Recently, APE has been performing quite decent when compared to the majority of the crypto market. A recent break out through the $15 resistance gave confidence to bulls that there might be more gains coming in the short-term.

As of now, we’re experiencing some bearish volatility after touching the recent top between $17.00 – $17.50. If we can close a higher-timeframe candle above $17.50, I reckon that we’re going to see the start of a move towards the current ATH around $28.

Ideally, Bitcoin will remain stable. Further BTC downside might cause issues for APE in the short-term.

Happy trading!