Aptos’ APT rises 7%as bulls take control

APTOS ‘APT recorded an increase of 7% over the past 24 hours and went on from $ 4.34 to $ 4.62, according to Coindesk Research’s technical analysis model.

The model showed that Aptos demonstrated a significant bullish momentum throughout the previous 24-hour period.

The most significant price act that was realized in the nightly hours that extend into the early morning of August 8, when unique volume waves exceed 12.9 million units propelled the asset through successive resistance levels and established fresh support foundations within $ 4.61- $ 4.66 corridor, according to the model. The resistance has come to $ 4.72

APTOS has surpassed Solana and Stellar in the real world (RWA) tookenization, ensuring the third position globally by more than $ 719 million in RWA total value locked.

The rally in APT came when the wider crypto market also increased, with the wider market meter, Coindesk 20, recently up 3.2%.

In the latest trade Aptos was 7% higher over 24 hours and traded about $ 4.62.

Technical Analysis:

  • 24-hour price range of $ 0.44, which includes an interval of 9.4%, with a high of $ 4.72.
  • Volume waves exceeding 12.9 million units in night hours that extend until early the morning of August 8.
  • Support zone established at $ 4.61- $ 4.66 with robust institutional accumulation to $ 4.36.
  • Resistance threshold confirmed at $ 4.72 with a significant volume -driven rejection pattern.
  • Rising trough formations still suggest a pressure upwards against $ 4.80- $ 4.90 Fibonacci levels.
  • Terminal Times Vending with 126,000+ Volume Rise confirming institutional distribution activity.

Disclaimer: Parts of this article were generated with the help of AI tools and reviewed by our editorial team to ensure accuracy and compliance with Our standards. For more information, see Coindesk’s full AI policy.

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