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ApeCoin (APE) At All-Time Low!


ApeCoin (APE), which carried the NFT market by storm for a period, reached an all-time low by testing $ 1.88.
ApeCoin (APE), one of the main elements of the processes in which NFTs are popular, once reached $ 40, creating a huge frenzy. APE, which collapsed with the loss of popularity of NFTs, experienced a great shock both in NFT values and in coin terms. In addition, it became the most falling coin of the day with 10.57 percent depreciation in the last 24 hours.
APE, which has seen heavy selling pressure from its ATH value so far, turned its route down again after testing $2.52 in the short term. Finding almost no buyers from the support levels, APE took the breath at $1.88. The APE, which has reached its lowest value since its listing on the stock exchanges, has caused great concern for the investor base and the NFT market.
For the 4-hour time frame, the indicator shows that the next support could be at $1.64.
In case the price moves upwards, the levels to be followed for APE are $1.96 - $2.19 - $2.33 and $2.52, respectively. Staying above $2.52 could give APE a sigh of relief.
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