Since the beginning of May, this is the first time that APE Coin has risen above the 20-day SMA. After a 90% drop in the last couple months, APE is showing strong signs of upward movement recently.
Strong local resistance at around $5.80 - $6.
Watch for a possible break above the 50-day SMA in the coming weeks.
Strong local resistance at around $5.80 - $6.
Watch for a possible break above the 50-day SMA in the coming weeks.
Trade closed: target reached
50-day SMA has been reached.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.