ApeCoin (APE) surged 17.52% in the past 24 hours, reaching $1.216614 amid Bitcoin’s recovery.An upcoming unlock of 15.6 million APE tokens on January 17th, representing 2.16% of the supply, is closely watched by traders.Technical analysis indicates APE trading in an ascending channel, with targets set at $1.67 and $2.10.ApeCoin (APE) recently faced significant turbulence, experiencing a sharp decline amidst a broader market downturn.