2024-12-12 19:00 |
The Aptos price is starting to climb, catching the attention of crypto traders. Crypto analyst TraderLenny, who has over 40,000 followers, posted on X about APT’s rising potential. People are getting excited about APT possibly breaking its previous record highs.
His analysis points to a strong weekly trend and highlights the market’s apparent inclination to “buy the dip.” With the current trajectory, market participants are watching key levels that could determine the next major price move.
Aptos Chart Signals Strong RecoveryAPT’s weekly chart reveals a clear recovery pattern after a prolonged period of decline. The asset has recently established a series of higher highs and higher lows, signaling sustained upward momentum. Currently trading near $13.50, a critical resistance level, the price action suggests that a breakthrough could pave the way for a rally toward $18.50 and possibly higher levels.
Aptos price has shown resilience at major support zones, particularly at $9.00 and the historically low region around $4.00–$5.00. These levels have served as a foundation for the ongoing uptrend. The presence of strong buyer activity has also been evident in recent green weekly candles, which have closed above prior resistance points.
Image Source: X/TraderLenny Key Resistance Levels and All-Time High PotentialThe chart analysis highlights several resistance zones that APT’s price must surpass to sustain its bullish momentum. Beyond the current resistance at $13.50, traders are eyeing $18.50 as the next hurdle. This level represents a previous rejection point and will likely determine whether the asset can aim for its historical peak of $24.00.
Market sentiment appears to align with the optimistic outlook shared by TraderLenny, who noted that successfully closing the weekly candle in the green could set the stage for a rally toward all-time highs. Such a development would confirm strong buyer interest and provide further confidence in APT’s upward trajectory.
APT keeps going up, getting more buyers even when some people sell. Traders are watching to see if it can stay above $13.50 by the end of the week – if it does, we might see it climb all the way to $18.50.
Read Also: Worldcoin Resumes Upward Move as Key Support Holds: Here’s What’s Next for WLD Price
Key Levels to WatchThe price keeps moving up steadily, showing that people really believe in where it’s heading. Right now, $9.00 is where buyers step in to support the price, while $13.50 is where it meets resistance. Should these levels hold or be breached, the path to all-time highs, as suggested by TraderLenny, becomes increasingly viable.
As we head into the weekend, the next few days will tell us where APT’s price is going. If it breaks through that resistance, we could see a big move up, making it stand out even more in the crypto market.
Follow us on X (Twitter), CoinMarketCap and Binance Square for more daily crypto updates.
Get all our future calls by joining our FREE Telegram group.
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy the trades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
The post Will Aptos (APT) Price Reach All-Time Highs After Bullish Breakout? Analyst Weighs In appeared first on CaptainAltcoin.
Similar to Notcoin - Blum - Airdrops In 2024