$APE
As APE, the native governance token of the Yuga Labs ecosystem, recently announced that Otherside’s metaverse has officially opened minting for the third batch of land, on-chain APE staking has been rising for 5 consecutive weeks. After half a year of quiet ecosystem narratives, there is finally tangible progress. On the technical front, the price has been forming a bottom around 0.155 for two weeks. Now, with increased volume, it has regained the short-term moving average, and the bottoming signal is very clear. The outlook is bullish. Enter at the current price of 0.1594. First target: 0.21. Stop loss: 0.148. Once a long-established blue-chip token meets a new narrative, its upside potential will be much greater than that of new coins.
As APE, the native governance token of the Yuga Labs ecosystem, recently announced that Otherside’s metaverse has officially opened minting for the third batch of land, on-chain APE staking has been rising for 5 consecutive weeks. After half a year of quiet ecosystem narratives, there is finally tangible progress. On the technical front, the price has been forming a bottom around 0.155 for two weeks. Now, with increased volume, it has regained the short-term moving average, and the bottoming signal is very clear. The outlook is bullish. Enter at the current price of 0.1594. First target: 0.21. Stop loss: 0.148. Once a long-established blue-chip token meets a new narrative, its upside potential will be much greater than that of new coins.