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ApeCoin (APE) has a Bullish Sentiment Score, is Rising, and Underperforming the Crypto Market Wednesday: What's Next?

Wednesday, August 10, 2022 11:05 AM | InvestorsObserver Analysts
ApeCoin (APE) has a Bullish Sentiment Score, is Rising, and Underperforming the Crypto Market Wednesday: What's Next?

ApeCoin (APE) gets a bullish rating from InvestorsObserver Wednesday. The crypto is up 3.7% to $7.21 while the broader crypto market is up 4.85%.

Sentiment Score - ,
ApeCoin has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on ApeCoin!

Bullish

Over the last five days, ApeCoin has earned a Bullish 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 midpoint for the past five-days. The crypto is 6.14% off its five-day high and is 7.92% higher than its five-day low of $6.68.

ApeCoin price is trading near resistance. With support set around $6.71 and resistance at $7.33, could face selling pressures soon.

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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