$APE Price Prediction: Will It Go Back to April Levels? - BeinCrypto Analytics

APE's RSI has soared to 78 from 35, indicating a sharp rise in buying activity. This suggests that APE has entered overbought territory, which often signals a potential price correction. With an RSI over 70, lack of whale accumulation, and unclear fundamentals, the recent rally may be unsustainable, driven mainly by hype.

Currently, APE is nearing key resistance levels at $1.82 and $2.07, last tested in March and April. If APE breaks these points, we could see a 38% price surge. However, without strong buying momentum, likely driven by continued interest in Apechain, APE risks a pullback. Should the hype fade, key support levels at $1.10 and $0.94 may be tested. If these break, APE could drop to $0.54, signaling a 60% correction. The next steps in Apechain's development will be critical for APE's price direction.