aptos ( APT), Bitcoin ( BTC), keeping up with the revived crypto market with 40 percentIt has risen close to .
The cryptocurrency market has been on the rise since the beginning of the year. Leading cryptocurrency bitcoin The upward trend that started with the altcoins brought resistance breakdowns with it. Many altcoins have managed to break the long-standing downtrend. One of these altcoins, Aptos, lived yesterday. 44 percent Its rise continues today. Popular cryptocurrency APT, day 33 percentIt’s on a rise of .
Why Is Aptos Rising?
One of the most popular crypto money projects of recent times, Aptos ( APT), has seen an increase of about 66 percent since the beginning of the year.
aptos came to the fore with project developments and ecosystem expansion. The project, which launched a mainnet late last year, managed to create a crypto community in a short time. APTAlthough it leaves a question mark about the supply, the appetite of crypto investors has increased day by day.
in current data aptos There is no market development for The project has yet to undertake any work other than marketing and ecosystem enhancements. However, this rise paralleled the rise of the overall cryptocurrency market. The upward trend that started with Bitcoin, APTwas also included.
Aptos Chart Analysis, Will APT Continue to Rise?
Ethereumscaling and Layer-2protocol Aptos ( APT), continues its upward trend during the day.
Two days ago, it started to rise, accompanying the general market movement. APT became the choice of whales yesterday evening. Popular cryptocurrency, despite its current market capitalization volatileexperienced a rise.
The intensification of the uptrend on the APT side was realized by breaking the resistance points. According to the latest data, the crypto currency has managed to maintain persistence above the resistance points it has broken.
APT managed to evaluate the rise of the cryptocurrency market. Popular project on the market FOMOIt continues its progress by overcoming the resistance points by taking the process behind it.
APT, yesterday evening $4.18 It managed to plant a strong candle by breaking the resistance point at the level. The process following the volume increase and whale entries made the popular cryptocurrency the next resistance point. for $4.94 carried it. Last night around 6 pm $4.94exceeding the resistance APT succeeded in establishing permanence around this region. Although in an uptrend $5.42It experienced a pullback by pinning the resistance at the level.
APTto maintain its permanence in this region and $5.42 If it breaks the resistance, it can continue its rise. If it manages to hold above $5.42, it could make a move to the next resistance level at $6. APT, which gained strength by supporting the $4.94 level several times yesterday evening, managed to consolidate this region.
But on the other hand, APT There may also be bearish signals. The inflated price and charts of the cryptocurrency market may create the need for a correction. Correcting APT might try to gain strength from the $4.94 support zone. The loss of this support point means that APT $4.18can get him to visit his support.
In case of a possible support breakdown and loss of power, APTmost important support area for $3.78 may level. This region displays an image that is hard to lose unless there is a trend change.
Looking at all these data, it should be noted that the cryptocurrency market is turbulent and a trend change may occur for any reason.