The Aptos (APT) ecosystem has been showing robust activity both in technical indicators and on-chain metrics. Analysts are observing bullish signals in price movements, while notable tweets add context regarding growing adoption and liquidity. With Aptos recently flipping Base in Daily Active Users (DAU) and an increase in Total Value Locked (TVL), many believe the price of APT could enter a strong uptrend.
APT Technical Analysis: Strong Price Trends Signal Bullish Outlook
Aptos is trading within a rising channel on the APT/USDT chart, where two parallel trendlines are shaping the current price movement. The lower trendline, acting as dynamic support, sits around $10–11, while the upper resistance line is near $15–16.
Currently, the APT price hovers in the mid-to-upper zone of the channel, approximately $14.50. Analysts note the pattern of higher highs and higher lows, a hallmark of sustained bullish momentum. Projections from the chart indicate that a breakout above the upper resistance line could trigger a strong upward movement. A white projection line points to potential targets above $20, with room for further gains.
Horizontal support at $12.50 reinforces buyer interest, ensuring stability at current levels. A breakout above $16–17 would be a key confirmation for a larger upward trend.
Image Source: X/AMCrypto Growing On-Chain Activity and Adoption
The Aptos network is experiencing increased on-chain engagement, as highlighted by AMCryptoAlex on X (formerly Twitter). He shared that Aptos flipped Base in Daily Active Users, reflecting rising adoption among users. Meanwhile, its TVL continues to climb, signaling growing trust and liquidity within the ecosystem.
Crypto expert Axel Bitblaze also pointed out these trends in a recent tweet. He emphasized how Aptos’ surge in DAU and TVL could act as key catalysts. Bitblaze added, “When fundamentals and metrics heat up like this, price doesn’t just follow — it teleports.”
https://twitter.com/Axel_bitblaze69/status/1868949116467712411 Potential Price Targets and Resistance Levels
A breakout above the current channel resistance near $16 could push APT’s price towards psychological targets of $20 and $25. Analysts speculate a parabolic price move might occur if momentum continues to strengthen.
At current levels, projections of $50 per APT, as suggested by AMCryptoAlex, indicate an upside of over 200%. While ambitious, such targets align with the bullish fundamentals and technical patterns visible on the chart.
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The post These On-Chain Metrics Suggest That the Price of Aptos (APT) Could Skyrocket—Here’s Why! appeared first on CaptainAltcoin.
