ApeCoin: Bakit nananatiling malamang ang karagdagang pagkalugi
ApeCoin [APE] rallied by close to 9% on Tuesday during the time the entire crypto market saw a bounce in prices. While the on-chain metrics gave divergent signals, the price charts showed that bears remained dominant. Is your portfolio green? Check the ApeCoin Profit Calculator For ApeCoin, the higher timeframe market structure was firmly in favor of the sellers. The psychological $1.5 resistance has held firm over the past week. The Fibonacci extension levels have been respected so far, and showed a move toward $1.2 is likely. A retest of $1.55 before another leg downward was a possibility APE traders can watch out for Pinagmulan: APE/USDT sa TradingView In mid-August, ApeCoin fell from $2.216 to $1.66. A set of Fibonacci retracement and extension levels (pale yellow) was plotted based on this move. The bearish pressure over the past two weeks saw APE continue its descent below $1.66. The 61.8% extension level at $1.37 was tested on 17 August when APE prices briefly dropped as far south as $1.345. In the two weeks since, the $1.5-$1.55 area served as support for a couple of days but was flipped to resistance on 21 August. The OBV has been in a downtrend over the past week, even though the RSI









