Time to go through the price analysis of ApeCoin (APE) and Synthetix (SNX), and see how much they have grown in the past 24-hours. Let us see how ApeCoin and Synthetix may perform in the upcoming days.
ApeCoin (APE)
ApeCoin currently exists as one of the top cryptocurrencies in the entire crypto-verse. Surprisingly, while most of the major cryptocurrencies are not able to perform well, ApeCoin has recorded a 22.76% price elevation in the past 24-hours. At the time of writing, the price of ApeCoin is hovering at $16.34 per APE.
The summary scale for ApeCoin suggests that the current sentiments of the investors are strongly bullish. The report shows that over 64% of investors are willing to buy ApeCoin and only a few investors are willing to sell it.
The moving averages for ApeCoin are also pointing toward the strong buying sentiments and the oscillators are indicating “buy” sentiments of the investors.
The relative strength index for ApeCoin is also at 69.5289, which indicates a strong bullish zone, and it may continue rising if the rally persists.
With almost every technical factor going in favor of ApeCoin, its price may continue surging tremendously. The data predicts that the price of ApeCoin may grow up to a high of $26.20 per APE. As the momentum keeps growing in favor of the bullish trend of ApeCoin, its price may grow up to a high of $33.85 per APE.
At this point, more investors may start joining the strong bullish trend, and continue acquiring more ApeCoin. As a result, the demand for ApeCoin may continue rising, alongside its trading volume.
As the trend line for ApeCoin continues traveling in the strong bullish zone and keeps ascending, the price of ApeCoin may surge to $40.60 per APE.
Synthetix (SNX)
Synthetix (SNX) is also among the strong performers as it has experienced a substantial (12.04%) surge in the past 24-hours. At the time of writing, the trading price of Synthetix is at a high of $6.38 per SNX.
At present, the summary scale for Synthetix is indicating “buying” sentiments for the digital asset. The moving averages and the oscillators are also favoring the bullish trend. As for the RSI, it is currently hovering at 59.099 and it is expected to grow higher into the bullish zone in the upcoming days.
As the momentum for Synthetix continues to grow stronger, the trading price for Synthetix may surge tremendously. This would result in pushing the price of Synthetix to a high of $8.938 per SNX.
As the buying power of the investors keeps on growing, more investors may join the cause and continue supporting the bullish trend. This would result in pushing the price of Synthetix to $12.53 per SNX.