- APE investors are struggling as the token’s price now stands at $1.03 after reaching an all-time high of $39.40.
- A medium-term negative price channel had formed on APE’s daily chart.
- If traders identify APE’s current price as a buy opportunity, then it may retest the $1.298 mark.
Many investors feel dejected when looking at the current Apecoin (APE) price. One investor took to X yesterday sharing his own disappointment with the meme coin’s performance as he bought the token when it was worth $23.63. His holdings that totaled $35,445 are now worth only about $1,635.
I feel broken when I look at the price of ApeCoin… $1.09…Let me tell you all a story.
In April 2022 I convinced my wife to liquidate our son's college fund into ApeCoin.
We purchased 1,500 ApeCoin at $23.63, totaling $35,445.
Today, it's worth $1,635 and my wife left me
— Harrison (@PopPunkOnChain) October 9, 2023
According to CoinMarketCap, after APE reached its all-time high (ATH) price of $39.40 in March of 2022, the price of the altcoin has dropped by more than 97% to trade at its current value. At press time APE was worth $1.03 after its price fell by over 4% in the past 24 hours alon…
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