Aptos’ APT Climbs 4.5% as Trading Volume Surges and New Support Levels Emerge
Aptos’ token APT rose 4.5% over the past 24 hours, propelled by robust trading activity and technical signals that point to growing market confidence.
According to CoinDesk Research’s technical analysis, the surge began around 01:00 UTC, when trading volume spiked to 1.64 million tokens, roughly 29% above the usual daily average. That influx of buying pushed APT from $4.97 to $5.06 within an hour, establishing a fresh support level at $4.96.
Momentum continued into the early morning, with APT touching a session high of $5.20 by 04:00 UTC, before sellers stepped in to lock in gains.
APT’s performance aligns with a broader rally across crypto markets, as the CoinDesk 20 index posted a 3.6% gain recently.
As of the latest reading, APT was trading near $5.135, maintaining a 3.2% increase over the past day.
Technical Highlights:
- APT surged from $4.97 to $5.06 on a significant volume spike, 29% above the 24-hour average at 1.64 million tokens.
- New support formed around $4.96, confirmed by repeated successful retests.
- Resistance has emerged at $5.20, where the rally lost steam amid increased selling pressure.
- APT’s trading range spanned $0.29, moving between $4.91 and $5.20, reflecting around 6% volatility.
- A critical support level developed at $5.09 after a notable volume surge of 258,259 tokens.
- Price consolidation around $5.13 indicates potential base-building as volatility subsides.
With strong trading volume and technical support in place, traders are watching to see whether APT can maintain its momentum and attempt another push higher if market conditions stay favorable.
