Aptos’ APT Token Gains Momentum as Market Rebounds and Support Holds Firm
Aptos’ APT token is gaining traction, rallying alongside the broader crypto market and signaling strength as it holds key support levels that could pave the way for further upside.
Data from CoinDesk Research’s technical model shows APT bouncing from a recent low of $3.84 to reach a high of $4.08, reflecting an 8.85% price move. A solid support zone has emerged between $3.87 and $3.89, backed by strong trading volume—a sign that buyers are actively stepping in to defend those levels.
At last check, APT was trading at about $4.096, representing a 6.6% increase over the past 24 hours. Meanwhile, the CoinDesk 20 Index posted a 5.3% gain during the same timeframe, mirroring the broader market’s recovery.
Technical Insights:
- A sturdy support range between $3.87 and $3.89 is confirmed by heightened trading activity.
- A potential ascending channel is forming, with higher lows observed at $4.012, $4.025, and $4.035.
- Resistance sits between $4.08 and $4.10, a zone that has faced repeated tests and persistent buying interest.
- Price consolidation between $4.070 and $4.090 suggests accumulation, hinting at another potential push higher.
With renewed momentum in the crypto space, traders are watching APT closely as it looks poised for further gains if bullish signals continue to hold.
