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Apecoin continues to keep a firm grip on the $2.88 support price level however its bulls continue to fail to advance the price to a new level. The sellers are very aggressive, but the buyers are not ready to shift grounds for the selling pressure. Although the resistance level has shifted to a lower level around $3.207, the support level seems unmoved by the bearish pressure.
Apecoin Market Price Statistic:
- APE/USD price now: $3.18
- APE/USD market cap: $1,016,916,301
- APE/USD circulating supply:306,875,000.00
- APE/USD total supply: 1,000,000,000
- APE/USD coin market ranking: #42
Key Levels
- Resistance: $3.5, $4.0, $4.5
- Support: $2.5, $2.0, $1.5
Apecoin Market Price Analysis: The Indicators’ Point of View
The strong bearish market move of November 6 which takes its basis from the $5.15 level remains very active even today. But, sellers continue to fail to take the price below the support level. This bearish move was reflected by the lower band of the Bollinger indicator as it moves lower. But as the bullish support still holds firmly, the band is now switching to a horizontal movement. It is looking like the market is entering into a price consolidation period judging from the narrowing proximity between the resistance level and support level.
APE/USD 4-Hour Chart Outlook
From this outlook, the Bollinger bands continue to narrow due to the price tug-of-war. But bulls are becoming stronger as the session progresses. The price actions are now above the 20-day moving average. However, the outlook of the latest candle shows a high level of market gridlock.
Unlike Apecoin, Dash 2 Trade a new token still in its presale shows prospects for much upside price performance. The collapse of FTX brings about a need for a cutting-edge trading intelligence platform, and that exactly is what Dash 2 Trade offers. It is a platform that can effectively detect impending adverse issues similar to what happened to FTX and thus enabling investors and traders to identify safe opportunities for a good return on investment. The D2T token presale is ongoing and it has raised $6.5million so far.
But unlike Apecoin, Dash 2 Trade (DT2) has the prospect of a massive return on investment. The Token D2T is still in its presale and it has so far raised about $6.5 million. This money will be used for the development of its future platform.
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