{"id":14871,"date":"2022-12-20T21:38:43","date_gmt":"2022-12-20T21:38:43","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2022\/12\/20\/apes-give-up-as-apecoin-ape-usd-now-stares-at-a-possible-drop-below-3\/"},"modified":"2022-12-20T21:38:43","modified_gmt":"2022-12-20T21:38:43","slug":"apes-give-up-as-apecoin-ape-usd-now-stares-at-a-possible-drop-below-3","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2022\/12\/20\/apes-give-up-as-apecoin-ape-usd-now-stares-at-a-possible-drop-below-3\/","title":{"rendered":"Apes give up as ApeCoin (APE\/USD) now stares at a possible drop below $3"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1671570001613-6054d074-cd6a-45b0-91eb-830be5dea86d-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1671570001613-6054d074-cd6a-45b0-91eb-830be5dea86d-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1671570001613-6054d074-cd6a-45b0-91eb-830be5dea86d-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1671570001613-6054d074-cd6a-45b0-91eb-830be5dea86d-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/1970\/01\/1671570001613-6054d074-cd6a-45b0-91eb-830be5dea86d.jpg\" alt=\"\" width=\"100%\" height=\"100%\"\/>\n<\/picture>\n                    <\/div>\n<ul>\n<li dir=\"ltr\">\n<p dir=\"ltr\">ApeCoin has misplaced the battle at the resistance of $4.2<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">The cryptocurrency has been hit by the final weak crypto sentiment<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">APE may drop to $3 if the bear stress mounts<\/p>\n<\/li>\n<\/ul>\n<p dir=\"ltr\">ApeCoin (APE\/USD) traded at $3.5 as the cryptocurrency got here beneath bear stress from the $4.2 resistance. Buyers have been defending the $4.2 resistance for a while, giving hopes of a potential breakout and the beginning of a bull market. Apes appear to have now been defeated as the cryptocurrency appears to be like at a possible decline to $3.<\/p>\n<p dir=\"ltr\">Recent strengths in ApeCoin coincided with the launch of the <a href=\"https:\/\/coinjournal.net\/glossary\/staking\/\" rel=\"noopener noreferrer\" target=\"_blank\"><u>staking<\/u><\/a> function earlier this month. Despite witnessing a lot of success, the customers of the staking service have been warned of quite a few phishing assaults. Horizen Lab, the developer of the staking function, has informed customers to solely use the official hyperlink,<em>\u00a0ApeStake.io,<\/em> for the service.<\/p>\n<p dir=\"ltr\">Nonetheless, from the value outlook, APE appears to be getting hit by the general crypto sentiment. The decline comes regardless of Ape-coin-linked NFTs persevering with to document main gross sales volumes. A technical outlook exhibits APE nonetheless trapped in a descending channel.<\/p>\n<h2 dir=\"ltr\"><strong>APE slides from $4.2 resistance as weak point develop<\/strong><\/h2>\n<p dir=\"ltr\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/media.igms.io\/2022\/11\/20\/1671570146723-d0f47cbd-cfbd-48b5-afc2-3246bee8baf4.png\" style=\"width: 600px\" class=\"fr-fic fr-dib\" width=\"600\" height=\"286\"\/><\/p>\n<p dir=\"ltr\"><a href=\"https:\/\/www.tradingview.com\/symbols\/APEUSD\/\" rel=\"noopener noreferrer\" target=\"_blank\"><u>APE\/USD Chart by TradingView<\/u><\/a><\/p>\n<p dir=\"ltr\">APE initiated a bearish MACD crossover on the day by day chart. The indicator has shifted to the destructive territory after the newest value decline.\u00a0<\/p>\n<p dir=\"ltr\">The cryptocurrency now trades below $4.2 resistance after bears took management. APE value has now crashed again to the descending channel. The value is gaining stability at $3.5, however the established assist lies at $3.0.<\/p>\n<h2 dir=\"ltr\"><strong>Concluding ideas\u00a0<\/strong><\/h2>\n<p dir=\"ltr\">If bulls don&#8217;t take management of APE at $3.5, the following decline may take the cryptocurrency to $3.0.\u00a0<a href=\"https:\/\/coinjournal.net\/apecoin\/\" rel=\"noopener noreferrer\" target=\"_blank\"><u>APE price<\/u><\/a> should overcome resistance at $4.2 and the descending channel to change into bullish.<\/p>\n<h2 dir=\"ltr\"><strong>Where to purchase APE\u00a0<\/strong><\/h2>\n<h3>\n    eToro<\/h3>\n<p>eToro gives a wide selection of cryptos, such as Bitcoin, XRP and others, alongside crypto\/fiat and crypto\/crypto pairs. eToro customers can join with, study from, and duplicate or get copied by different customers.<\/p>\n<p>\n    <a href=\"https:\/\/coinjournal.net\/visit\/etoro-crypto?guid=OTgwMTQ&amp;component=simple-table&amp;language=en&amp;country=US&amp;state=AZ&amp;position=1&amp;totalPositions=2\" rel=\"noopener nofollow sponsored\"><br \/>\n                    Buy APE with eToro today            <\/a><br \/>\n            <button class=\"flex items-center mt-2 text-sm text-gray-600 focus:o-outline-none\" data-tooltip=\"Cryptoasset investing is unregulated in some EU countries. No consumer protection. Your capital is at risk.\" aria-expanded=\"false\"><br \/>\n            <span class=\"border-b border-gray-600 border-dotted\">Disclaimer<\/span><br \/>\n            <span class=\"ml-1\"><br \/>\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" aria-hidden=\"true\" focusable=\"false\" role=\"img\" viewbox=\"0 0 512 512\" class=\"w-3 h-3\">\n                    <path fill=\"currentColor\" d=\"M256 40c118.621 0 216 96.075 216 216 0 119.291-96.61 216-216 216-119.244 0-216-96.562-216-216 0-119.203 96.602-216 216-216m0-32C119.043 8 8 119.083 8 256c0 136.997 111.043 248 248 248s248-111.003 248-248C504 119.083 392.957 8 256 8zm-36 344h12V232h-12c-6.627 0-12-5.373-12-12v-8c0-6.627 5.373-12 12-12h48c6.627 0 12 5.373 12 12v140h12c6.627 0 12 5.373 12 12v8c0 6.627-5.373 12-12 12h-72c-6.627 0-12-5.373-12-12v-8c0-6.627 5.373-12 12-12zm36-240c-17.673 0-32 14.327-32 32s14.327 32 32 32 32-14.327 32-32-14.327-32-32-32z\"\/>\n                <\/svg><br \/>\n            <\/span><br \/>\n        <\/button>\n    <\/p>\n<h3>\n    Public<\/h3>\n<p>Public is an investing platform that permits you to make investments shares, ETFs, crypto, and different belongings like advantageous artwork and collectibles\u2014multi functional place.<\/p>\n<p>\n    <a href=\"https:\/\/coinjournal.net\/visit\/public-crypto?guid=OTgwMTQ&amp;component=simple-table&amp;language=en&amp;country=US&amp;state=AZ&amp;position=2&amp;totalPositions=2\" rel=\"noopener nofollow sponsored\"><br \/>\n                    Buy APE with Public today            <\/a><br \/>\n            <button class=\"flex items-center mt-2 text-sm text-gray-600 focus:o-outline-none\" data-tooltip=\"Cryptocurrency execution and custody services are provided by Apex Crypto LLC (NMLS ID 1828849) through a software licensing agreement between Apex Crypto LLC and Public Crypto LLC. Crypto trading on Public platforms is served by Public Crypto LLC and offered through APEX Crypto. Please ensure that you fully understand the risks involved before trading.\" aria-expanded=\"false\"><br \/>\n            <span class=\"border-b border-gray-600 border-dotted\">Disclaimer<\/span><br \/>\n            <span class=\"ml-1\"><br \/>\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" aria-hidden=\"true\" focusable=\"false\" role=\"img\" viewbox=\"0 0 512 512\" class=\"w-3 h-3\">\n                    <path fill=\"currentColor\" d=\"M256 40c118.621 0 216 96.075 216 216 0 119.291-96.61 216-216 216-119.244 0-216-96.562-216-216 0-119.203 96.602-216 216-216m0-32C119.043 8 8 119.083 8 256c0 136.997 111.043 248 248 248s248-111.003 248-248C504 119.083 392.957 8 256 8zm-36 344h12V232h-12c-6.627 0-12-5.373-12-12v-8c0-6.627 5.373-12 12-12h48c6.627 0 12 5.373 12 12v140h12c6.627 0 12 5.373 12 12v8c0 6.627-5.373 12-12 12h-72c-6.627 0-12-5.373-12-12v-8c0-6.627 5.373-12 12-12zm36-240c-17.673 0-32 14.327-32 32s14.327 32 32 32 32-14.327 32-32-14.327-32-32-32z\"\/>\n                <\/svg><br \/>\n            <\/span><br \/>\n        <\/button>\n    <\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this text<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/apes-give-up-as-apecoin-now-stares-at-a-possible-drop-below-3\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] ApeCoin has misplaced the battle at the resistance of $4.2 The cryptocurrency has been hit by the final weak crypto sentiment APE may drop to $3 if the bear stress mounts ApeCoin (APE\/USD) traded at $3.5 as the cryptocurrency got here beneath bear stress from the $4.2 resistance. Buyers have been defending the $4.2 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":14873,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[4],"tags":[502,208,4394,552,3326,4825],"class_list":["post-14871","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-apecoin","tag-apes","tag-apeusd","tag-drop","tag-give","tag-stares","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/14871","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=14871"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/14871\/revisions"}],"predecessor-version":[{"id":14872,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/14871\/revisions\/14872"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/14873"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=14871"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=14871"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/tags?post=14871"}],"curies":[{"nam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