Hello Crypto community Welcome to this introduction for another high potential crypto project.๐๐ฐ
๐นRank #36,/ kind : ETH TOKEN/ Market Cap:$3,723,356,044=== > GOODโ
Total Supply: 1,000,000,000/// Circulating Supply: 277,500,000.00 APE (~ 28%) ====> risky โ๐
Top 10 Holders : 10.25%====> GREATโ โ โ
ApeCoin (APE) is the native token that empowers the decentralized community building of the APE ecosystem. The APE ecosystem includes the community of Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC), two of the most popular NFT collections on the Ethereum blockchain.
APE is the native token of the project. The current use cases for APE include:
Governance: The APE Improvement Proposal Process will allow ApeCoin DAO members to make decisions regarding Ecosystem Fund allocations, governance rules, projects, partnerships, and beyond.
apecoin.com
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๐Technical
As you can see on 30 min timeframe for apeusd, It has recently been added and initialized on exchanges of binance and ftx and...so
Due to its large trading volume, it is at the top of the largest coins after Bitcoin and ETH , and has recently been able to form a flag or triangle pattern,which I think is an ascending pattern, and can also see higher targets. SO first of all we should see valid close on descending trendline or pulback as a trigger thus wait to see it then go long !
Of course, keep in mind that if this pattern fails, it can decline to green zones as its lower supports.
๐resistance level: $13.5 -15/// descending trendlines
โ๏ธsupport levels: $11.34-11.65///$7.56-8.32///
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๐This analysis is my personal opinion ,not a financial advice ,so do your own research.
๐ if you're a fan of my analyses PLZ follow me and give a big thumbs ๐ OR drop comment ๐ฏ๐ญ
๐นRank #36,/ kind : ETH TOKEN/ Market Cap:$3,723,356,044=== > GOODโ
Total Supply: 1,000,000,000/// Circulating Supply: 277,500,000.00 APE (~ 28%) ====> risky โ๐
Top 10 Holders : 10.25%====> GREATโ โ โ
ApeCoin (APE) is the native token that empowers the decentralized community building of the APE ecosystem. The APE ecosystem includes the community of Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC), two of the most popular NFT collections on the Ethereum blockchain.
APE is the native token of the project. The current use cases for APE include:
Governance: The APE Improvement Proposal Process will allow ApeCoin DAO members to make decisions regarding Ecosystem Fund allocations, governance rules, projects, partnerships, and beyond.
apecoin.com
-------------------------------------------------------------------------------------------------------------------
๐Technical
As you can see on 30 min timeframe for apeusd, It has recently been added and initialized on exchanges of binance and ftx and...so
Due to its large trading volume, it is at the top of the largest coins after Bitcoin and ETH , and has recently been able to form a flag or triangle pattern,which I think is an ascending pattern, and can also see higher targets. SO first of all we should see valid close on descending trendline or pulback as a trigger thus wait to see it then go long !
Of course, keep in mind that if this pattern fails, it can decline to green zones as its lower supports.
๐resistance level: $13.5 -15/// descending trendlines
โ๏ธsupport levels: $11.34-11.65///$7.56-8.32///
--------------------------------------------------------------------------------------------------------------------
๐This analysis is my personal opinion ,not a financial advice ,so do your own research.
๐ if you're a fan of my analyses PLZ follow me and give a big thumbs ๐ OR drop comment ๐ฏ๐ญ
ืขืกืงื ืคืขืืื:
๐resistance level: $11.35-$11.70///$13 -13.5/// descending trendlines
๐ฒVolume Gap:$10.28-$10.62
โ๏ธsupport levels: $7.8-8.23///descending trendlines
๐ฒVolume Gap:$10.28-$10.62
โ๏ธsupport levels: $7.8-8.23///descending trendlines
ืขืกืงื ืคืขืืื:
ืขืกืงื ืคืขืืื:
