Weekly APEUSD Technical Analysis and Forecast - Cryptocurrencies - Forecast City

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Weekly forecast		ApeCoin technical chart
Symbol	APEUSD	Trading suggestion: By appearing primary signs of entering the market, new entry zone and short-term targets would be published.
Date	September 16, 2023 - 07:53
Current	downtrend
Forecast	continuation of downtrend
Midterm forecast: 1.730 is a major resistance, while this level is not broken, the Midterm wave will be downtrend. Technical analysis: While the RSI downtrend #1 is not broken, bearish wave in price would continue. A peak is formed in daily chart at 2.125 on 08/14/2023, so more losses to support(s) 1.000 and more depths is expected. Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains. Relative strength index (RSI) is 24.

Symbol	Released	Current	Forecast
ApeCoin (APEUSD)	Sun, 4 Aug 2024
ApeCoin (APEUSD)	Sat, 27 Jul 2024
ApeCoin (APEUSD)	Sat, 20 Jul 2024
ApeCoin (APEUSD)	Sat, 29 Jun 2024
ApeCoin (APEUSD)	Sat, 22 Jun 2024