Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
ApeCoin is up 70.08% today against the US Dollar
APE/BTC increased by 69.96% today
APE/ETH increased by 69.66% today
ApeCoin is currently trading 21.48% below our prediction on Oct 25, 2024
ApeCoin gained 56.51% in the last month and is up 14.34% since 1 year ago
ApeCoin price $ 1.27 ApeCoin prediction $ 1.62 (30.90%) Sentiment Bullish Fear & Greed index 73 (Greed) Key support levels $ 0.767150, $ 0.659044, $ 0.583857 Key resistance levels $ 0.950443, $ 1.03, $ 1.13
APE price is expected to rise by 30.90% in the next 5 days according to our ApeCoin price prediction
ApeCoin price today is trading at $ 1.27 after gaining 70.08% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 67.14% in the same time period. APE performed well against BTC today and recorded a 69.96% gain against the world’s largest cryptocurrency.
According to our ApeCoin price prediction, APE is expected to reach a price of $ 1.62 by Oct 25, 2024. This would represent a 30.90% price increase for APE in the next 5 days.
APE Price Prediction Chart
Buy/Sell ApeCoin
What has been going on with ApeCoin in the last 30 days
ApeCoin has been displaying a positive trend recently, as the coin gained 56.51% in the last 30-days. The medium-term trend for ApeCoin has been bullish, with APE increasing by 52.03% in the last 3 months. The long-term picture for ApeCoin has been positive, as APE is currently displaying a 14.34% 1-year price change. On this day last year, APE was trading at $ 1.11.
ApeCoin reached its all-time high price on Apr 28, 2022, when the price of APE peaked at $ 26.80. The current APE cycle high is $ 1.31, while the cycle low is at $ 0.481871. APE has been displaying low volatility recently – the 1-month volatility of the coin is at 6.39. ApeCoin recorded 18 green days in the last 30 days.
ApeCoin technical analysis for today - Oct 20, 2024
The sentiment in the ApeCoin markets is currently Bullish, and the Fear & Greed index is reading Greed. The most important support levels to watch are $ 0.767150, $ 0.659044 and $ 0.583857, while $ 0.950443, $ 1.03 and $ 1.13 are the key resistance levels.
Bullish sentiment for ApeCoin
26 indicators are currently signaling a bullish prediction for ApeCoin, while 1 indicators are showing a bearish forecast. With 96% of indicators favoring a positive prediction. This results in an overall Bullish sentiment for ApeCoin.
Crypto market is currently experiencing Greed
Currently, the Fear & Greed index is at 73 (Greed), which signals that investors have a positive outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.
ApeCoin moving averages & oscillators
Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how ApeCoin is positioned in the market right now.
Period Daily Simple Daily Exponential Weekly Simple Weekly Exponential MA3 $ 0.721884 (BUY) $ 0.725618 (BUY) - - MA5 $ 0.735817 (BUY) $ 0.727406 (BUY) - - MA10 $ 0.725996 (BUY) $ 0.729404 (BUY) - - MA21 $ 0.736594 (BUY) $ 0.735659 (BUY) -$ 8.24 (BUY) $ 0.853616 (BUY) MA50 $ 0.733086 (BUY) $ 0.736637 (BUY) -$ 5.28 (BUY) $ 1.11 (BUY) MA100 $ 0.714445 (BUY) $ 0.785455 (BUY) -$ 2.21 (BUY) $ 0.541967 (BUY) MA200 $ 0.958588 (BUY) $ 0.967360 (BUY) - -
Period Value Action RSI (14) 66.25 NEUTRAL Stoch RSI (14) 74.50 NEUTRAL Stochastic Fast (14) 54.66 NEUTRAL Commodity Channel Index (20) -66.67 NEUTRAL Average Directional Index (14) 9.78 NEUTRAL Awesome Oscillator (5, 34) -0.02 NEUTRAL Momentum (10) 0.02 BUY MACD (12, 26) 0.00 NEUTRAL Williams Percent Range (14) -45.34 NEUTRAL Ultimate Oscillator (7, 14, 28) 57.32 NEUTRAL VWMA (10) 0.73 BUY Hull Moving Average (9) 0.75 SELL Ichimoku Cloud B/L (9, 26, 52, 26) 0.77 NEUTRAL
The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for ApeCoin is at 66.25, suggesting that APE is currently neutral.
The 50-day Simple Moving Average (SMA 50) takes into account the closing price of ApeCoin over the last 50 days. Currently, ApeCoin is trading below the SMA 50 trendline, which is a bearish signal.
Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the APE closing price for the last 200 days. APE is now trading below the SMA 200, signaling that the market is currently bearish.
The bottom line about this ApeCoin prediction
After considering the above factors, we can conclude that the current forecast for ApeCoin price prediction is Bullish. APE would have to increase by 30.90% to hit our $ 1.62 target within the next five days. Moving forward, it will be important to monitor the APE market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term ApeCoin price predictions click here.
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
