Analysis

Aptos APT Technical Analysis: What are the Key Support and Resistance Levels?

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APT
APT

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(02:37 AM UTC)
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Updated: August 21, 2023 at 02:59 PM UTC

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Bitcoin and cryptocurrencies are experiencing a downward movement today. Will APT coin continue to decline? Where are the important support and resistance levels for Aptos coin? We have shared our updated APT analysis with you.

Will APT Continue to Decline? Mid-Term Analysis!

APT/USDT Price Chart Source: TradingView
APT/USDT Price Chart Source: TradingView

When we examine the current price chart of Apt coin, it is located in an important support zone. APT is currently priced at $11.46. The nearest support for APT is at the $11.18 level.

If APT coin continues to close daily candles above the $11.18 level, an upward trend is expected as stated in the analysis.

Aptos (APT) may experience a downward movement to the support range of $10.49 – $10.10 if it closes daily candles below the $11.18 level.

As long as APT coin does not close daily candles below the blue box mentioned in the analysis, it is believed that it will continue its upward movement.

Short-Term APT Coin Analysis!

APT/USDT Price Chart Source: TradingView
APT/USDT Price Chart Source: TradingView

When we examine the price chart of Aptos (APT), it continues its movement in an important support zone. APT may start its upward movement after dropping to those levels to clear the liquidations at the yellow line (11.40$) mentioned in the analysis.

Aptos (APT) has its nearest support at the $11.18 level. If APT coin continues to close daily candles above this support level, it may continue its upward trend.

If APT coin falls below this support level, it may experience a downward movement to the lower support level of $10.50.

Crypto Vira

Crypto Vira

Alican is a young and dynamic individual at the age of 23, with a deep interest in space exploration, Elon Musk, and following in the footsteps of Atatürk. Alican is an expert in cryptocurrency, price action, and technical analysis. He has a passion for sharing his knowledge and experience through writing and aims to make a positive impact in the world of finance.
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