Aptos’ APT Token Rises 6.6% Amidst Market Uptrend

Aptos' APT token has shown a price increase from $3.84 to $4.08, marking an 8.85% rise, as per CoinDesk Research's technical analysis.

Key points include:

  • Support zone established around $3.87-$3.89, confirmed by high-volume buying.
  • Formation of an ascending channel with higher lows at $4.012, $4.025, and $4.035.
  • Resistance identified at $4.08-$4.10, indicating bullish momentum.
  • Current consolidation between $4.070-$4.090 suggests potential accumulation prior to the next resistance test.

APT was trading at approximately $4.096, up 6.6% over the last 24 hours, while the broader market index, CoinDesk 20, rose by 5.3% at the same time.