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- The token looks like a good investment option at present time.
- The token has been in an uptrend for the past many days.
The token is in uptrend from January 9,2023 and from the past few days, the price has gone into a sideways trend thus forming a consolidation zone.
Aptos on daily time frame
On the daily chart the token has started forming a consolidation zone so one can look forward to investing in the token after the zone breakout or if the token instead of a breakout gives a breakdown one can invest at the levels marked by a long rectangle (the yellow colored) on the chart. They can invest as soon as price falls into that zone because earlier when the price was at those levels a big green candle was seen indicating that there was huge demand at those levels and the same thing can be expected again at those levels.
MACD – According to the MACD’s bullish crossing signal, APT has grown stronger on the daily chart. More bulls than bears are present in the market at present, according to the indicator’s bullish crossing.
Analyst views and expectations
The token looks a good long-term investment option once it breaks out the current consolidation zone. The MACD and RSI indicators also give a green signal for investing.
In terms of prediction for the price for APT, CoinArbitrageBot believed that things may go fairly well. The website projected that it would trade at just under $18.65 in 2025 and $30.17 in 2026.
The aptos cryptocurrency price is predicted by DigitalCoinPrice to reach $19.80 in 2025. The website then predicted that APT may end the decade at $42.77. After that, the website predicted that the price of aptos would trade at $62.77 in 2030 before perhaps reaching $90.65 in 2031.
The minimum price of Aptos will be $26.51 based on the technical analysis of prices for 2023. The APT price can go as high as $31.75 this year. The predicted average trading price is $27.27. This analysis has been performed by Changelly.com.
Technical Levels
Major resistance -$18.99
Major support -$3.60
Conclusion
Both short-term and long-term investors can invest in the token after the consolidation breakout.
Disclaimer: The opinions represented in this work along with any other opinions are presented primarily for informative purposes and are not intended to be taken as investment advice.
Nancy J. Allen is a crypto enthusiast, with a major in macroeconomics and minor in business statistics. She believes that cryptocurrencies inspire people to be their own banks, and step aside from traditional monetary exchange systems. She is also intrigued by blockchain technology and its functioning. She frequently researches, and posts content on the top altcoins, their theoretical working principles and technical price predictions.
