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  • apecoinApeCoin (APE) $ 0.639632
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Analytics

Aptos’ APT Gains 6% With High-Volume Buying Amidst Wider Crypto Market Bounce

By admin
0 12

Aptos' APT Gains 6% With High-Volume Buying Amidst Wider Crypto Market Bounce

Aptos’

APT$4.10 token started to bounce back with the wider crypto market, establishing a strong uptrend from $3.84 to $4.08, representing an 8.85% range, according to CoinDesk Research’s technical analysis model.

The model showed that a clear support zone for APT formed around $3.87-$3.89, validated by high-volume buying.

In recent trading, APT was 6.6% higher over 24 hours at around $4.096. The broader market gauge, the CoinDesk 20, was up 5.3% at publication time.

Technical Analysis:

  • Potentially strong support established at the $3.87-$3.89 zone with high-volume buying validation.
  • Possible ascending channel formation with progressively higher lows at $4.012, $4.025, and $4.035.
  • The resistance level was identified at $4.08-$4.10, and multiple tests suggested continued bullish pressure.
  • Consolidation between $4.070-$4.090 indicates potential accumulation before next resistance test.

Source

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