CandleFocus Assessing Aptos’(APT) potential 75% rebound; how and why it could happen
2024-09-16
Author: Content Editor
The article highlights Aptos (APT) as a potential cryptocurrency to watch for a rebound. Bullish on-chain data and technical analysis suggest a possible 72.41% increase in price, taking APT to $10. The altcoin has shown resilience compared to other established altcoins in the past month. It needs to confirm $4.30 as a support barrier and break beyond $7.50 to continue its bullish trajectory. On-chain data shows rising adoption and confidence in the project, with significant user activity and transaction volumes. However, caution should be exercised due to criticism over bot activities. APT currently trades at $5.80 but could potentially reach $10 by the end of the year.
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