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TronWeekly

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ApeCoin Price Prediction: APE Holds Support at $0.675, Eyes Breakout Potential

  • ApeCoin is trading at $0.69924, showing a 1.53% gain in the last 4 hours, consolidating between $0.675 support and $0.735 resistance.
  • The price movement indicates indecision as the Bollinger Bands are narrowing and the DEMA is flat, suggesting low volatility.
  • ApeCoin surged from $0.45 to $0.786 in April and May but has since been consolidating within the support and resistance levels.
  • Traders are monitoring a potential breakout above $0.735 for a move towards $0.786 or a breakdown below $0.675 towards $0.593.

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