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ApeCoin (APE) Receives a Neutral Rating Tuesday: Is it Time to Get on Board?

Tuesday, October 04, 2022 03:43 PM | InvestorsObserver Analysts
ApeCoin (APE) Receives a Neutral Rating Tuesday: Is it Time to Get on Board?

ApeCoin (APE) gets a neutral rating from InvestorsObserver Tuesday. The crypto is up 2.1% to $5.26 while the broader crypto market is up 2.49%.

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

Neutral

Over the last five days, ApeCoin has earned a Neutral 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 5.38% off its five-day high and is 5.63% higher than its five-day low of $4.98.

ApeCoin price is currently above resistance. With support set around $5.02 and resistance at $5.25, ApeCoin is potentially in a volatile position if the rally burns out.

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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