ApeCoin price signals revival as bulls aim for $5.60 - Aliens: AI Crypto News & Markets Updates
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ApeCoin price signals revival as bulls aim for $5.60

PublisherPublisher
FX Street

Thu, Jun 23, 2022

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Aliens TLDR

APE price has produced one impulse wave up.

ApeCoin price hovers above key Fibonacci levels, which could be viewed as a display of strength.

ApeCoin price could be an early mover within the crypto market, as the technicals point to more uptrend in the short term.

ApeCoin price currently hovers above the 38.2% Fibonacci level surrounding the recent 50% rally.

APE/USDT 2-Hour Chart Ultimately, it may be worth it for day traders to pick up a small position of the APE price as a strong rally could happen if a second attempt at the $4.86 high is permitted .

The bearish targets would be $2.75 and $2.28, resulting in a 45% decrease from the current ApeCoin price.

The author will not be held responsible for information that is found at the end of links posted on this page.

The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

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