Aptos (APT) has broken above its long-term descending trendline, signaling a potential rally as it experiences the strongest trading volume since January 2023. The cryptocurrency is now targeting resistance levels between $7.00 and $7.50, with historical patterns suggesting significant gains could follow. Previous breakouts in 2023 resulted in increases of 215% and 94%.
The current breakout is marked by increased buying pressure, indicating renewed market interest. Analysts suggest that maintaining a price above $5.00 is crucial for sustaining the bullish momentum, with a potential target of $9.00 if the resistance is successfully breached.
Aptos Surges Past Trendline with Record Volume Since 2023
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