ApeCoin (APE) has a Very Bullish Sentiment Score, is Rising, and Outperforming the Crypto Market Thursday: What’s Next?

ApeCoin (APE) gets a very bullish rating from InvestorsObserver Thursday. The crypto is up 8.79% to $1.5 while the broader crypto market is down 0.72%.

ApeCoin has a Very Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on ApeCoin!

Very Bullish

Over the last five days, ApeCoin has earned a Very Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of ApeCoin over the past five days by volume and price movement.

The Sentiment Score provides a quick, short-term look at the crypto’s recent performance. This can be useful for both short-term investors looking to ride a rally and longer-term investors trying to buy the dip.

Price Levels

ApeCoin is currently trading near its five-day high of $1.50468303108222. The crypto is 0.31% off its five-day high and is 15.24% higher than its five-day low of $1.3.

ApeCoin price is currently above resistance. With support set around $1.35 and resistance at $1.42, ApeCoin is potentially in a volatile position if the rally burns out.

ApeCoin has traded on low volume recently. This means that today’s volume is below its average volume over the past seven days.

What is a token?

Tokens are digital assets that exist on another cryptocurrency’s blockchain.

Due to a lack of data, this crypto may be less suitable for some investors.

Click here to unlock the rest of the report on ApeCoin