Apecoin is weakening further. Its prices plunge from $27.74 per coin, which is a 93% drop to current price levels. Furthermore, investors are getting more pessimistic about the digital asset since a “Death cross” emerged on charts in March 2023. Trading volumes are falling, while the demand is deteriorating since then. .It seem that prices may retest the $2.00 resistance level to confirm downside movement towards $1.00. The project needs to deliver positive developments in order to stabilize prices. Otherwise, massive sell-offs could be initiated if prices dive below the critical $1.00 support.