Neutral-Rated ApeCoin (APE) Rises Thursday to $3.6

ApeCoin (APE) gets a neutral rating from InvestorsObserver Thursday. The token is up 0.92% to $3.6 while the broader crypto market is up 0.26%.

Neutral

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

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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.

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Price Levels

ApeCoin is currently trading near its midpoint for the past five-days. The token is 11.18% off its five-day high and is 10.04% higher than its five-day low of $3.27.

ApeCoin price is trading near resistance. With support set around $3.5 and resistance at $3.6, could face selling pressures soon.

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.

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