ApeCoin (APE) gets a bearish rating from InvestorsObserver Thursday. The token is down 13.62% to $6.52 while the broader crypto market is down 12.91%.
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 $5.24823188781738. The token is 52.81% off its five-day high and is 24.23% higher than its five-day low of $5.25.ApeCoin price is favorably positioned between support and resistance. With support set around $5.39 and resistance at $9.56, has some room to run before facing resistance.
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.
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