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.