Punks Exceeded $33M NFT Sales This Past Week – Is The NFT Season Back?
CryptoPunks Sales Surge: The CryptoPunks NFT collection has seen a significant increase in sales volume, reaching $33.8 million last week, driven by renewed interest in NFTs and high-profile transactions like the $5.15 million purchase of Punk #5577.
Rising Floor Price: The floor price for CryptoPunks has also surged to approximately 52 ETH ($203,450), reflecting growing demand and activity within the NFT market as it experiences a broader recovery.
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Technical Analysis for APE
Technical Sentiment Analysis for ApeCoin (APE) As of , ApeCoin (APE) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 1 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for APE stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, APE is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
ApeCoin (APE) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0596 | 0.0821 | 0.108 | 0.131 | 0.157 | 0.18 | 0.206 |
| Fibonacci | 0.0821 | 0.101 | 0.112 | 0.131 | 0.15 | 0.161 | 0.18 |
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