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ApeCoin price prediction stays bearish till it trades below $2.00.
2
APE price is moving in a downtrend.
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The short-term pullback in the ApeCoin crypto price is getting rejection from the 50-day EMA.
ApeCoin price prediction is bearish for the short term till APE crypto trades below $2.00. It continues to decline by forming lower low swings and trading near the multi-year low.
APE price faced sharp rejection from $2.00 and selling volume also rose. It shows some crypto whales might have taken an exit from the higher levels.
ApeCoin price is trading below the downward-sloping 50-day and 200-day EMA. It shows that the trend is in a downward direction.
In mid-August, the APE price broke down the crucial support of $1.800. It triggered the negative sentiment and invited further decline. Moreover, the overall crypto market turned bearish which negatively impacted the price of APE and other altcoins.
Presently, the ApeCoin price is t
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