📈 Analysis and forecast for $APE : further prospects 🚀
As of May 29, 2025, 15:32 EEST, the price of $APE on Binance is $0.7224, with a decrease of 2.15% over the last 24 hours. The trading volume for the day is around $45M, and the market capitalization is $543M (with a circulating supply of 752.65M APE). The decline is associated with a general market correction and a decrease in interest in NFT tokens following last year's hype.
Technically, $APE it is in a descending channel. On the 4-hour chart, the price is testing support at $0.70, and resistance is at $0.80. RSI (14) is around 30, indicating oversold conditions, but without clear signs of a reversal. MACD shows a bearish signal, but the decline is slowing down. A breakout above $0.80 could push the price to $0.95, while a drop below $0.70 would increase pressure to $0.60.
Forecast: by the end of May, APE may consolidate in the range of $0.70–$0.80. By July 2025, a drop to $0.60 is possible, but with positive news (such as developments in ApeCoin DAO or integration with the Yuga Labs metaverse), a rise to $1.2–$1.5 is realistic by the end of the year. The long-term target for 2026 is $2.5+, if the NFT market revives. Fundamentally, support from the Bored Ape Yacht Club remains strong, but high volatility and token unlock (about 50% already unlocked) create risks.
Further prospects? The price of $0.7224 is a support zone. To take profits, wait for $0.80–$0.95. Set a stop-loss at $0.70. Keep an eye on news and volumes — the market is unstable! #APE #Binance #CryptoAnalysis
