Ape is rangebound. We had an upside deviation and broke back into range. 4h structure is bearish: low broken + bearish sfp. 4h RSI printed hidden bearish divergence. Also below 4h 55HMA.
Target: Range low, maybe spike into void at 11.4$.
What do you think is going to happen now? When do you think we will see a positive breakout
Kelevra369
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@Patelh121, retrace - dump more - retrace - dump more - retrace - dump more
11-11.5$ area might offer a bigger bounce. Break to upside? Hard to tell. Just playing level to level. These new coins usually pump at release and then go down a lot for a long time.
dolardede
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ape is weak and overpriced
sgalvanrivero
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HDL APE
Ancientflames
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It'll do whatever BTC does. Up or down
Kelevra369
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@Ancientflames, yes, but with higher volatility. Sometimes it's easier to get a market picture when comparing very strong and weak coins. Ape is definitely cleaner to chart than btc rn.