ApeCoin Price Prediction: Sellers’ Pressure May Break Down $4.1 Support Level
ApeCoin is testing $4.1 support level APEUSD Price Analysis – October 13 A breakdown at the support level of $4.1 by the sellers will expose ApeCoin to $3.2 and $2.0 support levels. In case the bearish momentum fails, bulls will take over, above the current price level are found resistance levels at $4.5, $5.2 and $5.9. Key Levels: Resistance levels: $4.5, $5.2, $5.9 Support levels: $4.1, $3.2, $2.0 APE/USD Long-term Trend: Bearish APE/USD is on the bearish movement in the daily chart. The bulls could not continue on the bullish trend embarked upon last three weeks. When the price was pushed to the resistance level of $6.4, the bullish momentum failed. Sellers gained momentum and the coin was pushed down to the support level of $4.1 which is the previous low. The Relative strength index Period 14 on the daily chart is at 35 levels with the signal line pointing downwards which indicate a strong bearish signal. A breakdown at the support level of $4.1 by the sellers will ex...