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    Apes Price Prediction: APES Headed for 108% Weekly Upside, But Experts Say You Should Consider This New Olympics-Themed Coin for 100x Gains

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    Apes Price

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    Apes price is up 108% in the last week and 5% in the last 24 hours. Trading at $0.02049 As of 7:00 AM ET, trading volume was up 2% to $6.9 million.

    Monkey price breaks triangle pattern

    The APES/USD pair on the 1-hour time frame is currently showing signs of consolidation within a descending triangle pattern, which is bounded by a bearish trend line above and a 50-period simple moving average below. This pattern is usually considered a continuation pattern, but given the overall market context, it could also indicate a potential reversal.

    The price action is constrained by a downtrend line, which has been pushing the market lower. This shows that sellers have prevailed, although the pattern is narrowing, suggesting that a breakout, either to the upside or to the downside, may be imminent.

    APESUSD Analysis Source: Dextools.io

    The 50 SMA at $0.0197 is currently acting as a support level, and the price has respected it on recent dips. This indicates some buying interest around these levels. Meanwhile, the 200 SMA at $0.0179 is slightly below the 50 SMA and is acting as long-term support. It also indicates that APES is in an uptrend since the 50 SMA recently crossed above it.

    The Moving Average Convergence Divergence (MACD) indicator is showing a mild bullish crossover, with the MACD line crossing above the signal line. This indicates a possible shift in momentum to the upside, albeit still temporary. The chart is also slightly positive, which increases the upside potential but remains relatively subdued.

    On the other hand, the Relative Strength Index (RSI) is trading at 59.33 in a neutral to slightly bullish territory. This suggests that there is still room for the price to rise without being overbought. The current RSI reading also suggests that the market is balanced but leaning towards bullish momentum, which could support a breakout.

    Apes Price Prediction: Can Bulls Maintain Momentum?

    There is a strong possibility of the price breaking above the downtrend line if the buying momentum continues. A successful break above the trend line could lead to a rapid rise in the price towards $0.0300 and eventually test the $0.0350 target.

    However, if Apes price fails to break above the trend line, there could be a downside risk towards the 50-day SMA or even the 200-day SMA, with potential support near $0.0197. Failure to break the trend line could see the price drop to $0.0175 or lower, testing key moving average support levels.

    Last Chance: Buy Meme Games Token Now Before Presale Ends

    In the meantime, Olympic fans may want to diversify their investments into another cryptocurrency called Meme Games (MGMES)), which has raised over $400,000 as the pre-sale phase nears its end.

    Popular cryptocurrency analyst and YouTuber Claybro believes that MGMES is one of the cryptocurrencies that could generate huge returns once it launches.

    Meme Games brings Olympic-style competition to the world of meme coins, as popular internet memes like Dogecoin, Pepé, Dogwifhat, Brett, and Turbo compete for crypto supremacy.

    By purchasing MGMES tokens, investors can choose one of these five characters to represent in a virtual contest. The winning meme is randomly selected using blockchain technology, adding an exciting element of luck. If your chosen meme wins first place, you’ll earn a 25% bonus on your initial purchase amount.

    Participants can participate as many times as they like by purchasing additional MGMES tokens, with no minimum purchase required. This flexibility allows players to strategize by making multiple, smaller purchases to increase their chances of winning.

    You can also stake your MGMES tokens for an impressive 471% annual return. So far, over 21 million MGMES tokens have been staked since the project went on presale.

    Early buyers can purchase MGMES tokens for $0.0094 using ETH, USDT, BNB, or credit card via the official website’s purchase tool. With the meme coin price rising in less than four days, buying now will help you secure the best deal.

    Buy MGMES tokens here before the presale ends.

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