APTOS : Technical Outlook of APTUSDT Aptos Overview:
Cryptocurrency: Aptos (APT)
Current Price: $7.79
Recent Change: -4.79% in the last 24 hours
Last Week's Price: $8.41
All-Time High: $19.92 (January 2023)
Future Predictions:
Best-Case Scenario (2024): $12.65
Worst-Case Scenario (2024): $6.23
Predicted Price (February 2024): Average $9.08, Highest $9.71
Predicted Price (June 2024): Average $9.61, Highest $10.28
Market Activity:
Total Supply: $305 million
Market Cap: $2.37 billion
Trading Volume: 139.6 million
30-Day Change: +12.32%
Summary:
Current market sentiment suggests a potential future value between $9 to $12 in 2024.
Despite recent fluctuations (down by 4.79%), the 30-day trend shows an overall increase of 12.32%.
Total supply is $305 million, and the market cap stands at $2.37 billion.
In short, Aptos is a cryptocurrency with varying predictions for its future value, currently priced at $7.79. The market has seen ups and downs, but experts are optimistic about its potential growth to $9 to $12 in 2024.
Regards
APTUST trade ideas
APT/USDT Faces Resistance Due to Token Unlocking ?
In this technical analysis, we will focus on APT/USDT, a prominent cryptocurrency pair.
Traders and investors should closely monitor these factors for potential trading opportunities.
Resistance Area at 7.7-7.9 due to Token Unlocking:
APT/USDT is currently facing a strong resistance area between 7.7-7.9, primarily due to an impending token unlocking event.
Token unlockings often introduce additional supply into the market, potentially causing downward pressure on the price.
Expected Price Dip towards 5.5-5.75 Levels:
Considering the bearish effects of the token unlocking event, there is a possibility of a price dip in APT/USDT. We anticipate the price to decline towards the range of 5.5-5.75 levels. Traders aiming for short-term profits can consider setting their take-profit targets within this range.
Bearish Event: Unlocking of Tokens:
The unlocking of tokens in APT/USDT is regarded as a bearish event due to the potential impact on supply and demand dynamics.
With additional tokens becoming available in the market, selling pressure may increase, potentially leading to a temporary price decline. Traders and investors should be aware of this bearish event and adjust their strategies accordingly.
Conclusion:
In conclusion, the technical analysis of APT/USDT suggests the presence of a strong resistance area due to an upcoming token unlocking event. Traders should exercise caution within the range of 7.7-7.9, as the unlocking may exert bearish pressure on the price.
An expected price dip towards the 5.5-5.75 levels presents potential short-term trading opportunities.
Title: APT/USDT Technical AnalysisTitle: APT/USDT Technical Analysis: Strong Support, Increasing Buying Pressure, and Bullish Breakout Suggest Potential Price Bounce ?
APT/USDT is currently positioned at a crucial support level, showcasing the strength of 7.6-7.8 as it acts as a support-resistance flip.
Previously a resistance area, it has now transitioned into a solid support level. This shift in market sentiment reflects the increasing buying pressure and the buyers' determination to defend this level.
Based on our technical analysis, there is an optimistic expectation for the price of APT/USDT to experience a bounce in the near future. The strong support at 7.6-7.8 indicates a favorable environment for buyers to regain control.
Furthermore, recent market developments have shown a bullish breakout above the critical range of 7.6-7.8. This breakout signifies that buyers have successfully reclaimed the area and gained dominance over the sellers.
If the bullish momentum continues, and the breakout is confirmed, it is likely to attract additional buying interest, potentially pushing the price toward the target range of 10-11.
APT moves in FALLING Wedge PatternAPT 1-day Chart Analysis
As per daily basis chart Analysis of APTOS is moving into Falling Wedge Pattern, from January after launching of this Token, means continue in Downtrend, but as par falling wedge bullish signals, after July it will be start moving again in Bullish mode, before that it will goes under Bearish Zone in July with Last Lower-Low Cut-off point at $3.8 to $4.2 approx.
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Trade Wisely with using of #StopLoss always.
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APT/USDT Set to Skyrocket?!!👀 TRU Today Analysis💎 Paradisers, take note! APT/USDT is currently nestled in a robust support zone, signaling a considerable level of buying interest in the market.
💎 Moreover, it has found a foothold at the lower boundary of a clearly defined channel, hinting at a possible price rebound.
💎 The intersection of these support levels amplifies the probability of a bullish move on the horizon.
💎 Traders and investors should keep a close eye on the price action as it nears the support zone and the lower boundary of the channel.
💎 A surge above these levels, backed by sustained buying pressure, could act as a bullish confirmation and spark a significant upward move.
💎 It's crucial to keep a close watch on the price movement and volume dynamics to assess the strength of the potential upswing.
💎 Market participants should consider setting suitable entry and exit points, as well as risk management strategies, to take advantage of the potential opportunity.
💎 As always, it's advisable to conduct thorough research and analysis, and consult with financial professionals, before making any investment decisions. Stay tuned, Paradisers!
APTOS CRYPTO APTOS is currently trading at 8.17$. I do not see a trend or structure which draws me buy attention to this. The project is good and has a good use case and the team is super strong as well but from a technical perspective, there's nothing much interesting to play out from a bullish view. Yes, for those who wanna short this, I would recommend it's better to wait because the chances are quite high for us to a relief rally.
Aptos has a huge bullish Order Block at 3-3,2$.
Accumulation Zone - 3-5.5.8$.
Overall View - I am bullish on this from a long-term perspective.
To execute a buy order it's better to wait.
APTUSDT slight high and then shortAPTUSDT is currently in abc pattern in downside. If previous high is not broken then there are very high chances that it will start coming down. I am personally not taking any positions in this right now but will enter in right time for sure. Keep watching this one. Happy Trading.
"Learn with Nikhil"
Possible APT Trend PathAPT is trading in a falling wedge which is a Bullish Pattern
I am expecting APT to form a head and shoulder along with the falling wedge
APTOS, let it build.APT, Huge airdrop just like UNI gave its airdrop in 2020, APT recreates the sme feels in 2022.
We will be looking in 1hr and 4hr TFs as its a recent listing.
The upper downtrend line is in 1Hr and the lower downtrend line is in 4Hr.
The best support range in this chart lies around sub 7$ ( upto 3% till 6.80$).
Let it build, will take a position soon.
In my opinion, APT is a little beast fundamentally which must give a decent 3-5x in upcoming months if BTC fanges sideways or is not bearish.
Head and shoulder Breakout confirmed long now as this is a clear H&S pattern
lets go lets go lets go