Crypto Analyst Predicts Waves (WAVES) And ApeCoin (APE) Price Will Correct

JAKARTA – In the midst of a bullish crypto market, the price movements of Waves (WAVES) and ApeCoin (APE) are in the spotlight. Crypto analyst Altcoin Sherpa informed his 171.500 Twitter followers that he saw both tokens of the Waves decentralized application platform corrected to over $20.

According to Daily Hodl, crypto strategist Altcoin Sherpa carefully predicts a deep decline for WAVES of around 32 percent. Furthermore, APE is an altcoin created for the non-fungible token (NFT) Bored Ape Yacht Club community. According to Altcoin Sherpa, APE could retrace to $9.50, which is about 17.5 percent below its current price.

“APE: Far from my position; would be willing to buy this one for much less. 8 US dollars or more. There should be a bounce at $9.50 likely a good entry.”

At the time of writing, the data report from Coingecko explained that Waves was trading at a price of IDR 405.420. WAVES has decreased by 17.7 percent in the last 24 hours. The all-time high price (ATH) of WAVES is at the level of IDR 879,812 which was recorded on March 31, 2022.

While APE is trading at IDR 157.390, its price performance has decreased by 10.2 percent in the last 24 hours. While in one week APE fell 19.1 percent. The NFT Bored Ape Yacht community token had its ATH at a price of IDR 246.394 on March 18, 2022.