- The trading volume of Aptos crypto has increased by 35% in the last 24 hours.
- In terms of market capitalization, Aptos ranks 28th in the cryptocurrency market.
- Investors seem keen to lift the APT price to the $10 mark.
On the larger timeframe, the Aptos (APT) price has been in a bullish trend since October and has jumped by 67%. The bullish trend was disturbed near the $11 hurdle and dropped by 14% in the next four days. The Aptos crypto price attempted again to surpass the last swing high but failed to sustain and further witnessed a bearish move.
In the short term, the APT price has been in a bullish trend. From the last week of December, the Aptos price has been declining by facing resistance from the trendline but continuously defending the 100-Day moving average which indicates the buyers’ presence.
The current market price of Aptos crypto is $9.04 which has declined by 1.42% in the past 24 hours. The market capitalization is $3.30 Billion and the 24-hour trading volume is $174.22 Million.
The circulating supply of Aptos is 364,755,946 APT and the fully diluted market cap is $9.81 Billion. The total supply of Aptos coins is 1,080,864,638 APT.
APT Crypto Price Has Formed Descending Triangle on 1-D Timeframe
On a daily time frame, the APT price has formed a descending triangle and currently, the Aptos price has risen to the trendline. The latest trend suggests that Aptos price may enter a negative trend in the coming sessions.
If the APT price fails to sustain the trendline and falls below the last candle’s low, the price may easily fall to the support level of $7.75. But, if the price fails to defend the 200-Day EMA and slips below the $7.75 mark, investors may lose profits.
If APT price manages to surpass the trendline with strong buying volume then buyers may easily lift the price to the resistance level of $11. But, if the buyers remain bullish and sustain the $11 hurdle, a positive breakout can be expected.
If the Aptos price consolidates near the $11 zone and gives a positive breakout with good volume, a bullish trend for the long term can be expected and a trend reversal can be seen.
APT Price Prediction FAQs
What is the Aptos price prediction today?
The APT crypto price is predicted to fall 2.50% to reach $8.97 by today.
What is the Aptos price forecast for tomorrow?
According to the technical chart, the Aptos price may lose 3.96% to reach $8.59 by tomorrow.
What is the APT price prediction for this week?
Based on our analysis, the Aptos price is forecasted to perform negatively. The price may melt to the $7.75 mark by the end of this week.
What is the current APT price prediction sentiment?
The current Aptos price prediction sentiment is neutral according to our technical analysis.
Conclusion
Based on the current market trends and technical analysis, it seems that the Aptos crypto price may continue to face short-term bearish pressure. However, if the price manages to surpass the $11 resistance level and the volume levels remain the same, a bullish trend should be expected in the long term.
Technical Levels
Resistance Levels: $10.00 & $11.00
Support Levels: $8.00 & $7.00
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.