- Aptos has broken the floor of a short-term downward trend channel. This initially indicates a slower descent or the beginning of a more horizontal development.
- APT managed to break through the resistance at 5.56. The RSI is diverging positively from the price, indicating a possibility of an upward response.
- APT has support at the 5.10 level and resistance at 6.00. A definite breakthrough of one of these levels predicts a new direction. The volume has been high at price peaks and low at price lows.
In our current Aptos (APT) analysis, we evaluated short, medium, and long-term views! APT coin needs to break a critical resistance to continue rising.
Short-Term APT Analysis
Aptos has broken the floor of a short-term downward trend channel. This initially indicates a slower descent or the beginning of a more horizontal development. After breaking the support level at 6.58, the price experienced a strong decline following the negative signal of the rectangular formation. Although the target at 5.72 has already been met, the formation suggests further development in the same direction.
APT managed to break through the resistance at 5.56. The RSI is diverging positively from the price, indicating a possibility of an upward response. The RSI curve shows an upward trend, which could be an early signal of a rising trend for the price. In the short term, APT is technically considered slightly negative overall.
Medium-Term APT Analysis
Investors have accepted lower prices over time for Aptos, and APT is in a medium-term downward trend channel. Falling trends indicate a negative development for APT and a decrease in buying interest among investors. However, the price recently broke a resistance level in the short term, signaling a positive signal for short-term trading.
APT has support at the 5.10 level and resistance at 6.00. A definite breakthrough of one of these levels predicts a new direction. The volume has been high at price peaks and low at price lows. This weakens the downward trend and could be an early signal of a trend reversal. The RSI is diverging positively from the price, indicating a possibility of an upward response. In the medium term, APT is technically considered generally neutral.
Long-Term APT Analysis
Aptos shows weak development in a long-term downward trend channel. This indicates increasing pessimism among investors and the potential for further decline for Aptos. APT broke down the support at 6.00, suggesting further decline. In the case of positive reactions, there will now be resistance at the 6.00 level. In the long term, APT is technically considered generally negative.
Aptos (APT) Price
Today’s Aptos price is 5.69 USD with a 24-hour trading volume of 500,930,800 USD. APT Aptos has risen by more than 10% in the last 24 hours. Its current CoinMarketCap ranking is 34th, with a live market cap of 1,306,427,272 USD. There are 236,844,277 APT coins in circulation.
Summary
Aptos (APT) analysis evaluates short, medium, and long-term views. Short-term analysis indicates that the currency is technically considered slightly negative overall. Medium-term analysis shows that it has broken the floor of the downward trend, giving a positive signal for the short-term trading range. Long-term analysis indicates that the currency is technically considered generally negative. These analyses can help APT investors understand potential price movements in the future.
