and the distribution of digital products.
Buy Aptos at these levels for 30% Gains!
Aptos (APT) is a next-gen Layer 1 blockchain that aims to provide scalability, reliability, and upgradeability through its novel technology stack.
Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines.
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APTOS Crypto Price Analysis- Price: $7.56
- Market Cap: $1.05 billion
- 24h Trading Volume: $43.7 million
- Circulating Supply: 138.7 million APT
- Total Supply: 1 billion APT
Img src- Altfins
Price is trading in a Channel Up pattern and we look for the right entry opportunity in Uptrend.
We wait for price to either
1) break above $10 to signal continuation of uptrend, with +30% upside potential to $13 next
2) pull back near $7.50 support for another swing trade entry in Uptrend with +30% upside potential back to $10.
Buy Now Weekly Price Analysis- 7-day Price Change: +4.85%
- Weekly Open Price: $7.21
- Weekly High: $7.89
- Weekly Low: $6.98
- Trend: Short-term trend is Up, Medium-term trend is Strong Up, Long-term trend is Neutral.
- Momentum: Price is neither overbought nor oversold currently.
- Support and Resistance: Nearest Support Zone is $7.50. Nearest Resistance Zone is $10.00, then $13.00.
- RSI (Relative Strength Index): 58.3 (indicating neutral-to-slightly bullish momentum)
- MACD (Moving Average Convergence Divergence): Shows a bullish crossover, signaling a potential upward trend.
- Bollinger Bands: Price is trading close to the upper band, indicating potential overbought conditions.
Recent developments surrounding Aptos include:
- New Partnerships: Aptos has recently partnered with several DeFi protocols to enhance liquidity on its blockchain.
- Mainnet Updates: The development team has hinted at upcoming updates that will improve scalability and transaction throughput.
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