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2022-11-05 19:16:28

Apecoin (APE) Price Ranges As Altcoins Rally; Are Bulls In Control?

APE’s price fails to rally high as the price continues to stall in its price movement despite the market looking green across boards. APE’s price continues to trend below key support as the price tries to build more strength to overcome this area of resistance that has held the price from rallying. APE’s price remains indecisive on the daily timeframes as the price trades below the 50 and 200 Exponential Moving Averages (EMA). The price of Apecoin (APE) has failed to rally like other altcoins in the past few weeks as the price continues to stall in its price movement with little hope of a rally to a high of $10 ahead of its anticipated staking. The crypto market has enjoyed a bit of relief across all assets, with Bitcoin (BTC) showing great traction, rallying and dragging the market. Apecoin (APE) has remained relatively slow in recent days as buy orders have become slow due to the price facing resistance to breaking higher. (Data from Binance) Related Reading: Dogecoin (DOGE) Price Seen Sliding 15% In Coming Days – Here’s Why Apecoin (APE) Price Analysis On The Weekly Chart The past week has seen many altcoins continue to produce over 200% gains over the past 7 days of breaking out of their range-bound movement, as many believe more hope could be settling into the crypto space once more. The new week has looked a bit skeptical, but things are beginning to shape up and looking more promising for some altcoins...

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