Crypto: Aptos On Its Way To Its ATH? Technical Analysis From October 17, 2024
Aptos shows a bullish acceleration since its last dip, rebounding by more than 146% in two months. Let’s examine the future prospects for the APT price.
Situation of Aptos (APT)
After diving towards $4.36, Aptos rebounded to reach a new peak around $7. The cryptocurrency then established a support zone around $5.5, which has been tested several times. Furthermore, it should be noted that this level was accompanied by a significant value area, thus demonstrating its importance. APT then relied on this support to break through its resistance and gradually reach new highs.
At the time of writing, the Aptos price is trading around $9.8. Its recent movements have thus enabled a bullish reversal of the short and…
