The key you use to sign apks is just one file, and you can treat it like any other file.
You can copy it, rename, move it, etc. without any problems if you point to a new location when signing up next time.
For example, my key file is called key.keystore. I created it in my home directory, but after updating from the desktop to macbook pro I just copied it to my new system. No need to copy the entire directory. Only a key file is required, in your case a signingkey file.
The next time you want to create a release version, just provide a new signingkey location and enter the password and alias that you used before.
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