Aptos

Resistance

<ul class="list-ic vertical">
 <li><span>1</span> <a>The APT crypto price persists in extending gains and resembling bullishness.</a></li>
 <li><span>2</span> <a>The Buyers are accumulating the coin and are eyeing the $20 mark.</a></li>
</ul>
<p>The Aptos coin (APT) price has noted an uptick and surged by over 30% this week, replicating the bullishness on the charts. The APT token price persisted in extending the bull rally and has reached a bullish trajectory. Most altcoins have noted a down move this week, but the APT token is riding on a different path and is stretching the up move decisively.</p>
<p>At press time, the<a href="https://www.thecoinrepublic.com/2023/08/12/apt-price-prediction-2023-can-apt-coin-break-resistance-rise/" target="_blank" rel="noopener noreferrer nofollow"> APT coin </a>(APT) price was trading at $14.98 with an intraday gain of 15.12%, indicating buying momentum on the charts. It has a monthly return ratio of 58.90% and 83.40% on a yearly basis. The pair of APT/BTC is at 0.000219 BTC, and the market cap is $1.95 Billion. Analysts are bullish and suggest the Aptos price will continue to deliver the bullish rally and may reach the $20 mark soon.</p>
<h2 class="wp-block-heading" id="strong-aptos-apt-seems-in-hurry-can-bulls-maintain-their-dominance-strong"><strong>Aptos (APT) seems in Hurry; Can Bulls Maintain Their Dominance?</strong></h2> <iframe loading="lazy" title="Santiment Chart: Price (APT), Volume (APT)" width="1170" height="425" src="https://embed.santiment.net/chart?ps=aptos&amp;pt=APT&amp;df=2023-11-11T00%3A00%3A00.000Z&amp;dt=2024-03-16T18%3A29%3A59.312Z&amp;emcg=1&amp;emhwm=1&amp;wm=price_usd%3Bvolume_usd&amp;wax=0%3B1&amp;wc=%232e934a%3B%231b2f87&amp;ws=%7B%22interval%22%3A%221d%22%2C%22node%22%3A%22candle%22%7D%3B%7B%22node%22%3A%22line%22%7D" scrolling="no"></iframe>
<p>The chart shows that the buyers are looking aggressively and persist in accumulating the coin, resulting in a sharp, gigantic up move for the past weeks. This week, the coin price and trading volume noted an uptick resembling the bullishness. The price jumped over 30% and has reached $15, whereas the trading volume increased 300% to $608.73 million, suggesting a positive outlook for the upcoming sessions.</p>
<h2 class="wp-block-heading" id="strong-price-volatility-and-sentiment-analysis-strong"><strong>Price Volatility and Sentiment Analysis</strong></h2> <iframe loading="lazy" title="Santiment Chart: Price Volatility 1w (APT), Weighted sentiment (Total) (APT), RSI 7d (APT)" width="1170" height="425" src="https://embed.santiment.net/chart?ps=aptos&amp;pt=APT&amp;df=2023-11-23T00%3A00%3A00.000Z&amp;dt=2024-03-16T18%3A29%3A59.541Z&amp;emcg=1&amp;emhwm=1&amp;wm=price_volatility_1w%3Bsentiment_volume_consumed_total%3Brsi_7d&amp;wax=0%3B1%3B2&amp;wc=%23a23b3b%3B%233933b5%3B%2377b919&amp;ws=%7B%22interval%22%3A%221d%22%7D%3B%7B%22interval%22%3A%221d%22%7D%3B%7B%22interval%22%3A%227d%22%2C%22__appliedInterval%22%3Atrue%2C%22node%22%3A%22area%22%7D" scrolling="no"></iframe>
<p>This week, the price volatility bounced from the bottom, and a spike of over 180% was noted at 0.037. It indicates the rise in the trading activity, which resumes the price up move. The total weighted sentiment remained neutral and noted a steady move close to the midline at 0.021.&nbsp;</p>
<p>The Relative Strength Index (RSI) curve stayed in the overbought zone and rose toward 78, indicating a bullish outlook. Moreover, the technicals are favoring the bulls and suggesting that the coin still has an upside room to $20, which can be reached soon.</p>
<h3 class="wp-block-heading" id="strong-social-dominance-and-development-activity-overview-strong"><strong>Social Dominance and Development Activity Overview</strong></h3> <iframe loading="lazy" title="Santiment Chart: Social Dominance (APT), Twitter Followers 7d (APT), Development Activity (APT)" width="1170" height="425" src="https://embed.santiment.net/chart?ps=aptos&amp;pt=APT&amp;df=2023-11-23T00%3A00%3A00.000Z&amp;dt=2024-03-16T18%3A29%3A59.541Z&amp;emcg=1&amp;emhwm=1&amp;wm=social_dominance_total%3Btwitter_followers_7d%3Bdev_activity&amp;wax=0%3B1%3B2&amp;wc=%23283868%3B%23FFCB47%3B%238358FF&amp;ws=%7B%22interval%22%3A%221d%22%2C%22node%22%3A%22bar%22%7D%3B%7B%22interval%22%3A%221d%22%2C%22node%22%3A%22area%22%7D%3B%7B%22transform%22%3A%7B%22type%22%3A%22moving_average%22%2C%22movingAverageBase%22%3A42%7D%7D" scrolling="no"></iframe>
<p>Per the Santiment, the social dominance data remained steady and is witnessing a neutral overview on the charts. The development activity noted an increase of over 25% to 45.67, indicating positive investor interest. The Twitter followers data also signifies a consolidated action and remains at 231.</p>
<h4 class="wp-block-heading"><strong>What Do the Open Interest and Market Cap Suggest?</strong></h4> <iframe loading="lazy" title="Santiment Chart: Total Open Interest in USD (APT), Marketcap (APT)" width="1170" height="425" src="https://embed.santiment.net/chart?ps=aptos&amp;pt=APT&amp;df=2023-11-23T00%3A00%3A00.000Z&amp;dt=2024-03-16T18%3A29%3A59.541Z&amp;emcg=1&amp;emhwm=1&amp;wm=total_open_interest%3Bmarketcap_usd&amp;wax=0%3B1&amp;wc=%23FFCB47%3B%237c3939&amp;ws=%3B%7B%22node%22%3A%22area%22%7D" scrolling="no"></iframe>
<p>The derivative segment replicating the long build-up activity and the open interest noted an increase of over 34% to $195.10 million.</p>
<p>Following the uptick in the coin price, the market cap persisted in increasing and rose to $1.91 billion.</p>
<p>The total supply of the APT coin is 1 billion, and the volume-to-market cap ratio is 0.317. The coin stands at 62 in the crypto market, per the market cap value globally.</p>
<h3 class="wp-block-heading" id="strong-summary-strong"><strong>Summary</strong></h3>
<p>The Aptos coin (APT) reveals a follow-on buying momentum, forming higher high swings for the past weeks. Furthermore, the trend is bullish, and further bounce is anticipated in the following sessions.</p>
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4>
<p><strong>Support Levels:</strong> $14.20 and $13.80</p>
<p><strong>Resistance Levels:</strong> $15.30 and $16</p>
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5>
<p>The views and opinions stated by the author or any other person named in this article are for informational purposes only and do not constitute financial, investment, or other advice.&nbsp;</p>

Aptos Delivering Bullish Waves; Can APT Reach $20 This Month?

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Thecoinrepublic.com

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