Ape Coin (APE) has faced sustained selling pressure recently, reaching an all-time low on August 5th. This decline has discussions on whether bulls can stage a comeback and reverse the bearish trend that has gripped the market.

Recent Price Trends

Ape Coin’s price action has outlined a descending channel pattern on the daily chart.&middot

For the full story, head over to TheCurrencyAnalytics.com.