APEUSDT | Descending Channel | Time To Rise Up Again
APEUSDT | Descending Channel | Time To Rise Up Again
1. What Is ApeCoin?
ApeCoin is an ERC-20 governance and utility token used within the APE Ecosystem to empower and incentivize a decentralized community building at the forefront of web3.
ApeCoin holders govern themselves via the decentralized governance framework controlling the ApeCoin DAO, and vote on how the ApeCoin DAO Ecosystem Fund should be used. The APE Foundation administers proposals agreed upon by ApeCoin holders.
Technical Analysis:
The price is moving within a descending channel .
Now we can see a clear breakout from the pattern that can move the price higher again.
Targets on the chart!
Thank you and Good Luck!

