A bearish breakdown from a four-week-old channel of an inverted flag pattern released the trapped bearish momentum. The APE price is currently going through a retest phase, which will validate whether the breakdown is genuine or not. A potential downfall would plunge the altcoin back to June bottom support of $3.3. but should you worry?

The post Apecoin Price Analysis: Bearish Pattern Threatens APE Price to Revisit $3.1 appeared first on CoinGape.



Share To:

CoindeskCrypto

Post A Comment:

0 comments so far,add yours

Brian Armstrong Confirms Tether Delisting If Noncompliant With US Laws; Report

Brian Armstrong, CEO of Coinbase Global, has confirmed that the cryptocurrency exchange would remove the stablecoin Tether (USDT) from its U...