bullish

Aptos

Resistance

<p>Aptos (APT) continues to move strongly bullish with a 17% spike in the past day. This move started after it broke out from a price zone at around $5.77. The price has held its gains and is now hovering near $6.70, showing signs of momentum continuing to build.</p>
<h2 class="wp-block-heading" id="aptos-breaks-out-of-descending-channel">Aptos Breaks Out of Descending Channel</h2>
<p>Aptos (APT) has been trading within a descending channel for several months, consistently touching upper and lower trendlines. However, recent price action has seen a breakout from this pattern.&nbsp;</p>
<p>Crypto expert “@ZAYK Charts” on X suggested the breakout could signal the start of a 70-80% bullish wave. Right now, <a href="https://coinmarketcap.com/currencies/aptos/" target="_blank" rel="noopener noreferrer nofollow">Aptos is trading around $6.70</a>, but analysts project a potential rally to $10-$12, which aligns with the measured move after the breakout.</p>
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<p class="has-text-align-center"><em>Image Source:<a href="https://x.com/ZAYKCharts/status/1836772493752987715" target="_blank" rel="noopener noreferrer nofollow"> X/ZAYKCharts</a></em></p>
<p>For this bullish wave to continue, APT will need to maintain momentum, with confirmation likely coming from increased trading volume. A surge in volume would provide the validation traders look for when assessing the strength of such breakouts. Resistance levels at $10 and $12 will be critical in determining whether this rally will materialize.</p>
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<h2 class="wp-block-heading" id="fetch-fet-approaches-key-resistance">Fetch (FET) Approaches Key Resistance</h2>
<p>Fetch (FET) has also captured the attention of traders, particularly after breaking a multi-month downtrend, which has since led to a 14% price rally.&nbsp;</p>
<p>Rekt Capital, a crypto analyst on X with over 500k followers, noted that the breakout is significant and could set FET up for further gains. The token is now approaching a major resistance level around $1.779, a point where previous rallies have faced rejection.</p>
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   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24FET&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$FET</a> <br><br>FET has rallied +14% since being featured in yesterday's Altcoin newsletter<br><br>FET has broken its multi-month Downtrend, performed a decent retest attempt and looks poised to revisit the red Range High resistance over time<a href="https://twitter.com/hashtag/FET?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#FET</a> <a href="https://twitter.com/hashtag/fetch?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#fetch</a> <a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#BTC</a> <a href="https://t.co/ULi4MTiecZ" target="_blank" rel="noopener noreferrer nofollow">https://t.co/ULi4MTiecZ</a> <a href="https://t.co/PYlSR9yQZt" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/PYlSR9yQZt</a></p>— Rekt Capital (@rektcapital) <a href="https://twitter.com/rektcapital/status/1836763829675434057?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">September 19, 2024</a>
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<p>However, if FET manages to break this resistance, its next potential target lies in the $2.50 to $3.00 range, based on historical price action. Moreover, if it fails to overcome this hurdle,<a href="https://www.coingecko.com/en/coins/artificial-superintelligence-alliance" target="_blank" rel="noopener noreferrer nofollow"> the token</a> might retrace to support zones around $1.19 or even lower, toward $0.80.</p>
<p><strong><em>Read Also: <a href="https://captainaltcoin.com/analyst-warns-of-solanas-bearish-trend-will-sol-price-crash-to-80/" target="_blank" rel="noopener noreferrer nofollow">Analyst Warns of Solana’s Bearish Trend – Will SOL Price Crash to $80?</a></em></strong></p>
<h2 class="wp-block-heading" id="retests-and-resistance-levels-define-next-moves">Retests and Resistance Levels Define Next Moves</h2>
<p>APT and FET face critical price points in their respective charts. For Aptos, the breakout is promising, but it must clear resistance levels to sustain the upward trend.</p>
<p>Meanwhile, Fetch is positioned near a key resistance after a solid 14% rally, and its ability to break through could determine the magnitude of its next move.</p>
<p><strong><em>Read Also: <a href="https://captainaltcoin.com/dogwifhat-wif-and-pepe-prices-are-pumping-are-major-meme-coin-rallies-here/" target="_blank" rel="noopener noreferrer nofollow">Dogwifhat (WIF) and PEPE Prices Are Pumping: Are Major Meme Coin Rallies Here?</a></em></strong></p>
<p><em><strong>Follow us on <a href="https://x.com/CaptainAltcoin_" target="_blank" rel="noopener noreferrer nofollow">X (Twitter)</a>, <a href="https://coinmarketcap.com/community/profile/CaptainAltcoin/" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap </a>and <a href="https://www.binance.com/en/square/profile/captainaltcoin" target="_blank" rel="noopener noreferrer nofollow">Binance Square</a> for more daily crypto updates.<br>Get all our future calls by joining our <a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram group.</a></strong></em></p>
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<p>The post <a href="https://captainaltcoin.com/aptos-apt-breaks-out-but-can-it-rally-80-fet-price-approaches-key-resistance/" rel="noopener noreferrer nofollow">Aptos (APT) Breaks Out, But Can It Rally 80%? FET Price Approaches Key Resistance</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Aptos (APT) Breaks Out, But Can It Rally 80%? FET Price Approaches Key Resistance

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