CandleFocus From $100 Million to $500 Million: Growing Volume Aims to Push Aptos (APT) Price by 80%
2024-10-04
Author: Content Editor
The price of Aptos (APT) has increased by 43% in the last 30 days and is poised for further growth due to a surge in trading volume. The recent spike in volume is attributed to Franklin Templeton expanding its tokenized fund on the Aptos blockchain. This increase in volume suggests that investors are optimistic about the future of APT and its price may continue to rise. Technical indicators, such as the Ichimoku Cloud, also suggest that APT could see further gains. Currently, APT is approaching a critical support level at $9, and a break above this level could lead to additional price increases. If bullish momentum continues, APT could surge by 81% to reach $16.75 in the short term. However, if traders start taking profits or buying pressure decreases, this forecast could be invalidated, potentially causing APT to fall below $8.
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