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ApeCoin (APE) Eyes $0.67 Breakout After Holding Strong at Key Support.
APE has traded between $0.52–$0.76 since May, showing signs of accumulation.
Price is now at $0.6152, climbing with support from EMAs and rising volume.
Breakout above $0.65–$0.67 could confirm a bullish trend.
ApeCoin is climbing within a strong range pattern, supported by key levels. Buyers are showing strength as the token eyes a potential breakout.
Price Holds Strong Within Clear Range
From May 2025, ApeCoin has been moving in a well-defined horizontal range.Support is between $0.52 and $0.54, while resistance holds near $0.75–$0.76. This setup shows the market is accumulating, with buyers stepping in near the lower range.
Today, APE trades around $0.6152, pushing toward the range’s mid-point after bouncing from support. The 9-period EMA at $0.5998 and the 50-period SMA at $0.5760 both sit below the price, showing short-term bullish support.
According to Alpha Crypto Signal, this move reflects growing interest, even as volume remains moderate. Still, momentum is building, and traders are watching closely.To keep the momentum going, APE needs to hold above $0.60 and make a steady move toward the key resistance zone between $0.65 and $0.67
Trendline Resistance in Focus
From a wider view, APE is testing a descending trendline that has capped price action since July. As shared by Quanto, this trendline is meeting up with the 100-day EMA, now at $0.613 — making it a key resistance zone.
A close above both the trendline and EMA could flip sentiment bullish and open the path toward $0.65 and beyond. Without that, the price may pull back again to the $0.54 support zone.
Source: CryptoRank
The token’s 24-hour trading volume is around $30.84 million, showing a 0.96% daily gain and a 6.59% rise this week. While these numbers point to strength, a stronger volume push is needed to break above resistance and hold gains.
Eyes on Breakout Confirmation
APE is at a crucial level. If bulls can push the price past $0.67 with strong volume, a full breakout may follow. That could send APE toward the upper part of its range, near $0.75.
But a rejection at this level might bring another dip toward support. For now, the range holds strong, and bulls are showing early signs of control. The next few sessions could decide what’s next for APE.
The post ApeCoin (APE) Eyes $0.67 Breakout After Holding Strong at Key Support. appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.