Aptos’ APT Climbs Nearly 9% as Crypto Rally Lifts Market, Faces Key Resistance
Aptos’ native token, APT, surged by as much as 9% in the past 24 hours, joining the wave of gains sweeping across the crypto sector.
As of the latest data, APT was trading around $4.99, marking an 8.5% increase for the day. Still, the token faces stiff resistance near $5.03—a level that traders say will be pivotal for further upside. A clear breakout above that zone could propel prices toward $5.20, according to CoinDesk Research’s technical analysis.
APT found solid support at $4.57, where high-volume buying signaled a robust rebound. Analysts suggest this level could serve as a launchpad for a continued rally, with technical models projecting a potential move to $5.20 if bullish momentum persists.
Adding to the momentum, Aptos Labs announced on Thursday that Solomon Tesfaye has joined as Chief Business Officer, tasked with building institutional partnerships, the company shared via X (formerly Twitter).
APT’s rise mirrors broader crypto market strength. The CoinDesk 20 Index, which tracks major digital assets, was up roughly 7%, while Bitcoin (BTC) surged to a record high above $118,700, helping lift sentiment across the sector.
Technical Highlights
- Strong support established at $4.57, backed by significant trading volume
- Resistance set at $5.03, where price action has repeatedly stalled
- Volume surges hit 2.2 million and 3.7 million during key upward moves
- Measured move suggests a potential target around $5.20 from the $4.57 base
- A higher low at $4.89 signals continued bullish undertones during consolidation
- Final-hour trading topped 64,000 in volume, reflecting sustained market interest
With solid fundamentals and renewed leadership, Aptos appears positioned to push higher—provided it can overcome resistance and ride the momentum sweeping the crypto markets.
