APE Is Likely to Move towards Ambitious Targets above $1.000
ApeCoin (APE) is adding 1.8% this week to $0.498, outperforming the broader crypto market, where Bitcoin (BTC) is down 1.6% to $94,498. APE hit an all-time low of $0.348 in early April but has since rebounded, breaking above the key resistance level at $0.500. Prices are currently retesting this level, potentially setting the stage for a new upward move.
If the retest proves successful, APE could rally towards $1.000, supported by either progress in U.S.-China trade negotiations or a more dovish stance from the Federal Reserve.
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