ApeCoin, MANA, Fantom Price Analysis: 21 April

ambcrypto.com:

With Bitcoin regaining a position above its near-term EMAs, ApeCoin, and Fantom displayed a slight bullish edge on their 4-hour RSIs. Similarly, MANA broke out of its falling wedge while entering into a tight-neutral phase. But the overall trading volumes of these cryptos continued to stand weak at the time of writing.

Source: TradingView, APE/USDT

APE experienced an exponential surge after the buyers recouped at $10.98. This resurgence fetched the alt a gain of nearly 60% over the last three days toward the $16.7-mark. This retrieval phase marked a rising wedge (white) on the 4-hour chart.

As the price approached the ‘expensive’ territory on the Bollinger Bands (BB), the sellers quickly propelled a patterned breakdown at the $14-mark. While buying pressure eases, APE could head into a low volatility phase which could further be reflected in its BB.

At press time, APE traded at $14.84. The Relative Strength Index devalued after an expected reversal from the overbought region. Continued retracements from here could find a support range near the 50-55 range. On the other hand, the OBV managed to make higher troughs. So, any revival from its immediate support could confirm a bullish divergence with price.

Source: TradingView, MANA/USDT

For over 10 weeks, MANA saw a gradual growth on its 4-hour troughs whilst marking a trendline support (now resistance) (white, dashed). But the bears didn’t tag along with the bullish narrative as they kept pushing the peaks consistently below critical price points.

After losing its trendline support, MANA descended in a falling wedge (white) on its 4-chart. After an expected breakout, the price hovered around its 20/50 EMA, inviting a high volatility phase in the days to come.

At press time, MANA