Aptos (APT) Price Analysis

Aptos’s (APT) momentum has stalled over the past few sessions as it struggles to build momentum and reclaim $12. APT started the previous week on a very bullish note, surging almost 26% and settling at $13.72. However, buyers lost momentum after reaching this level, and APT registered a drastic drop on Tuesday, falling to an intraday low of $11.49 before recovering and settling at $12.36. Wednesday saw a substantial uptick in volatility as buyers attempted to regain control. Sellers ultimately gained the upper hand, and APT dropped over 5% to slip below $12 and settle at $11.73. Bearish sentiment persisted on Thursday as sellers thwarted another recovery to push APT down by 4.23% to $11.23.

Source: TradingView

APT recovered on Friday, registering an increase of 5.66% to move to $11.87. Buyers retained control on Saturday as APT reclaimed $12 and moved to $12.30 but fell back in the red on Sunday, dropping over 4% and settling at $11.78. The current week began with APT reclaiming $12 and settling at $12.04. However, the price is back in the red during the current session, down 2.46% and trading at $11.75.

$APT