Cryptocurrencies have been showing signs of a resurgence in early 2023, with many tokens reaching new highs or demonstrating bullish behaviour. Two cryptos that show particularly bright prospects are OKB and Aptos (APT). Both tokens have seen periods of growth over the past few months and are now in a position to reach all-time highs.

OKB token recently broke out from an ascending parabolic support line which had pushed the price to its all-time high of $58.85 back in February. Since then, however, the price has experienced a correction and is currently on its fourth leg of a possible five-wave move. The structure of the correction is a symmetrical triangle, with a bounce off the 0.5 Fib retracement support level suggesting its completion. If the utility token then were to break out of the triangle, it could possibly reach a new all-time high of $72.23. If it experiences a price decrease of below $23, however, the bullish outlook would be invalidated and it could fall back to the $12 level.

The APT price, on the other hand, recently completed a five-wave upward movement at the beginning of the year and was followed by a correction. March 10 saw the crypto successfully bounce off the 0.618 Fib retracement support level and break out from a descending resistance line, suggesting possible bullish behaviour. If this is to be so, the price could reach a new all-time high at $26.90, which would be confirmed by a daily close above $13.85. If the APT price falls below its March 10 low of $9.70, however, the bullish structure would be invalidated and it could decline towards $7.90.

In summary, the crypto sector appears ready for a new bull market, and OKB and Aptos stand in the ready to set new all-time highs. These tokens could reach the expected milestones in April, if the waves hold, but should the wave count be invalidated a decline in prices is likely. As such, investors are advised to keep an eye out for any developments and stay alert.



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