Aptos (APT) is currently preparing for a significant price move, supported by strong technical levels and positive on-chain data.
The cryptocurrency has shown strong resilience at critical support levels, which could trigger increased market interest and potential investment inflows.
“Markets are starting to warm up and the Aptos ecosystem is growing,” said renowned crypto analyst Michaël van de Poppe, setting a target of $16-$17 for APT.
Aptos is supporting bullish momentum with strong technical and on-chain indicators signaling a potential rally to $16-$17, with major resistance levels waiting to be broken.
Aptos (APT) has recently gained strength above the $10.70 level and is moving steadily higher. This level has been tested many times and has proven itself as a strong demand area. This stability is creating a solid foundation for a potential uptrend. The price recovery suggests that bullish momentum is strengthening and APT is forming higher lows, which is a sign of increasing buying interest.
The first resistance level that APT is facing is set at $13.27. This level was previously rejected, so it is a critical area where the bulls need to regain. If there is a successful break above $13.27, it could be an indication that the bullish momentum is strengthening and would be a step towards reaching targets between $16-$17, as analysts predict.
From a technical perspective, indicators are coming together to support APT’s bullish outlook. On the APT/USDT charts, the price is seen trading above the midpoint of the Bollinger Bands at $12.04, indicating increased volatility and ongoing buying pressure as the bands widen.
