Digital Coin News

Could Aptos [APT] get more gains after surging past $13 resistance?

  • 📰 CryptoAmb
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 68%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. A move downward to $12.15 was a likelihood for Aptos. The bias would remain bullish until a key support level was broken. Aptos [APT] saw a strong move upward push on heavy trading volume […]

itself sat atop some support around the $23k area. However, the king of crypto was pointed downward, although another move up to $24k was also possible. This meant that both buyers and sellers in the near term could wait for a retest of a significant area before entering trades.Source: APT/USDT on TradingView

The bounce in prices from $11.8 to $13 was quick. APT gained nearly 12% within 20 hours. However, Aptos sellers forced a near-term rejection in the $13.7 area, and the token stood at $13.13 at press time. Due to the break in structure, further near-term losses could follow. This was because, after a strong surge, the price can see a retracement to fill any imbalances on the chart.

Aptos had a fair value gap on the four-hour chart that extended from $12.15 to $12.5. Therefore, the price could get pushed toward this area in the coming days. That would not be a bearish scenario, as the prices would continue to have a bullish structure. This upward bias will be invalidated if the price fell beneath the $12.15 level. The Awesome Oscillator also showed bullish momentum after crossing above the zero line. However, the CMF continued to move in the neutral region.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 22. in COİN

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Arbitrum positively impacted by network ‘Gains,’ details insideGains DEX dominated in terms of Open Interest. The number of transactions on the Arbitrum protocol declined after surpassing Ethereum. Gains Network [GNS], a prominent DEX on the Arbitrum protocol, captured massive amounts of forex demand on 27 February. This helped the protocol have a large majority in terms of Open Interest. gTrade by GainsNetwork_io […]
Source: CryptoAmb - 🏆 22. / 68 Read more »

Price gains for gold as U.S. dollar index solidly down(Kitco News) - Gold prices are higher and silver is slightly up in early U.S. trading Wednesday. Didn’t expect the 💶 to rally against the 💵: don’t you foolish Americans don’t know about the PIGS-countries? 😂😂😂 💶 is not a valid option to flee to!
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »