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APE: Rising Channel
Quick update on APE. As most of you know, ETH has been leading the crypto market in the last week or two, which has pumped some altcoins 100%+.
There has been some bullish news lately, such as GUCCI accepting APE for payments, and headlines such as, "One of the Richest Ethereum Whales In Existence Accumulates Polygon, APE, Sandbox..."
If APE is able to break heavy resistance between $9 - $10, then we can expect to see at least another 20% - 30% gain beyond that.
This idea is invalidated if it closes below the rising channel.
There has been some bullish news lately, such as GUCCI accepting APE for payments, and headlines such as, "One of the Richest Ethereum Whales In Existence Accumulates Polygon, APE, Sandbox..."
If APE is able to break heavy resistance between $9 - $10, then we can expect to see at least another 20% - 30% gain beyond that.
This idea is invalidated if it closes below the rising channel.
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