The version of apacite currently available on CTAN (v6.03 2013/07/21) implements the requirements of the 6th edition of the APA manual. I am not aware of any BibTeX implementation of 7th-ed. APA style. You can of course try and contact the author of apacite about that and ask for 7th-ed. APA style as a feature request.
For the time being biblatex-apa is the only implementation of 7th-ed. APA citation and bibliography style that I know of. Note that you need at least version 9.0 (released 2019-11-23) of biblatex-apa.
Since biblatex-apa is biblatex-based, you will have to apply some changes to your document, see What to do to switch to biblatex?. In particular a document using biblatex-apa must be compiled with Biber instead of BibTeX (some background is at bibtex vs. biber and biblatex vs. natbib and Question mark or bold citation key instead of citation number), so you may have to reconfigure your editor: Biblatex with Biber: Configuring my editor to avoid undefined citations.
\documentclass[american]{article}
\usepackage[T1]{fontenc}
\usepackage[utf8]{inputenc}
\usepackage{babel}
\usepackage{csquotes}
\usepackage[style=apa, backend=biber]{biblatex}
\addbibresource{biblatex-examples.bib}
\begin{document}
Lorem \autocite{sigfridsson,worman,nussbaum,geer}
\printbibliography
\end{document}

biblatex-apa users who want to go back to 6th-ed. APA style will be interested in biblatex-apa6. The only change necessary is to go from style=apa, to style=apa6,.
apacitehas been updated to reflect the APA 7th edition, butbiblatex-apahas been. – Alan Munn Feb 08 '20 at 04:44