Convergence

Gala

ApeCoin

Divergence

The ApeCoin price surged 50% in the last 24 hours <a href="https://www.geckoterminal.com/eth/pools/0xac4b3dacb91461209ae9d41ec517c2b9cb1b7daf" rel="noopener noreferrer nofollow">to trade at $1.48</a> as of 00:19 a.m. EST on trading volume that skyrocketed 336% to $2.7 billion.
This comes after ApeCoin announced the official launch of the project’s bridge, ApeChain. The bridge will work similarly to other online crypto bridges, allowing users to connect their wallets and swap certain digital assets.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Over the last few months we’ve been highlighting integrations from industry leading protocols ON APECHAIN, but there’s more…
 Our commitment to bringing distribution opportunities to the community means worldwide visibility for developers and creators in the APE ecosystem.
 — ApeCoin (@apecoin) <a href="https://twitter.com/apecoin/status/1847731599141482703?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">October 19, 2024</a>
</blockquote>
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The available networks on the bridge are now ApeChain, Ethereum, and Arbitrum.
<h2 id="b-apecoin-price-indicators-support-the-sustained-bullish-stance-b">ApeCoin Price Indicators Support The Sustained Bullish Stance</h2>
According to data from <a href="https://www.geckoterminal.com/eth/pools/0xac4b3dacb91461209ae9d41ec517c2b9cb1b7daf" rel="noopener noreferrer nofollow">GeckoTerminal</a>, the ApeCoin price was in a consolidation phase in October, as it was trading within the $0.74 range.
The price has experienced a major bullish breakout, with a significant jump of 139.30% (as shown by the vertical arrow highlighting the price range). The recent candles show a significant surge from around $0.74 to over $1.50. However, the red candle suggests some retracement or cooling-off period after the peak.
The continued price surge has driven the price of ApeCoin to trade above both the 50-day and 200-day Simple Moving Averages (SMAs), affirming the bullish rally.
The Relative Strength Index (RSI) is in overbought territory, currently at 86 (above 70). An RSI above 80 often indicates extreme overbought conditions, suggesting the asset may be due for a pullback or consolidation. This aligns with the recent red candle and retracement from the peak.
Moreover, the Moving Average Convergence Divergence (MACD) line is above the signal line, indicating bullish momentum, but the lines are starting to converge, which could suggest weakening momentum.
<figure id="attachment_589477" aria-describedby="caption-attachment-589477" style="width: 100%" class="wp-caption alignnone"><img decoding="async" class="size-full wp-image-589477" src="https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V3-_GeckoTerminal.com_APE_2024-10-21_07-19-05-1.png" alt="ApeCoin Price Chart Analysis Source: GeckoTerminal.com" width="1167" height="555" srcset="https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V3-_GeckoTerminal.com_APE_2024-10-21_07-19-05-1.png 1167w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V3-_GeckoTerminal.com_APE_2024-10-21_07-19-05-1-300x143.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V3-_GeckoTerminal.com_APE_2024-10-21_07-19-05-1-1024x487.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V3-_GeckoTerminal.com_APE_2024-10-21_07-19-05-1-768x365.png 768w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V3-_GeckoTerminal.com_APE_2024-10-21_07-19-05-1-130x63.png 130w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V3-_GeckoTerminal.com_APE_2024-10-21_07-19-05-1-104x50.png 104w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V3-_GeckoTerminal.com_APE_2024-10-21_07-19-05-1-83x40.png 83w" sizes="(max-width: 1167px) 100vw, 1167px">
 <figcaption id="caption-attachment-589477" class="wp-caption-text">
 APEUSD Chart Analysis Source: GeckoTerminal.com
 </figcaption>
</figure>
<h2 id="apecoin-price-prediction">ApeCoin Price Prediction</h2>
According to the ApeCoin price analysis on the 4-hour timeframe, APE is currently on a sustained bullish rally, which the bulls aim to sustain, as they capitalize on the positive price indicators.
If the bulls sustain the current price, the ApeCoin price could surge even more, as the bulls aim for a new resistance around $2.0.
However, the price seems to be correcting, as even the RSI seems to be dropping. If the correction continues, support could be found on the 50-day SMA ($0.8441) and 200-day SMA ($0.7835).
As the Apecoin price soars, investors are also piling into the new meme token <a href="https://insidebitcoins.com/visit/cryptoallstars" rel="noopener noreferrer nofollow">Crypto All-Stars (STARS)</a>, which has just crashed past $2.5 million raised in its presale.
ClayBro, a prominent crypto analyst with over 130K subscribers, says PEPU has the potential to soar 26x after its launch.
<iframe title="Crypto All Stars Price Predictions! Prepare For 26x Gains Or More!" width="640" height="360" src="https://www.youtube.com/embed/kIWVxYWcXfY?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
<h2 id="crypto-all-stars-heads-for-3-million">Crypto All-Stars Heads For $3 Million</h2>
<a href="https://insidebitcoins.com/visit/cryptoallstars" rel="noopener noreferrer nofollow">C͏rypto All-S͏t͏a͏r͏s</a> is an innovative project that b͏ring͏s the M͏emeVault eco͏syste͏m to the cryp͏to wor͏l͏d, enabling hold͏ers o͏f multiple top mem͏e c͏oins to͏ stake their tokens together on a single platform, earning rewards in $STARS.͏
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Why Is Everyone Excited?
 In its initial presale phase, Crypto All-Stars raised over $350k! 💰
 This early success shows that investors see BIG potential here. 🚀
 Could this be the next <a href="https://twitter.com/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$PEPE</a>? 👀
 — web3telepath (@web3telepath) <a href="https://twitter.com/web3telepath/status/1824051738833260654?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">August 15, 2024</a>
</blockquote>
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Eleven meme coins can be staked from the outset: Dogecoin, Shiba Inu, Pepe, Floki, Brett, Mog Coin, Milady, Turbo, Toshi, Coq Inu, and Bonk. More meme coins will be added in the coming months.
You can also earn passively through the project’s native staking mechanism, which offers a huge 594% annual percentage yield (APY).
You can buy the token now for $0.0015127. The price will increase in about one day, so act fast to lock in the best deal.
<a href="https://insidebitcoins.com/visit/cryptoallstars" rel="noopener noreferrer nofollow">Purchase $STARS from its official website here using BNB, USDT, or a bank card</a>.
<h2 id="related-news">Related News</h2>
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Is It Too Late To Buy APE? ApeCoin Price Surges 50% And This Might Be The Next Crypto To Explode

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