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Tag: APE

  • ApeCoin (APE) makes higher highs and higher lows but will buyers remain relentless

    ApeCoin (APE) makes higher highs and higher lows but will buyers remain relentless

    • ApeCoin had added 20% in a week

    • Yuga Labs NFTs had great success last year

    • The cryptocurrency has overcome resistance at $4.2 but faces a correction

    As most cryptocurrencies generate relief rallies, investors could turn to ApeCoin (APE) for some quick bucks. Since the onset of Ape staking, bullish investors have been trying to break a crucial barrier at $4.2 unsuccessfully. However, the recent price action looks positive as APE trades at $4.66, breaking past the resistance zone. Should this be viewed as a bullish signal?

    According to CoinMarketCap data, ApeCoin has added 20% in a week. The cryptocurrency started the week on a higher note, jumping by an intraday of 12% On Monday. The gains in APE come amid the latest cryptocurrency news showing growing success for ApeCoin’s NFTs. The New Year update showed that Otherdeeds NFTs amassed $49.9 million in loyalties, the best performing in 2022. Other popular NFTs from Yuga Labs, BAYC, and MAYC, generated over $32.3 and $25.6 million in royalties, respectively. 

    Considering how popular Yuga Labs NFTs are, the latest news could have excited APE buyers. That partly explains the recent recoveries in APE price.

    ApeCoin breaking past the $4.2 resistance

    APE/USD Chart by TradingView

    From the technical outlook, APE trades slightly above the resistance of $4.2. The cryptocurrency has also overcome a descending channel that kept it bearish. The cryptocurrency has maintained a system of higher highs and higher lows since bottoming around $2.8. The MACD indicator has shifted above the neutral zone, affirming a bullish momentum. However, the reading on the RSI shows that APE is overbought.

    What could occur next for APE?

    The latest surge and indicators are positive for APE price. We expect the strengths to be sustained in the short and medium term, potentially reaching the next resistance at or above $5.1. 

    Nonetheless, with the high RSI reading, APE could be due for a correction before continuing higher. A possible price retreat could see APE back to $4.2, now a support, or short-term ascending trendline. Investors should buy APE on a correction.

    Where to buy APE

    eToro

    eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.


    Buy APE with eToro today

    Public

    Public is an investing platform that allows you to invest stocks, ETFs, crypto, and alternative assets like fine art and collectibles—all in one place.


    Buy APE with Public today

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  • Flasko (FLSK) Becomes The Most Discussed Cryptocurrency Over Shiba Inu (SHIB) and Apecoin (APE)

    Flasko (FLSK) Becomes The Most Discussed Cryptocurrency Over Shiba Inu (SHIB) and Apecoin (APE)

    The recent few months have been quite challenging for cryptocurrency investors because some of the well-doing cryptocurrencies in the past, like Shiba Inu (SHIB) and Apecoin (APE), are now struggling to deliver profits to investors. 

    With this, Shiba Inu (SHIB) and Apecoin (APE) investors are looking for more innovative cryptocurrencies such as Flasko. Shiba Inu (SHIB) Is No Longer A Profitable Cryptocurrency Shiba Inu (SHIB) cryptocurrency came out when people were too excited to invest in meme coins. This is the main reason why thousands of investors have been waiting for Shiba Inu (SHIB) to be listed on Binance as well. However, Shiba Inu (SHIB) is now gone, facing numerous struggles to ensure its survival. It looks like the hype for meme coins is over, and the investors don’t think that the value associated with Shiba Inu (SHIB) will go up in the near future. Apecoin (APE) Continues To Drop Apecoin (APE) is a cryptocurrency that created an ecosystem to support token owners. It was able to deliver community engagement to the next level. The Bored Ape Yacht Club holders played a major role in the success of Apecoin (APE) As a result, its value increased to $39 back in 2021. However, Apecoin (APE) is now dropping. The current trading price of Apecoin (APE) is just $5.16. This will continue to drop, and investors are not too sure whether to go ahead with investing their money in Apecoin (APE) or not. Flasko (FLSK) Will Be A Great Alternative Investment  Flasko will surely be an excellent alternative investment that investors can consider. This alternative cryptocurrency is allowing people to invest in rare, expensive, and vintage champagne, wines, and whiskeys. Anyone who holds onto Flasko will be able to receive profits that come from the rising value of the cryptocurrency. Moreover, the physical bottles that back up NFT investments of Flasko can be delivered to the investor’s destination of choice.  The current presale price of Flasko is $0.065. This is expected to rise in early 2023, and anyone who invests in it right away will be able to receive benefits that come along with its 4,000% growth potential.  Website: https://flasko.io Presale: https://presale.flasko.io Telegram: https://t.me/flaskoio Twitter: https://twitter.com/flasko_io

    Disclaimer: This is a press release post. Coinpedia does not endorse or is responsible for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company.

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