Aptos can be a good short term buy for small targets as the crypto is heading for a rebound.
In this article, we will look at Aptos Crypto next target by looking at price chart and technicals.
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Aptos Crypto Next Target
- Price: $12.50
- Market Capitalization: $2.5 billion
- 24-Hour Trading Volume: $150 million
- Circulating Supply: 200 million APT
- Total Supply: 1 billion APT
Price is in a Downtrend, however, it had a bullish breakout from Falling Wedge pattern, which could signal at least a temporary bullish trend reversal with upside potential to $7.50 resistance. Stop Loss at $4.70.
Technical Indicators
Relative Strength Index (RSI): 55, indicating neutral momentum.
Moving Averages
- 50-day SMA: $11.80
- 200-day SMA: $10.50
Trading Volume Trends: A 10% increase in 24-hour trading volume, suggesting growing investor interest.
Recent Developments
- Integration of Tokenized Treasuries: Anchorage Digital has expanded its support to include tokenized U.S. Treasuries on the Aptos blockchain.
- Global Expansion: The Aptos Foundation has established a new office in Abu Dhabi’s ADGM.
- Native USDT Support: Binance has added native USDT support on the Aptos blockchain, facilitating faster and more cost-effective transactions.
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