APE climbs to 2-month high, after rising by 15% on Wednesday.
Uniswap was another big mover on Wednesday, as the token climbed by as much as 14%. Overall, the global crypto market cap is trading 2.79% higher as of writing.Apecoin was one of today’s notable tokens to surge, as global crypto markets were back in the green.
The move sees APE once again break out of its long-term resistance level at $7.10, which has been held since May 25.Wednesday high sees the token recapture those highs, with bulls now hoping to sustain this most recent break, unlike the moves this past weekend. In order for bullish momentum to continue into the remainder of the week, we will need to see APE break out of this ceiling.Like APE, uniswap also rose today, with prices nearing their highest point in over two months, following an earlier price surge.
This rally saw UNI/USD move towards last Thursday’s high of $9.85, which is the highest point the token has traded at since April 15.However, in order to recapture this high, UNI must break out of an interim resistance level of $9.40, which it has so far failed to achieve today.
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