APT: Emerging Ethereum Competitor and Potential Return Analysis

As a popular layer 1 network, APT has emerged as a strong competitor to Ethereum and is likely to generate considerable returns in the coming weeks.

APT's price action shows strong technical characteristics and is likely to rise further in December. When an asset experiences a strong parabolic rebound and then forms a symmetrical triangle pattern, it will form a so-called pennant pattern.

For APT, if this pattern can be successfully continued, its price is expected to jump to $20 or even higher in the short term.

However, if its price falls below $10, the current bullish expectations will be falsified and the market trend may reverse. #BSC生态活力释放 #美PCE年率创半年来最大增幅