• About
  • Contact
  • Privacy Policy
  • Terms and Conditions
Saturday, May 31, 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 (April 24th) – APE Showing More Strength Amid Weekend Bearishness

Michael Fasogbon by Michael Fasogbon
April 24, 2022
in News
Reading Time: 3 mins read
0
apecoin price analysis april 24th
12
SHARES
Share on TwitterShare on Facebook

One of the top-performing metaverse tokens, ApeCoin’s price has been quite impressive over the past few hours following a nice bounce above the $10 price level this week. Let’s look at today’s ApeCoin price analysis and see what the Metaverse coin has in store for us.

This increase has put the BAYC’s native token at around $18.45 yesterday but the price has dropped due to slight rejection at the above-mentioned price level.

ApeCoin Price Analysis (APEUSD) – 4H Chart

On March 17, ApeCoin was listed at around $1 (on the Binance exchange) with a roughly $300 million market cap. There’s no doubt the cryptocurrency has seen a massive 1600% gain to where it’s currently trading at $17.

ApeCoin price analysis

ApeCoin is still looking bullish on the short-term perspective as buyers eye for more gains. This bullish trajectory is likely to remain in the long term if the buying volume – demand – is sustained.

Meanwhile, the recent breakout of the structure suggests that more price increases can be expected towards $30 in the next couple of days. In fact, the bulls are now showing more interest as can be seen on the above 4-hours chart.

From today’s low of $16, we can expect an increase towards the $18.45 resistance level. A break above this level could push the price further to around the $20 price level and perhaps the $23 level in the future.

The $16 price level is currently acting as support for the intra-day traders. A drop below this support could bring the price back to $13.8 support, right in the grey demand area. A continuous drop may slip the price further to a $10.8 monthly low. A break of structure from this low would signal a fresh decrease to $9.66. This might result in a short-term bearish for ApeCoin.

Key Resistance Levels: $18.45, $20, $23
Key Support Levels: $13.8, $11, $9.66

Spot Rate: $17.1
Trend: Bullish
Volatility: Moderate

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

Charts by TradingView


Also Read:

ApeCoin Price Hits New ATH, up 17% Amid New Babylon Finance Proposal

Follow us on Twitter @thevrsoldier to stay updated with the latest Metaverse news!

Image Source: Eviart/Shutterstock.com

Tags: ApeCoin
Previous Post

Top 3 Metaverse Crypto Coins With a Unit Price Below $0.5 to Watch in April 2022

Next Post

Top 5 Move-To-Earn Crypto Coins to Watch in April 2022

Related Posts

Solana Price Prediction:Is the $200 Dream Dead
News

Solana Price Prediction:Is the $200 Dream Dead?

May 31, 2025
Featured

Netflix Casts Leads for FTX Drama

May 30, 2025
Featured

Trump’s Meme Coin Dinner Under Investigation

May 29, 2025
Altseason Is Here—But Only for a Few Minutes
News

Altseason Is Here—But Only for a Few Minutes

May 28, 2025
Bitcoin Shakes as Trump Talks Tariffs Again
Featured

Bitcoin Shakes as Trump Talks Tariffs Again

May 27, 2025
Bitcoin Price Prediction For The Holiday—Breakout or Breakdown Coming
Market Analysis

Bitcoin Price Prediction For The Holiday—Breakout or Breakdown Coming

May 26, 2025

Press Releases

Bitcoin Gains Ground as Job Market Wobbles—Digital Gold to the Rescue?
News

Bitcoin Gains Ground as Job Market Wobbles—Digital Gold to the Rescue?

by Alex Mercer
May 25, 2025

Introduction It seems the U.S. labor market has hit a pothole—again. The Kansas City Fed’s Labor Market Conditions Index (LMCI)...

Read more
Altcoin Season Is Loading—But First, Let Bitcoin Do Its Thing

Altcoin Season Is Loading—But First, Let Bitcoin Do Its Thing

May 23, 2025
Dogecoin’s Ready to Bark Again—Could $0.30 Be the Next Fetch?

Dogecoin Ready to Bark Again—Could $0.30 Be Next

May 20, 2025
Ethereum Climbs While PEPE Reloads—Who's About to Explode

Ethereum Climbs While PEPE Reloads—Who’s About to Explode?

May 18, 2025
Trump Meme Coins Spark Calls for Treasury Review

Trump Meme Coins Spark for Treasury Review

May 15, 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