| Cryptocurrency | Price (USDT) |
|---|---|
| BTC | $107310.8200000000 |
| ETH | $2434.3630000000 |
| BNB | $648.1219900000 |
| XRP | $2.1835010000 |
| ADA | $0.5651130000 |
| SOL | $150.5777000000 |
| DOGE | $N/A |
| DOT | $3.4047100000 |
| LTC | $86.2276000000 |
| LINK | $13.3566800000 |
Category: CRYPTO NEWS
The post Aptos Could See A 95% Rebound, But It Must Hold This Level appeared on BitcoinEthereumNews.com. Este artículo también está disponible en español. Following the market’s recent corrections, Aptos (APT) has revisited the lows of its Macro Range, hitting a six-month low at the start of February. According to an analyst, the cryptocurrency’s recovery and ongoing retests of this crucial level could lead to a rebound in the following months. Related Reading Aptos Recovers From 6-Month Low Aptos has recovered 24% from the recent market correction, which sent Bitcoin to $91,000 and most cryptocurrencies to monthly lows. On Sunday, the token briefly nosedived 34% from its daily high above $7 to its lowest price since August 2024. Market watcher Daan Crypto Trades noted that APT has been moving within two horizontal levels since its launch. The higher horizontal level ranges from $15 to $17, while the lower zone ranges from around $4.80 to $5.45. During the pullback, Aptos “didn’t quite sweep the August lows” but “held on to that same ~$5 area again,” Daan pointed out. Similarly, Crypto Analyst Rekt Capital analyzed the cryptocurrency’s recent performance, explaining that “APT has now dropped into the Macro Wedge Bottom, holding support there while producing downside wicking below it.” APT’s Macro Wedge Bottom is also the “technical uptrend line dating to early 2023,” which is crucial to maintaining the technical uptrend and the macro market structure in general. Rekt Capital suggests that the cryptocurrency must print Weekly Closed above this line, at around $5.97. Aptos retests the bottom of its macro wedge pattern in the one-week timeframe. Source: Rekt Capital However, he noted that, in the monthly timeframe, APT appears to be in a Macro Range. The analyst explains that, in this Macro Range, APT seems to be developing a third cluster, but the price needs to hold the crucial $5.45 support zone to maintain this range and rebound.…
2025-02-07T09:44:07+00:00
https://bitcoinethereumnews.com/tech/aptos-could-see-a-95-rebound-but-it-must-hold-this-level/?utm_source=rss&utm_medium=rss&utm_campaign=aptos-could-see-a-95-rebound-but-it-must-hold-this-level