ApeCoin Is Building Momentum
ApeCoin (APE) is down 4.3% to $0.578 this week, underperforming Bitcoin (BTC), which slipped 0.68% to $115,390. The token continues to consolidate between the $0.500 support and the middle of the downtrend channel. This narrowing range suggests that a strong impulse is building, with conditions pointing to an upside move. APE has never fallen below the $0.500 support, reinforcing its importance. A decisive breakout is expected by early October. Adding to the bullish case, ApeCoin recently announced a collaboration with Solana, a development not yet priced in, which could provide additional momentum once the breakout occurs.
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