APE Price Analysis: $5.6 Breakout May Trigger Bullish Reversal pattern

APE Price Analysis: $5.6 Breakout May Trigger Bullish Reversal pattern


CoinGape
2022-07-05 17:33:37

The Apecoin (APE) recovery set-up reveals the formation of a cup and handles pattern. Following this pattern, the coin price should charge onto the overhead resistance of $5.67, aiming for a bullish breakthrough. This breakout should accelerate buying pressure and allow a recovery rally to $7.34 Key points: The APE price needs to rise 18% The post APE Price Analysis: $5.6 Breakout May Trigger Bullish Reversal pattern appeared first on CoinGape.