In August of this year, $APE reached a low of $0.48 and rebounded over 225%, which also shows that the market's confidence in APE is gradually recovering. However, the current price of APE is still far from the historical high of $39.40!
ApeChain is a Layer-3 blockchain developed by Yuga Labs, specifically designed for the NFT, decentralized applications, and trading of the APE ecosystem.
APE coin is currently in a relatively optimistic upward phase, with some selling occurring; those trading spot can consider buying on dips at key support levels:
The current support level of $APE is between $1.40 and $1.45. If the price pulls back to this range, consider accumulating in batches. The technical chart shows that this support level has strong backing and can serve as a relatively stable entry point.
The short-term target price is between $1.75 and $1.80. If this resistance level is broken, the target price can be further adjusted to $2.00. It is advised to set a stop-loss at $1.30 to control potential downside risks.
Buffalo Crypto $APE points are for reference only. If there is a need for analysis of other coins, feel free to inquire separately! Currently, the data robot is available for free use; those interested can leave a message in the comment area!