Apex Protocol Buyback $1.5M Fuel $APEX Coin Price Surge or Drop?

APEX Coin Price Surge and Drop Target After Apex Protocol BuyBack News

Have you ever wondered how an assets buyback could trigger the price rally? Well here’s what happened in the crypto market today: Apex Protocol Buyback $1.5M has triggered a $APEX Coin Price Surge, but then immediately crashed, and traders are curious where the token could go next. 

The best part? The tokens bought back are locked for 3 years, and future buybacks will happen weekly on random days. This makes sure the market stays fair and stable. Let’s break everything down step by step and do the price prediction.

Apex Protocol Price Rise-Fall Today: $1.5 Million Buyback

The team behind the project Gorilla Bid Fund used money collected from fees to buy back $1.5 million worth of tokens. This has triggered huge buzz in the $APEX coin news today, because this is not just a small move—it’s a big step showing the team’s commitment towards its long term vision.

Why is this important?

1. Apex Protocol Buyback reduces the number of tokens in the market. Fewer tokens = Increased price.

2. It shows the team cares about investors.

3. The tokens are locked for 3 years, meaning nobody can sell them immediately. 

Being a crypto analyst I have seen major token crashes when there's panic selling, that’s what happened here, old traders booked profit, and new ones entered, so with sudden changes in a short period of time trigger coin drop after surging high, but it will recover soon.

This buy back programme has created confidence among investors and is one reason for the today's surge, but now let’s understand why the asset crashed.

What Does Technical Chart Suggest After Buyback News

After this latest news, the $APEX price dropped, but it first showed bullish momentum, went up by 5.55%, reaching $1.95. At the same time, the 24-hour trading volume increased to $77.65 million, which shows a lot of traders have been involved with the token recently.

Before this move, the token had bounced back from the $1.40–$1.50 low support zone, and traders are now looking at the resistance level at $2.00–$2.05. 

If the asset breaks this resistance zone, then the coin drop could aim higher, hitting an ATH soon.

Note: The buyback directly affects these levels. By reducing supply, it strengthens support and makes breaking resistance more possible. This is why this surge and crash both are connected to the buy back event.

Experts Signal High Apex Protocol Price Prediction

As per TradingView hourly chart analysis, the asset is recovering from the recent low. In the short term, the price may move between $1.90 and $2.00.

Over the next few days, the token may consolidate between $1.90–$2.05, using $1.80 support as a base. If the upward trend continues, it could target $2.20–$2.30.

As per top crypto currency analysts like Crypto Monkey and more, In the long term, it could reach $3.20 but only if the support claws back to $2.25. 

This shows how the price prediction, technical USD chart, and market confidence all work together to affect the price momentum.

Final Thoughts

The $1.5M buyback has already triggered $APEX coin price surge and fall, and top crypto analyst price targets show more growth could follow in the near future. Locked tokens, weekly buybacks, and strong support make it an interesting asset for both short-term and long-term holders.

Disclaimer: This article is for informational purposes only, and does not support any investment advice. Traders are requested to always do their own research before investing to avoid market volatility.