APTOS’s (APT) price movements in the last 24 hours, Coindesk Research’s technical analysis model showed a significant rise. APT increased by 7 percent in a short time, reaching 4.62 dollars from $ 4.34. The strong momentum in this process was supported by an intensive volume of transaction, especially in the period from night hours to the early morning hours.
Price movements and transaction volume increase
The technical model said that the most active period of Aptos was experienced in early August and that a volume of over 12.9 million units was observed. This sudden rise allowed the presence to exceed a number of resistance levels and prepared the ground for the formation of new support points in the range of $ 4,61-4.66. At the reached level, a resistance point was detected around 4.72 dollars.
This increase of Aptos was not only a development specific to his own performance; The wider crypto money market also tended to rise in parallel. The Coindesk 20 index showed a 3.2 percent rise in the general crypto market.
Technical Analysis and Trend View
In the last 24 hours, the price range of APT was recorded as 0.44 dollars and a percentage of 9.4 percent on a percentage basis. In addition, intensive corporate purchases were detected around $ 4.36. Technical indicators revealed that a significant sales resistance was encountered at $ 4.72 and that the purchase-sale movements triggered by volume were realized at this point.
Rising bottom formations observed in the price chart, prices on prices can continue to print. Based on Fibonacci analyzes, it was evaluated that the price may approach $ 4,80-4.90 if the rise pressure continues. In addition, the transactions of more than 126 thousand volumes that occur in the late hours of the day were interpreted as a sign of corporate distribution activities.
Global ranking in RWA tokensation
Aptos has also attracted attention in RWA tokensation, which means digitalization of real world assets. APTOS, Solana and Stellar with a total value locked over $ 719 million $0.453125Leaving behind, he rose to the third place globally. This development showed that the platform strengthens its position in the sector.
This increase in the price of Aptos, which is affected by the rise in the market, is thought to be a reflection of the general ascension movement in the crypto currency sector. However, experts continue to closely monitor the transaction volume analysis with technical indicators.
According to Coindesk Research technical analysis model; “Aptos has exhibited a remarkable ascension for the last 24 hours.”
Analysts say that the existing technical data and the increase in transaction volume have an impact on price movements, but harsh fluctuations in the market may also occur. For this reason, it is seen that investors continue to move cautiously.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
