Token

Aptos

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/investors-closely-monitor-token-unlock-events-in-the-crypto-market/" data-wpel-link="internal">Investors Closely Monitor Token Unlock Events in the Crypto Market</a><br></p>
<p class="p1" style="text-align: justify">In the <a href="https://en.coin-turk.com/investment-giant-offers-bitcoin-and-ethereum-services/" data-wpel-link="internal">cryptocurrency market</a>, one of the most closely watched <a href="https://newslinker.co/category/ai/" target="_blank" rel="noopener" data-wpel-link="exclude">data</a> points by <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">investors</a> is undoubtedly token unlock events. According to the Token Unlocks platform, $273.74 million worth of tokens will be unlocked next week. Tomorrow, the unlock event for Aptos’ native token APT, a popular blockchain network, is an event to watch closely.</p> 
<h2 class="p1" style="text-align: justify" id="aptos-unlock-event">Aptos Unlock Event</h2> 
<p class="p4" style="text-align: justify">According to data on the Token Unlocks platform, $274.74 billion worth of tokens will be unlocked in the cryptocurrency market next week, with the largest event being the $69.44 million unlock of Aptos’ native token APT.</p> 
<p class="p4" style="text-align: justify">The event, scheduled for tomorrow (July 12) at 17:00, will see the release of tokens amounting to 2.49% of the total APT token supply. As the event approaches, investors are eagerly waiting, and at the time of writing, the APT token was trading at $6.14. The APT token unlock event is the most valuable token unlock event of the week.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="aligncenter wp-image-369598 size-full" src="https://coin-turk.com/wp-content/uploads/2024/07/aptos-1.png" alt="" width="2649" height="1203"></p> 
<h2 class="p4" style="text-align: justify" id="apt-chart-analysis">APT Chart Analysis</h2> 
<p class="p4" style="text-align: justify">Trading at $19 on March 26, APT has lost nearly 70% of its value due to the recent downtrend. For APT, the most important resistance level currently is the EMA 9 average on the daily chart. The acceleration of the downtrend has prevented the formation of a healthy structure.</p> 
<p class="p4" style="text-align: justify">The most important support levels to watch on the daily chart for APT are $5.96 and $5.30. A daily bar close below $5.30 could create new selling pressure for APT. However, a double bottom at the $5.30 level could play a significant role in gaining momentum for the APT price.</p> 
<p class="p4" style="text-align: justify">The most important resistance levels to watch on the daily chart for APT are $6.55 and $7.44. A daily bar close above $7.44 would set the first target at the EMA 200 average of $9.92. Investors may also need to monitor the EMA 9 and EMA 21 levels during this period.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="aligncenter wp-image-369595 size-full" src="https://coin-turk.com/wp-content/uploads/2024/07/apt.png" alt="" width="2504" height="1156"></p> 
<ul class="Summary"> 
 <li>Investors closely watch token unlock events in the cryptocurrency market.</li> 
 <li>Aptos’ native token APT unlock event is the most valuable of the week.</li> 
 <li>Key support and resistance levels are crucial for APT’s price movement.</li> 
</ul> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/investors-closely-monitor-token-unlock-events-in-the-crypto-market/" data-wpel-link="internal">Investors Closely Monitor Token Unlock Events in the Crypto Market</a></h5>

Investors Closely Monitor Token Unlock Events in the Crypto Market

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