🚀 APE’s price doubled this week, following ApeChain's launch and the start of APE staking. The token’s RSI hit 78, signaling strong buying pressure.

📉 Analysts Predict ApeCoin’s Future
Large holders are selling their APE. Wallets holding 1-10 million APE dropped from 175 to 166, indicating a lack of trust in the price rise, despite ApeChain's debut.

⚠️ RSI Warning
APE's RSI jumped from 35 to 78, suggesting the token might be overvalued. Many traders expect a price drop soon.

📊 Key Price Points
APE needs to break through $1.82 and $2.07 to keep rising, with support at $1.10 and $0.94. A drop below these levels could push APE down to $0.54.

💬 Future Price Predictions
Telegaon predicts APE’s average price in 2024 could be $2.05, with a max of $3.19. CoinCoidex, however, forecasts a 237.66% rise to $5.01 by January 2025. Analysts remain divided on APE’s future, with market data and investor moves favoring Telegaon’s cautious outlook.