $1.489. The intervention of buyers is imperative to support the revival of the APE cryptocurrency.
ApeCoin price stood at $1.489 but experienced a 0.53% decrease in its market capitalization over the course of the trading session. Intraday, the
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