ApeCoin (APE) has a Bearish Sentiment Score, is Falling, and Underperforming the Crypto Market Monday: What's Next?

Monday, July 24, 2023 05:20 PM | InvestorsObserver Analysts

ApeCoin (APE) gets a bearish rating from InvestorsObserver Monday. The crypto is down 4.09% to $2.03 while the broader crypto market is down 2.84%.

ApeCoin has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on ApeCoin!

Bearish

Over the last five days, ApeCoin has earned a Bearish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of ApeCoin over the past five days by volume and price movement.

The Sentiment Score provides a quick, short-term look at the crypto’s recent performance. This can be useful for both short-term investors looking to ride a rally and longer-term investors trying to buy the dip.

Price Levels

ApeCoin is currently trading near its five-day low of $1.97843992710114. The crypto is 7.69% off its five-day high and is 2.61% higher than its five-day low of $1.98.

ApeCoin has traded on low volume recently. This means that today's volume is below its average volume over the past seven days.

What is a token?

Tokens are digital assets that exist on another cryptocurrency's blockchain.

Due to a lack of data, this crypto may be less suitable for some investors.

Click here to unlock the rest of the report on ApeCoin

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