The cryptocurrency market has recorded a change of 0.48% in the past 24 hours. However, Bitcoin price has retested its $96k level, following which top altcoins have experienced a significant pullback in their respective valuations.
On the other hand, by defying all the odds, the Aptos price has jumped by 13% in 24 hours. Following this, investors are curious about its short-term price analysis and are filled with questions concerning investing in it! In this article, we have uncovered the possible Aptos price analysis just for you!
APT Records A Strong Bullish Reversal!
The price of Aptos token has jumped by over 13% in 24 hours with a trading volume of $278.870 million, a change of +51.79%. Furthermore, it has surged 6.68% in the last seven days, highlighting an increase in the buying-over-selling pressure.
The Moving Average Convergence Divergence (MACD) shows a constant green histogram in the daily time frame. Further, the averages display a similar price trend in the Aptos price chart, suggesting a positive outlook in the upcoming time.
On the other hand, the EMA 50/200-day records a Death Cross in the 1D time frame. This inficates a rsiign uncertainty for the 33rd largest crypto token by market cap this week.
Will Aptos Price Rise Back Up?
If the market favors the bulls, the APT coin price could retest its immediate resistance level of $6.85. Moreover, if the bullish sentiment intensifies, this could push the price of Aptos token toward its upper resistance level of $9.25 this month.
Conversely, a trend reversal could pull the pricer of this altcoin toward its crucial support level of $5 in the coming time.
Are you one of many who are wondering about the long-term price targets of the APT cryptocurrency? Read our latest Aptos Price Prediction today to uncover the possible price prospects until 2030!
FAQs
Considering the present market sentiments, it is highly unlikely for this altcoin to achieve the target price of $100.
With increased adoption, the APT coin price may reach a maximum trading value of $60.13 by 2030.
With a 24-hour trading volume of $278.870 million, this altcoin is valued at $6.34.
