Aptos price is showing signs of a strong comeback after breaking out of a falling channel that had held it down for weeks. Just a few days ago, the price bounced from around $3.75 and has been climbing steadily since then.
According to crypto analyst Crypto Charts (@Cryptokartha), the APT chart on the 4-hour time frame has already broken out of a bullish flag. He said:
“$APT Bullish Flag Breakout already done in H4 Chart and now expecting 50–70% Short term Rising”
For weeks, Aptos was stuck in a falling channel. Every time the price tried to move up, it was pushed back down. That changed recently. After touching the bottom of the channel, APT bounced and broke through the top of the trendline.
This breakout shows that the trend is changing, and bulls might be stepping back in. The price is now sitting just above the breakout area and trying to hold its ground.
Analyst Sees 40% to 70% Upside for APT Price
Crypto Charts believes this move could lead to a big rally. His chart points to a possible 40% gain in the short term, with a chance of going as high as 70% if the momentum continues. That means the APT price could reach around $7 soon.
These kinds of breakouts often lead to fast moves, especially when they happen after a long downtrend like this one.
If APT can stay above the $4.80 level, the breakout is likely to stay strong. The next major target is between $6.50 and $7, which lines up with earlier highs. As long as the price doesn’t fall back into the old channel, bulls may stay in control.
Read Also: Is XDC Price About to Explode Again? This Chart Pattern Says Yes
Aptos is finally showing strength after a tough few weeks. With this breakout and a bullish pattern on the chart, the APT price could be gearing up for a big move. Analyst Crypto Charts is watching for a short-term gain of up to 70%, and the current setup supports that possibility.
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