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Aptos Price Soars 7% in a Week as Analyst Predicts a Strong Rally to $100 Mark

Highlights:

  • Aptos price has surged 1% to $ 6.51, and the trading volume has spiked 27%.
  • Crypto analysts highlight a potential rally to $100 if APT breaks above $15.
  • A successful breach of $8.79 could open the door for a rally toward the $14.89 resistance, representing a 169% gain.

The Aptos price has soared 1% today to trade at $6.51 amid a broader crypto market recovery. The daily trading volume has also spiked 27% to $468 million, indicating intense market activity. APT is now 7% in a week, despite a fall of 22% in a month and 33% in a year. 

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Meanwhile, a crypto analyst has highlighted via X that Aptos is poised for a rally to $100. This is because Aptos’s price has bounced off the same support for the third time in the past two years. Resistance is capped at nearly $13, so APT is bound to test that for an almost 2x move. The analyst said that if the APT price breaks above $15, the upside potential would be at $100. 

APT Statistical Data

Based on CoinmarketCap data:

  • APT price now – $6.51
  • Trading volume (24h) – $468.49 million
  • Market cap – $3.89 billion
  • Total supply – 1.14 billion
  • Circulating supply – 587.69 million
  • APT ranking – #31

The Aptos price shows signs of a potential recovery, trading at $6.51. The token currently trades below the moving averages as it consolidates within the falling parallel channel.

If the bulls regain dominance, they may push prices toward the first resistance at $7.72. Breaching this level could unlock further gains, with the next resistance at $8.79 and a more ambitious target at $11.17. However, failure to sustain bullish momentum could cause Aptos to face a pullback.

On the downside, the death cross in the market reinforces the bearish grip. This is usually manifested when the long-term MA crosses above the short-term MA. Should broader market sentiment deteriorate, APT could breach the retest of the $5.56 support level. Given these dynamics, traders might watch for confirmation signals from the RSI before entering positions. 

Aptos price
APT/USD 1-day chart: DexTools.io

Can Aptos Price Rebound and Push Toward the $8.79 Mark?

Aptos shows signs of renewed bullish momentum, with technical indicators hinting at a possible $8 resistance level retest. If buying pressure continues to build, supported by increased trading volume and improving market sentiment, APT could break through key resistance zones. 

A sustained move above current levels would likely attract more investors, potentially triggering a rally toward the psychological $8.79 mark. However, maintaining this upward trajectory will depend on broader market conditions and whether Aptos’s price can hold above the $7.72 resistance level.

The northbound Relative Strength Index (RSI) is at 48.16, hovering around the neutral level. This suggests that the price of APT is neither overbought nor oversold, providing room for further upside if bullish momentum strengthens. The MACD indicator also upholds a buy signal. This is manifested as the blue MACD line crossing above the orange signal line, calling for traders to rally behind the Aptos price.

Meanwhile, the APT price is currently at a critical juncture. If the breakout from the descending parallel channel is confirmed and the Aptos price moves above $7.72 (50-day SMA), it could target $8.79 (200-day SMA) as the next resistance. A successful breach of this level could then open the door for a rally toward the $14.89 resistance, representing a 169% upside from the current price.

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