• About
  • Contact
  • Privacy Policy
  • Terms and Conditions
Wednesday, October 15, 2025
The VR Soldier
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases
No Result
View All Result
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases
No Result
View All Result
The VR Soldier
No Result
View All Result

ApeCoin Price Analysis and Prediction (October 27th) – APE Primes For Breakout Amid Short-Term Gains

Michael Fasogbon by Michael Fasogbon
October 27, 2022
in News
Reading Time: 3 mins read
0
apecoin
31
SHARES
Share on TwitterShare on Facebook

Apecoin’s price recently increased by 7.1% in the past week after it bounced off a critical support level. The price has now dropped a bit after testing an important resistance line. While it is still looking bearish from the mid-term perspective, the price is currently in favor of the bulls.

After the mid-year recovery, the price of Apecoin went up by almost 170% before it started to decline. Following a lower low and lower high pattern, Apecoin found another bounce level at $4 last Friday, and the price keeps rising as bulls show interest.

Meanwhile, the $3 price level is still serving as the mid-year support. Yesterday, it saw a quick rejection after testing the descending resistance line, which has been forming since August. 

The latest rejection at $5 might trigger a fresh decrease in the coming days if the bulls fail to show more commitment. Looking at the price actions from a short-term perspective, the ApeUsdt pair currently looks bullish after breaking out of its structure. 

It would become valid on the daily chart if the price could increase significantly above the mentioned resistance line. The bulls should gain control of the market if it plays out. Otherwise, we can expect a fresh decrease in no time.

ApeCoin Price Analysis (APEUSDT) – Daily Chart

Source: Tradingview

There’s no guarantee for a reversal until a breakout occurs. As Apecoin decides on where next to head, here are the levels to watch out for on the daily chart.

The closest resistance for a breakout is the $5 level. Above it lies the grey area at the $5.4 level, followed by the $6 resistance level. If all these levels are surpassed, $7.57 would be the bull’s next target.

The $4.3 level is the closest support for the short-term bears. Although the monthly holding support is currently at the $4 level. If this level breaks down, the next target would be $3.1 near the June support. 

As of now, Apecoin remains the top metaverse token by market cap.

Key Resistance Levels: $5.5, $6, $7.57

Key Support Levels: $4.3, $4, $3.1

Spot Price: $4.74

Trend: Bearish

Volatility: Low

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any projects.

Follow us on Twitter @thevrsoldier to stay updated with the latest Metaverse, NFT, A.I., Cybersecurity, Supercomputer, and Cryptocurrency news!

Image Source: aleksandrasova/123RF // Image Effects by Colorcinch

Tags: ApeCoinBored Ape Yacht Club
Previous Post

Why is Axie Infinity Dropping in Price?

Next Post

Steady Passive Income Is Possible With Oryen Network, Binance Coin And Fantom – Invest Before 2023

Related Posts

Featured

Zeta Network Raises $231M in Bitcoin Deal

October 15, 2025
Featured

USDT, USDC Inflows Signal Crypto Still Alive

October 15, 2025
Featured

Bitcoin and Ethereum ETFs See $339M Inflows After Market Crash

October 15, 2025
Binance Issues $283M Compensation After Market Turbulence
News

Binance Issues $283M Compensation After Market Turbulence

October 13, 2025
Bitcoin Falls as $100K Support Faces Pressure After Market Sell-Off
News

Bitcoin Falls as $100K Support Faces Pressure After Market Sell-Off

October 11, 2025
News

Trump China’s Warning Sparks $700M Crypto Market Liquidation

October 10, 2025

Press Releases

Bitcoin Falls as $100K Support Faces Pressure After Market Sell-Off
News

Bitcoin Falls as $100K Support Faces Pressure After Market Sell-Off

by Alex Mercer
October 11, 2025

Bitcoin prices slid sharply this week, mirroring the turbulence seen during earlier 2025 market corrections. Nearly $20 billion in BTC...

Read more
NFT Market Sees $129M Weekly Sales as BNB Chain Surges

NFT Market Sees $129M Weekly Sales as BNB Chain Surges

September 28, 2025
Ethereum Can Outshine Google Says Vitalik Buterin – Here’s How

Ethereum Can Outshine Google Says Vitalik Buterin – Here’s How

September 21, 2025
XRP Aims for $4 as ETF Buzz Heats Up: Can the Hype Hold?

XRP Aims for $4 as ETF Buzz Heats Up: Can the Hype Hold?

September 10, 2025
Bitcoin 12.8% Dip Looks More Like Flexing Than Failing

Bitcoin 12.8% Dip Looks More Like Flexing Than Failing

September 2, 2025
The VR Soldier

© 2024 The VR Soldier

Navigate Site

  • About
  • Contact
  • Privacy Policy
  • Terms and Conditions

Follow Us

No Result
View All Result
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases

© 2024 The VR Soldier