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<p><a href="https://captainaltcoin.com/aptos-looks-ready-for-surge-expert-eyes-these-apt-price-targets/" target="_blank" rel="noopener noreferrer nofollow">The Aptos (APT) price</a> is up over 20%, and it is trading at over $10. It is currently the top gainer in the market. Additionally, there was a 133.98% increase in its trading volume, indicating that investors are purchasing APT.</p>
<p>However, this breakout from a long-standing downtrend has set the stage for further potential gains. But what is behind this price surge, and what can traders expect next?</p>
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<h2 class="wp-block-heading" id="aptos-price-breaks-key-resistance-levels">Aptos Price Breaks Key Resistance Levels</h2>
<p>Aptos had been trading in a bearish descending channel for several months, with its price steadily declining. The downtrend saw<a href="https://captainaltcoin.com/heres-why-aptos-apt-price-is-gaining-momentum-key-patterns-signal-big-move/" target="_blank" rel="noopener noreferrer nofollow"> APT’s price </a>fall from its highs near $25 to around $4.20 by mid-August.&nbsp;</p>
<p>However, the APT chart analysis shows a sharp reversal when the price broke out of this channel in late August, signaling a change in momentum.</p>
<p>Since then, Aptos Price has gained nearly 60% in value, as noted by World Of Charts. Following the price’s recovery above $9, traders are closely monitoring resistance at $10.238 for further downside or further gains. After the breakout, the market’s attitude shifted from being negative to being positive.</p>
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   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24Apt&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$Apt</a><a href="https://twitter.com/hashtag/Apt?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Apt</a> Recovering As Expected Almost 60% Profit So Far <a href="https://t.co/SfRn0TxYXY" target="_blank" rel="noopener noreferrer nofollow">https://t.co/SfRn0TxYXY</a> <a href="https://t.co/868wz206Ms" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/868wz206Ms</a></p>— World Of Charts (@WorldOfCharts1) <a href="https://twitter.com/WorldOfCharts1/status/1845316601693802979?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">October 13, 2024</a>
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<p><strong><em>Read Also: <a href="https://captainaltcoin.com/elite-crypto-analyst-predicts-bitcoin-price-will-move-significantly-up-next-week-is-an-ath-next/" target="_blank" rel="noopener noreferrer nofollow">Elite Crypto Analyst Predicts Bitcoin Price Will Move ‘Significantly Up’ Next Week – Is an ATH Next?</a></em></strong></p>
<h2 class="wp-block-heading" id="aptos-price-targets-and-liquidity-zones">Aptos Price Targets and Liquidity Zones</h2>
<p>In another tweet, Trade Travel Chill highlighted that Aptos price reached the analyst’s $10 target with no signs of slowing down. The APT chart identifies key liquidity zones that have played a significant role in this rally. The liquidity reset around $6.071 acted as a base, allowing APT’s price to push higher, breaking key resistance levels.</p>
<figure class="wp-block-image aligncenter size-large"><img loading="lazy" decoding="async" width="1024" height="519" src="https://captainaltcoin.com/wp-content/uploads/2024/10/image-448-1024x519.png" alt="" class="wp-image-565728" srcset="https://captainaltcoin.com/wp-content/uploads/2024/10/image-448-1024x519.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-448-300x152.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-448-767x389.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-448-1536x779.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-448-2048x1038.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-448-296x150.png 296w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-448-100x51.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-448-691x350.png 691w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-448-788x399.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-448.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
 <figcaption class="wp-element-caption"><strong><em>Image Source: <a href="https://x.com/tradetravelchil/status/1845318461192315286" target="_blank" rel="noopener noreferrer nofollow">X/TradeTravelChill</a></em></strong>
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<p>The current liquidity zone near $10.238 presents a critical area of resistance. If the Aptos price breaks through this level, analysts predict a potential move toward the next resistance at $11.404. On the other hand, long-term traders may find buying chances on a retreat to support levels such as $7.798 or $6.071.</p>
<p>Moreover, the 50-day and 200-day moving averages are technical indicators that lend credence to the optimistic outlook. Aptos price is currently trading above both moving averages, suggesting that the rise might continue.&nbsp;</p>
<p>Furthermore, Aptos price movement over the 200-day moving average is considered a sign of optimism and a crucial indicator of the direction of the long-term trend.</p>
<p>As Aptos continues to show strong momentum, traders are watching key levels for further developments. The immediate resistance at $10.238 will be a crucial test, with a potential upside toward $11.404 if the bulls maintain control.&nbsp;</p>
<p>However, any pullback could see support levels around $7.798 coming into play. Analysts remain optimistic, with many looking for opportunities to add to their positions during any retracement.</p>
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<p>The post <a href="https://captainaltcoin.com/why-is-aptos-price-up/" rel="noopener noreferrer nofollow">Why is Aptos Price Up?&nbsp;</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Why is Aptos Price Up?

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