Amid the new year rally in the crypto market, Metaverse tokens have shown higher gains than the rest of the market. Furthermore, the sustained rally in most of the target tokens has breached their respective crucial resistance zone, which could offer long entry opportunities for interested traders. Today we will be looking at some tokens from this category on their daily time frame chart.

apecoin

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In the past two months, the Apecoin price showed the formation of a symmetrical triangle pattern. The pattern’s two converging trend lines had temporarily limited the growth of this metacoin as the broader market was struggling with uncertainty.

On January 5th, the APE price broke out of the pattern’s resistance trend line, suggesting that…