bullish

2024

Aptos

Read

Reversal

<p>With an impressive 151.30% recovery, the APT price has surged to $12.65, consolidating between key Fibonacci levels of $11 and $13.74. As Aptos stands poised for a potential breakout, will the Aptos price rally to $18.07 or reclaim its 52-week high of $19.48? Let’s dive into Coinpedia’s Aptos price analysis, packed with technical insights and future price targets.</p>   
<h2 class="wp-block-heading" id="h-apt-price-forms-rounding-bottom-reversal">APT Price Forms Rounding Bottom Reversal</h2>   
<p>In the daily chart, the APT price action shows a rounding bottom reversal getting momentum. During the early 2024, the Aptos price registered a 52-week high of $19.48.&nbsp;</p>   
<figure class="wp-block-image size-large">
 <img src="https://image.coinpedia.org/wp-content/uploads/2024/11/20184600/yNJxLKnU-1024x509.webp" alt="APT Price" class="wp-image-382589">
</figure>   
<p><a href="https://www.tradingview.com/x/yNJxLKnU/" target="_blank" rel="noreferrer noopener">Tradingview</a></p>   
<p>However, with the broader market pullback, the APT price dropped to $15.03, accounting for a price drop of nearly 75%. Nevertheless, with the broader market recovery, the APT has now regained almost 70% of its lost value.&nbsp;</p>   
<p>Currently, the APT price is trading at $12.65, accounting for a price jump of 151.30%. With an intraday gain of 7.11%, the APT price is currently consolidating between a price range of $11 and $13.74. These levels overlap with the 61.80% and 78.60% Fibonacci levels.&nbsp;</p>   
<p>Hence, a bullish breakout of either of these levels will determine the upcoming price trend. With the current bullish engulfing candle at play, the upside chances are significantly higher.&nbsp;</p>   
<h3 class="wp-block-heading" id="strong-technical-indicators-strong"><strong>Technical Indicators:</strong></h3>   
<p><strong>EMA: </strong>The sudden surge in bullish demand leading to higher high formation has led to a golden crossover and a positive crossover within the 100-day and 200-day EMA lines. Hence, the average lines maintain a positive alignment and maintain a bull run to provide dynamic support.&nbsp;</p>   
<p><strong>MACD: </strong>The intraday gain has avoided a bearish crossover in the MACD and signal lines with a new bullish histogram resurfacing. Hence, the technical indicators maintain an optimistic viewpoint for Aptos.</p>   
<h2 class="wp-block-heading" id="h-will-apt-price-hit-18">Will APT Price Hit $18?</h2>   
<p>The Fibonacci retracement level paints the next potential price target at $18.07, increasing the chances of a new 52-week high above $19.48. The retracement tool highlights the next potential target for a new all-time high at $25.59, followed by $39.83.&nbsp;</p>   
<p>These price targets seem unachievable in 2024 but could be possible in early 2025. Conversely, a slip below the 61.80% level is likely to pre-test the 50-day EMA at $10.&nbsp;</p>   
<p>Will the Aptos price surge in the long run? Read Coinpedia’s <a href="https://coinpedia.org/price-prediction/aptos-price-prediction/" target="_blank" rel="noreferrer noopener">Aptos (APT) Price Prediction</a> for 2024-2030 and subscribe to us for the latest crypto updates.</p>   
<h2 class="wp-block-heading" id="h-faqs">FAQs</h2>   
<div class="schema-faq wp-block-yoast-faq-block">
 <div class="schema-faq-section" id="faq-question-1732108459565">
  <strong class="schema-faq-question">What is the current price trend for APT?</strong> 
  <p class="schema-faq-answer">The APT price is consolidating between $11 and $13.74, with a 151.30% recovery from its recent lows. It is trading at $12.65 with an intraday gain of 7.11%.</p> 
 </div> 
 <div class="schema-faq-section" id="faq-question-1732108462722">
  <strong class="schema-faq-question">What are the upside price targets for APT?</strong> 
  <p class="schema-faq-answer">The next potential targets are $18.07, followed by a new 52-week high above $19.48, and long-term targets of $25.59 and $39.83 into early 2025.</p> 
 </div> 
 <div class="schema-faq-section" id="faq-question-1732108463562">
  <strong class="schema-faq-question">What are the risks for APT’s price action?</strong> 
  <p class="schema-faq-answer">A slip below the 61.80% Fibonacci level at $11 could lead to a retest of the 50-day EMA at $10, potentially halting the bullish trend.</p> 
 </div> 
</div>

APT Price in a Rounding Reversal Hints at $18 Target: New 52-Week Highs Ahead?

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