Token

Aptos

Resistance

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/investors-monitor-token-unlock-events" data-wpel-link="internal" rel="noopener noreferrer nofollow">Investors Monitor Token Unlock Events</a><br></p>
<p style="text-align: justify">In the cryptocurrency market, <a href="https://finance.coin-turk.com/" rel="noopener noreferrer nofollow" target="_blank" data-wpel-link="exclude">investors</a> are keenly observing <a href="https://en.bitcoinhaber.net/pepe-coin-draws-investor-attention" data-wpel-link="internal" rel="noopener noreferrer nofollow">token</a> unlock events, which can significantly impact token prices. According to Token Unlocks, a staggering $273.74 million worth of tokens will be unlocked next week. Among these, the unlock event for Aptos’ native token APT is highly anticipated.</p>
<h2 id="what-is-the-aptos-unlock-event">What Is the Aptos Unlock Event?</h2>
<p style="text-align: justify">Data reveals that Aptos will unlock $69.44 million worth of APT tokens tomorrow, marking the week’s largest unlock event. Scheduled for July 12 at 17:00, this release represents 2.49% of the total APT token supply. With the APT token trading at $6.14, investors are closely watching this event.</p>
<h2 id="how-will-apt-chart-react">How Will APT Chart React?</h2>
<p style="text-align: justify">APT’s price, which was $19 on March 26, has plummeted by nearly 70% due to a recent downtrend. The critical resistance level for APT is the EMA 9 average on the daily chart. The ongoing downtrend has hindered the establishment of a stable price structure.</p>
<p style="text-align: justify">Key support levels for APT include $5.96 and $5.30. A close below $5.30 could trigger new selling pressure, while a double bottom at this level might help APT gain momentum. Resistance levels to monitor are $6.55 and $7.44, with a close above $7.44 setting the next target at $9.92, the EMA 200 average.</p>
<h2 id="investor-insights">Investor Insights</h2>
<p style="text-align: justify">Investors should consider the following actionable insights:</p>
<ul style="text-align: justify">
 <li>Monitor the $69.44 million Aptos token unlock scheduled for July 12.</li>
 <li>Watch for key support levels at $5.96 and $5.30 for potential buying opportunities.</li>
 <li>Evaluate resistance levels at $6.55 and $7.44 to anticipate possible price movements.</li>
</ul>
<p style="text-align: justify">These insights can help investors navigate the volatile landscape of the cryptocurrency market and make informed decisions based on upcoming token unlock events.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/investors-monitor-token-unlock-events" data-wpel-link="internal" rel="noopener noreferrer nofollow">Investors Monitor Token Unlock Events</a></h5>

Investors Monitor Token Unlock Events

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BH NEWS

Alte articole publicate pe 11 iul. 2024

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