ApeCoin (APE) is adding 9.2% to $0.688 this week, strongly outperforming the broader crypto market, where Bitcoin (BTC) is up by 2.2% to $109,768. After breaking through the resistance at $0.500 in late April and successfully retesting it in early May, APE gained momentum, rising steadily before briefly consolidating. The current price action suggests the token is preparing for another leg up, aiming to surpass the $1.0000 resistance level. The rally marks a significant recovery from the low of $0.348 in early April and is supported by overall market optimism and renewed interest in the ApeCoin ecosystem. With improving sentiment, APE has a solid chance to break into higher territory.
