Apes Price Prediction: APES Goes Ballistic With 60% Surge, But Investors Are Rushing To Buy This P2E DOGE Before It’s Too Late
The Apes price skyrocketed 60% in the last 24 hours to trade at $0.02350 as of 00:52 a.m. EST on trading volume that rose 103% to $5.5 million.
This comes as the meme coin space rebounded with a 1% surge in the last 24 hours to a $41 billion market capitalization as SHIB and DOGE soared 1% in that time.
Apes Price Aims For A Trend Continuance
On the last day, the Ape price has been on an uptrend, as the bulls used the 0.0140 support to push the price on a tear, according to data from GeckoTerminal . The recent price movement has formed an ascending triangle pattern as the bulls aim to continue pushing the token’s price on an uptrend.
APES now trades well above both the 50-day and 200-day Simple Moving Averages (SMAs), which affirms the bullish sentiments of the price of Apes.
Moreover, the Relative Strength Index (RSI) seems to be rebounding from the 50-midline level, which shows that investors are now buying the asset.
If the buying peaks at this point, the bulls may push the price of Apes towards a continued rally above the triangle, which may propel the price to target $0.02710.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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