Aptos (#APT ) may be preparing for a potential rally to continue its bull market challenges.
The analysis predicted that the APT price could increase by up to 75 percent if the Golden Cross works.
Aptos (APT) analysis A strong technical signal, the Golden Cross, occurs when the price crosses above the 50-day simple moving average (SMA) and the 200-day SMA. The indicator in question means that the rise may continue.
āThe Golden Cross coincides with the recent increase in APTās trading volume. The positive outlook on the chart strengthens the positive sentiment. āAccording to the analysis, if the APT price can exceed a potential resistance level of $ 10.58, it will target $ 19. The incoming target, which indicates a rise of close to 75 percent, was shown as the peak of the Golden Cross.
Aptos day-to-day growth The development change in the Aptos blockchain and the risk appetite created by the bull market shaped the predictions that the APT price could rise. In addition, APT's social volume increased significantly.
The following statements were included in the analysis;
āIt is thought that the framework for APT may have more sections than its rally appears.ā According to Santiment, Aptos' development activities reached a significant level of 75.43. AMBCrypto, who said, āThe Aptos party is recording growth,ā expressed that the popular blockchain will gain long-term value.
On the other hand, the amount of open positions in APT's rollover transactions reached 225 million.
The analysis evaluated the tempo as follows;
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