’s exchange outflow spiked quite a few times over the last week, which is a bullish signal for an asset.
The token’s network growth also noted an increase. Thus, increasing the possibility of a continued price hike.Well, APE’s popularity was proven yet again as its daily active addresses increased over the week, and so did its daily transaction volume in profit.revealed that APE’s volatility was considerably higher compared to the previous week, which, when coupled with the other metrics, painted a strongly bullish picture for the altcoin.
However, the Exponential Moving Average Ribbon indicated that the bears still had the upper hand in the market, as the 20-day EMA was below the 55-day EMA, which might cause trouble in the near term.Subscribe to get it daily in your inbox.
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