- The APT price is trading over the significant moving average, showcasing a bullish trend.
- Aptos crypto price has increased by approximately 100% in the past few months.
- The 24-hour trading volume has increased by 20%.
As per the chart, the Aptos (APT) crypto price has been bullish for the past few months. The price has witnessed slow and steady gains by defending the higher lows. The Aptos price was in a bullish trend, but it faced resistance from the $11 mark and fell by 14.80% in just four days. Again, the APT crypto price made another attempt to surpass the last swing high but sellers were strong enough to drag down the price.
Currently, the Aptos price indicates sellers’ dominance as it is declining by facing resistance from the trendline and is continuously unable to reach the lower highs and form new lower lows.
At the time of writing, the Aptos crypto price is trading at $9.09 with an intraday gain of 0.07%. The market capitalization of Aptos is $3.09 billion and according to the market cap, it ranks 30th in the cryptocurrency market. The fully diluted market cap is $9.83 billion.
The 14-hour trading volume of Aptos crypto is $122.50 million, a rise of 10%. The circulating supply of APT is 339,399,244 APT, and the total supply is 1,080,350,329 APT.
APT Crypto Price Has Formed Descending Triangle on 1-D Timeframe
The Aptos crypto price has formed a descending triangle. It is continuously defending the 100-day moving average level. Currently, the APT crypto price has risen to the trendline and formed a doji candlestick, which indicates that buyers are not strong.
If the APT price forms a bearish candlestick near the trendline and slips below the previous candle’s low, it may slip to the support level of $8. If the sellers become strong, fail to defend the $8, and drop below the 200-day moving average, investors may prefer to book profit, resulting in a sharp fall.
On the other hand, if the Aptos crypto price manages to surpass the trendline, buying momentum can be detected, and it may soon reclaim the higher level of $11. If the Aptos price regains the $11 mark, two scenarios can be expected: whether it holds and gives a breakout, which may lead to a long-term bullish trend or profit booking may be observed.
Aptos Price Prediction FAQs
What is the Aptos price prediction today?
The Aptos crypto price is forecasted to gain 0.00% and reach $9.08 by today.
What is the Aptos price prediction tomorrow?
According to our analysis, the APT price is forecasted to fall 2.35% to reach $8.86 by tomorrow.
What is the APT price prediction for this week?
Based on our technical analysis, the Aptos price may perform negatively and is expected to fall to the $8 mark by this week.
What is the current Aptos price sentiment?
According to our technical analysis, the current APT price prediction sentiment is neutral.
Conclusion
Based on the technical analysis, the Aptos (APT) crypto price has been in a bullish trend for the past few months, but currently, it indicates sellers’ dominance. The price has formed a descending triangle and is continuously defending the 100-day moving average. If the Aptos price falls below the support level of $8, it may result in a sharp fall.
Technical Levels
Resistance levels: $10.00 & $11.00
Support level: $8.00 & $6.80
Disclaimer
Investing in cryptocurrencies and other Initial Coin Offerings (“ICOs”) is especially volatile and speculative, and this article does not advise investing in cryptocurrencies or other ICOs. Since everyone is unique, a certified professional should be continually consulted before making any economic decisions.