Aptos Price Prediction: Will APT Be Able to Recover?
Aptos is currently trading at $11.97 (press time) with a decrease of 4.96% during the intraday trading session. The 24-hour low for APT was $11.89 and the 24-hour high was $12.74. The current Aptos price is above the 20 and 100-Day EMAs. The APT/BTC pair was trading at 0.000436 BTC with a dip of 3.04% over the intraday trading session. Aptos price prediction suggests that it is in a downtrend after getting rejected from the downward sloping trendline. After the start of 2023, APT price was caught in an uptrend, breaking its primary support and resistance on its way up. However, the formation of the evening star pattern after the uptrend might be the cause of the current downtrend, as seen in the daily time frame chart. After APT price tested its primary support of $10.19, it tried to rise up again with the support of active buyers in the market. But after reaching the downward sloping trendline, sellers again became active in the market and pushed the APT price downward. If APT does not gain the required active-buyers support in the market, it might fall below the primary support. This will put the token in a critical situation. The trading volume of the coin decreased