Aptos Price Analysis 2/2: APT Price Surge by 9.41%

Read CRYPTONEWSLAND on google news

1. Aptos (APT) price has risen by 9.41% in the last 24 hours.
2. APT has established a support level of $15.66.
3. Bulls have dominated Aptos market in the last 24 hours.

In the last 24 hours, Aptos (APT) market has been trading in an optimistic nature where the bulls have dominated the market. Bull’s dominance has led to the prices of APT to surge by 9.41%, which has led to Aptos price hovering around $15.66 and $18.63 (support and resistance). At press time APT was exchanging hands at $18.19.

Due to the prevailing bull power in APT market cap has recorded an increase of 9.73% to $2,919,492,084 while the trading volume has increased by 47.88% to $1,354,310,846 in the last 24 hours.

On a 24-hour basis, the strong momentum in the APT market is represented by the 20-day Moving Average is higher than the 50-day Moving Average, indicating that the bullish trend in the Aptos market may continue in the coming hours. The current values for the 20-day and 50-day Moving Averages are 13.4417 and 7.8395, respectively.

A score of 77.52 on the Relative Strength Index (RSI) serves as a warning to investors because it has reached the overbought region and the market may soon notice a price reversal in the near term, implying that a bearish attitude may soon emerge in APT market in the hours ahead. This is also signaled by the RSI line moving below the signal line.

The Moving Average Convergence Divergence (MACD) indicator is above its signal line, indicating that bullish sentiment may prevail in the market in the hours ahead, and thus investors should have an optimistic perspective on the market. Furthermore, the formation of the trajectory histogram in the positive region indicates that bulls have dominated APT market, and this may continue for the foreseeable future.

It appears that the bullish momentum in Aptos price may continue in the coming hours as the Williams Percentage Range (William%R) indicator shows that APT is moving closer to the overbought (0) region. Currently, William’s %R is at -17.53, which is very close to the zero line, suggesting that this bullish movement may persist over the next few hours.

In conclusion, Aptos price analysis indicates that APT prices are in a bullish trend, and this might continue in the hours ahead.

Read Also :

• Aptos (APT) Price Prediction
• Aptos (APT) Price Prediction 2023: Is $20 EOY Price Possible?
• Aptos Risk 70% – 80% Drop. Act Now Before Its Too Late
• The Rise and Fall of Aptos: Will APT Price Recover?
• Koreans on Aptos Buying Spree Amid 130% Price Surge

Disclaimer: Everything presented in this price forecast, including any and all thoughts and opinions expressed, is done so in good faith. Research and due diligence are the responsibility of the reader. CryptoNewsLand and its affiliates are not responsible for any direct or indirect harm or loss that may occur as a result of any decision made by the reader.