APE Price Analysis: Can Renewed Bullish Rally Surpass $10 Mark?

Fighting off the negative sentiment across the crypto market, the Apecoin(APE) price soared 37.69% on the intraday level. This sudden price released the trapped bullish momentum from the two-weeks old falling wedge pattern.

Timeline of Apecoin-ape

ApeCoin APE/USD has weakened from $27.62  to $5.16 since April 28, 2022, and the current price stands at $8.54. The risk of further decline still persists, and if you decide to buy this cryptocurrency in the upcoming days, you should use a “stop-loss” order because the risk remains high. ApeCoin can be used without centralized The post Is ApeCoin a good buy in May 2022? appeared first on Invezz.

Cryptocurrencies have been on the rise in the past couple of years and as tokens develop new technologies and functionalities, the rise of all-encompassing ecosystems has seen the day. These ecosystems aim to provide holders with more inclusive user experiences and limit the intervention of third parties in users' interactions with the blockchain.

The market's latest stumble left Bitcoin trading at $31,456.23 while Ether was changing hands at $2,367.80. Naturally, altcoins are having a difficult time at the moment, but some tokens that usually suffer along with ETH are NFT-related assets.

There was a heavy sell-off in the crypto market in the past few days as Bitcoin shed value alongside global stock indices. TRON had been one of the few coins that had trended upward in the past week, but it fell beneath crucial support.

ApeCoin has surpassed Tether (USDT) and Loopring (LRC) as the third most purchased cryptocurrency after Ethereum (ETH) and USDC by the top-100 Ethereum wallet addresses. The post ApeCoin (APE) Becomes Third Most-Purchased Crypto by Top-100 Ethereum Wallets appeared first on BeInCrypto.

Ethereum's richest bagholders have been shuffling their altcoin stacks as ETH and the overall crypto markets teeter. According to data from whale-monitoring platform WhaleStats, Apecoin (APE), a token airdropped to members of the Bored Ape Yacht Club non-fungible token (NFT) community, is the most purchased altcoin among the biggest Ethereum whales at time of writing, The post Whales Are Quiety Accumulating ApeCoin, Loopring and Five Additional Ethereum-Based Altcoins, According to WhaleStats appeared first on The Daily Hodl.

Axie Infinity and ApeCoin crash by double digits while Bitcoin corrects as we can see more in our today's latest altcoin news. The NFT-based coins like Axie Infinity and ApeCoin plummeted amid the wider marekt rout and posted double-digit losses in the past day.

  Apecoin is a cryptocurrency that takes inspiration from renowned NFT collectables known as the Bored Ape Yacht Club. Which is the biggest NFT project by market capitalization. It left everyone astounded when the APE's price hit the $24 mark on April 29th. In just a few days after its launch on March 17.  The market …

A popular crypto trader and analyst is expressing bullish sentiment for Bitcoin (BTC) with a caveat. Pseudonymous crypto trader Altcoin Sherpa tells his 174,900 Twitter followers that he is “cautiously bullish” on Bitcoin while noting that corrections have typically followed BTC's upward moves in the past. According to Altcoin Sherpa, his bullish thesis will be The post Top Trader Is ‘Cautiously Bullish' on Bitcoin (BTC), Charts ApeCoin (APE), Ethereum-Rival and One Other Altcoin appeared first on The Daily Hodl.

Be[in]Crypto takes a look at the five altcoins that decreased the most over the past seven days, more specifically from April 30 to May 6.  The post ApeCoin (APE) Down More Than 50% Since All-Time High: Biggest Weekly Losers appeared first on BeInCrypto.