Aptos (APT) Price Wakes Up After Breaking Multi-Month Downtrend – Is This the Start of a 10x Rally?

Aptos price is starting to show signs of life after spending months stuck in a slow grind downward. The token has finally broken out of a long-term downtrend, and some traders are wondering if this could be the beginning of something much bigger. 

Top analyst CryptoPatel shared on X that this might just be the start of a rally that could take APT all the way to $50.

Patel pointed to a few key signals: APT price holding above the strong $4 accumulation zone, a confirmed breakout from its multi-month downward channel, and a clean chart structure that could support a major move, potentially even a 10x from current levels.

Aptos Accumulation Zone Holds Strong

APT price has spent the better part of a year trading between $3.00 and $4.00. This zone has acted as reliable support since early 2023, with several price bounces confirming buyer interest. 

The extended period of sideways consolidation in this range formed what analysts often refer to as an “accumulation zone.”

Recent price activity shows Aptos breaking out above this base, trading at approximately $6.30. The test of the breakout is the first meaningful departure from the range bottom and can be indicative of possible turning of long-term sentiment.

Image Source: X/CryptoPatel

Furthermore, APT weekly chart outlines a consistent series of lower highs and lower lows since mid-2024. That downtrend has now been broken, as price action attempts to establish a new series of higher highs. 

Technical indicators suggest early-stage reversal, with price trending above key support levels and challenging previous resistance zones.

The next technical area of interest sits at $12.00, which may serve as a psychological midpoint. A stronger resistance level appears at $18.22, a zone previously tested in early 2024. A successful breakout above this level would add further confirmation to the reversal thesis.

Read Also: ONDO Secures a Major Listing, Price Pumps

APT Long-Term Price Projection

Based on Crypto Patel’s chart and commentary, APT price could target $50 in a long-term scenario. This would represent a gain of over 1,000% from the accumulation base. 

The forecast includes possible consolidation phases and pullbacks along the way but aligns with broader macro expectations tied to altcoin market cycles.

The chart analysis includes projected milestones, with a gradual climb through previous resistance levels before entering price discovery. 

This structure is supported by the depth of the accumulation phase and the nature of prior breakout cycles across similar assets.

Moreover, Aptos price remains in early breakout territory. The price has moved above its accumulation zone but has not yet cleared higher resistance levels. 

Volume, market participation, and general conditions in Layer 1 tokens will likely dictate the course.

While short-term fluctuations are still a risk, the current setup is a bullish case as long as price continues above $4.00. Buyers continue to wait for an extension above $12.00 to confirm strength before testing higher targets.

Subscribe to our YouTube channel for daily crypto updates, market insights, and expert analysis.

intelligent crypto
How are  regular people making returns of as much as 70% in a year with no risk?  By properly setting up a FREE Pionex grid bot - click the button to learn more.
Crypto arbitrage still works like a charm, if you do it right! Check out Alphador, leading crypto arbitrage bot to learn the best way of doing it.

Tags:

Temitope Olatunji
Temitope Olatunji

Temitope is a seasoned writer with over four years of experience. He specializes in Web3 and FinTech topics and enjoys creating content in these areas. He holds both a bachelor's and master's degree in Linguistics. When not writing, he trades forex and plays video games.

CaptainAltcoin
Logo