Latest Amnis Finance (AMI) Price Analysis

TLDR
Amnis Finance (AMI) rose 12.24% in 24 hours due to Aptos ecosystem growth and bullish technical momentum.
1. Aptos DeFi surge – AMI hit 60M APT staked, signaling protocol traction
2. Overbought RSI – 14-day RSI at 83.42 warns of near-term exhaustion risk
3. MACD uptrend – Histogram spike (+0.00515) confirms bullish momentum

Deep Dive

1. Primary catalyst: Aptos ecosystem momentum

AMI’s 60M APT staking milestone (NullTX) aligns with Aptos’ broader DeFi growth – $1B+ cumulative DEX volume and 71% of circulating APT staked network-wide. As a native staking protocol, AMI directly benefits from Aptos’ validator expansion to 54 cities and rising institutional interest in tokenized BTC (xBTC).

2. Technical context: Overextended indicators

• RSI14 at 83.42 (above 70 = overbought) suggests profit-taking risk
• MACD bullish crossover (0.00544 vs 0.000295 signal) but histogram at +0.00515 nears May 2025 YTD highs
• Price holds above 23.6% Fib retracement ($0.124) – a break below could target $0.113 (38.2%)

Conclusion

AMI’s surge reflects Aptos’ DeFi expansion and overheated technicals, with key tests at $0.124 Fib support and RSI cooling. Will staking demand offset profit-taking as the Aptos ecosystem matures?