🚀 NewsBTC: $APT Surges 94% And Approaches All-Time Highs
Despite the recent price correction across the broader cryptocurrency market, Aptos’ APT token has been on an impressive uptrend since early March. Over the past 30 days, the token has surged by more than 94%, showcasing its strong performance.
Aptos has also gained recognition in crypto, climbing to the 23rd position among the largest cryptocurrencies by market capitalization. Currently valued at $7.3 billion, the token has experienced a substantial increase from the $4 billion recorded at the beginning of the month.
The trading volume of Aptos (APT) has seen a significant surge, reaching $542,531,437 in the last 24 hours, a notable 90.70% increase from the previous day, according to CoinGecko data.
Analyzing the daily APT/USD chart, no significant resistance levels are observed, indicating that reaching the $20 milestone may be within reach, which would mark a new all-time high for the token.
The sustainability of the bullish momentum and the ability of investors to hold on to their gains will play a key role in determining the coin’s future performance. Nevertheless, a possible retest of the next support level at $17.36 cannot be ruled out in the event of profit-taking and selling pressure.
If the $17.36 support level fails to hold, the next significant support level for APT is at $16.31. However, it is important to note that APT’s bullish structure remains intact as long as the $12.14 support level remains unbroken, suggesting that the bulls currently have the upper hand as long as a sharp 30% decline does not occur.
