Aptos

Date: Sun, Oct 13, 2024, 06:08 AM GMTAptos (APT) is making waves in the cryptocurrency market, boasting over 20% gains in the past 24 hours. As Bitcoin continues to trade in green, it’s fueling bullish momentum across the market, and Aptos has emerged as one of the top-performing altcoins today.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/bf6fa82fe8874df58a95fee40d0030a8.png" />Source: Coinmarketcap<h3 id="what-s-driving-the-surge">What’s Driving the Surge?</h3>The recent rally follows a major <a href="https://coinsprobe.com/aptos-shows-strong-momentum-despite-bearish-market-here-is-why/" rel="noopener noreferrer nofollow">announcement</a>: Aptos Foundation has entered into a partnership with Franklin Templeton, a global asset management giant. According to a report from Cointelegraph, this partnership integrates the Franklin OnChain U.S. Government Money Fund (FOBXX) into the Aptos blockchain. This is a key milestone, reflecting growing institutional interest in the blockchain space and boosting investor confidence in Aptos.Also, the current market scenario, which is driving altcoins higher, is a factor contributing to the APT rally.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/15b7405183404999aa45220fcd3d98a4.png" />Source: X<h3 id="is-more-rally-ahead">Is More Rally Ahead?</h3>Currently, Aptos is trading at $10.19, marking a 66% gain over the past 30 days. However, the token has faced minor resistance at $10.40, and we may see some correction here. In terms, if the momentum continues and APT breaks through the $10.40 and $11.03 resistance levels, it could pave the way for a much larger rally.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/0703f7091c3c498f91996f84a47dc955.png" />The major target to watch is $19.35, which represents a potential 75% upside from its current price. Breaking this key resistance would solidify Aptos&#39; bullish trend, drawing in more traders and potentially driving it to new highs.<h3 id="final-thoughts">Final Thoughts</h3>With a solid partnership and positive market momentum, Aptos appears well-positioned for further gains. However, breaking critical resistance levels will be key to unlocking the next phase of the rally.Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before making any investment decisions.Also Read: <a href="https://coinsprobe.com/top-3-altcoins-that-could-make-new-all-time-high-soon/" rel="noopener noreferrer nofollow">Top 3 Altcoins That Could Make New All-Time High Soon.</a>

Aptos Shows Strong Momentum With Double-Digit Gains—Is More Rally Ahead?

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