ApeCoin, Solana & Cardano — Asian Wrap 28 Apr

ApeCoin price is still headed north, but the technicals should be analyzed thoroughly to maximize potential profit. ApeCoin price is currently trading at $19,80. Traders should expect a slight pull back into the $19.40 zone before an additional run-up towards $23. 


Solana price could fall towards $80 to grab liquidity as the bulls have yet to show any interest in the $97 price levels. To create a climatic downslide, market makers could entice traders to open long positions in the coming weeks. Solana price is currently trading at $97 and coiling into a wedge-like pattern.


Cardano price continues the downslide path as the bears have printed a bearish engulfing through a significant Fibonacci level. Bulls still involved are at high risk for a “sweep the lows” capitulation event. Cardano price is disappointing traders this week as the price action continues to see bearish force.