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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.

DateMarch 18, 2023 - 14:43
Currentrange bound
Forecastcontinuation of downtrend

Midterm forecast:

  • While the price is below the resistance 6.400, continuation of downtrend is expected.
  • We make sure when the support at 2.620 breaks.
  • If the resistance at 6.400 is broken, the short-term forecast -continuation of downtrend- will be invalid.

Technical analysis:

  • The RSI downtrend #2 is broken, so the probability of continuation of downtrend is decreased.
  • While the RSI uptrend #1 is not broken, bullish wave in price would continue.
  • A trough is formed in daily chart at 3.590 on 03/11/2023, so more gains maximum to Major Resistance (6.400) is expected.
  • Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
  • Relative strength index (RSI) is 49.

Supports and Resistances:

  1. 27.600
  2. 23.712
  3. 19.125
  4. 15.555
  5. 13.574
  6. 10.519
  7. 9.138
Click on the level to view price action history.

Symbol Released Current Forecast
ApeCoin (APEUSD) Sat, 23 Mar 2024
ApeCoin (APEUSD) Sat, 16 Mar 2024
ApeCoin (APEUSD) Sun, 10 Mar 2024
ApeCoin (APEUSD) Sat, 2 Mar 2024
ApeCoin (APEUSD) Sat, 24 Feb 2024