APES Token Soars 361%: Is $0.10 the Goal in 2024?

As a brand new gaming token obtainable on the Solana community, the APES token is making waves within the crypto market. With a market cap of $22.16 million, the gaming token reveals huge upside potential because it soars in a bear market. 

Will the APES value attain $0.10 in a bull market this 12 months?

Bull Run Continues For APES 

The APES value development maintains a bullish development within the 4-hour chart and a assist trendline within the day by day chart. The altcoin has elevated by 361% within the final ten days and is sustaining dominance on the $0.020 psychological mark. 

Supply: Buying and selling View

Following the height formation on the $0.048 mark, the gaming token takes a drop to the newly fashioned assist trendline close to $0.016. Concluding the correction section, the assist trendline places the APES value development on a sideways monitor.

With a double backside formation throughout the lateral shift, the growing underlying demand is obvious. Additional, with the current bull cycle of 40% in two days, the APES value surpasses the neckline at $0.0225 on the 50% Fibonacci stage.

Supporting the bull run, the MACD indicator reveals a bullish alignment within the MACD and sign line with a restoration in histograms. 

Primarily based on the Fibonacci ranges, the breakout rally within the APES value can goal the 100% and 1.618% ranges at $0.030 and $0.044, respectively. On the flip aspect, the underside assist ranges are current at $0.018 and $0.016. 

Itemizing Beneficial properties Forward

Much like NOT and different gaming tokens, the APES value can surge increased with itemizing on high platforms akin to Bybit and Binance. As APES combines the gaming and memecoin segments, customers can earn tokens over the Telegram bot by exercising fundamental duties. Additional, as APES relies on the Solana community, recognized for top velocity and low cost transaction prices, it’ll proceed to realize recognition within the DEX world.

In case of such a elementary progress spree, the bull run within the APES value can witness a 5x surge to hit the $0.10 mark. 

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