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ApeCoin (APE) Price Is Up 30% Since Its All-Time Low: Can It Target $2 Next?

• The Apecoin (APE) price been on an upward movement since reaching its all-time low of $0.99 on October 9.
• The daily timeframe RSI and shorter-term wave count both provide a bullish reading, supporting the increase.
• Despite the bullish APE price prediction, a decrease below the wave one high of $1.15 will invalidate the count.

The Apecoin ( APE price  has increased by more than 30% since its all-time low price of $0.99 on October 9.

The price broke out from a long-term descending resistance line during the increase. How long will this increase continue?

Apecoin Rallies After All-Time Low
The  APE price fell to a new all-time low  of $1 on October 9. The decrease culminated in a downward movement ongoing since January, at a high of $6.42. The decrease followed a descending resistance trendline.

Shortly after the low, the  APE price reversed its trend  and began an upward movement.

Read More: https://beincrypto.com/apecoin-price-prediction-will-increase-continue/

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