APE/USDT 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this APE/USDT 1DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-Apecoin (APE) was another big mover in today’s session, extending recent gains to a fifth consecutive day.
Following a low of $4.50 to start the week, APE/USD raced to an intraday peak of $4.98 earlier in the day.
The move pushed apecoin to its highest level since November 5 and came following a breakout of a price ceiling at $4.60.
As a result of today’s surge, the RSI on the APE chart is now at its strongest point on record, with a reading of 79.09.
This means that prices are now deep in overbought territory, which could mean that bears are preparing for reentry.
Despite this potential reversal, bulls are seemingly still targeting a ceiling at $5.30, which hasn’t been hit since October 11.
This is not a piece of financial advice.
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