Aptos Will Likely Follow SUI, Analyst Shares Two Key APT Price Levels To Watch

A recent analysis by the crypto trader Crypto Trades Made Simple explored the potential relationship between the SUI and Aptos (APT) ecosystems. The trader suggested that if Aptos can surpass certain key price levels, specifically daily closes above $9.2 and $10.7, it could indicate a bullish trend for APT.

The $9.2 level is seen as an important pivot point that could lead to further gains if exceeded. However, the trader expects more significant momentum above $10.7, which could spur a swift climb towards the $18 monthly resistance.

To support this outlook, the trader referenced APT’s historical price charts and resistance levels. These price points have previously acted as turning points in sentiment and momentum.

Transform Hundreds Into Millions With the Magic of Memecoins – think $BONK, but bigger!🤫

The key? Getting in early, especially during the IDO phase. Get in on NuggetRush now! This innovative memecoin blends play-to-earn gaming with real-world gold mining. Join soon to take advantage of the current ICO prices!

Show more +

Additionally, the analysis considered APT’s resilience against Bitcoin since last October, which could demonstrate a base of support for potential upward movement.

In summary, the interconnection of crypto ecosystems, combined with technical indicators, suggests APT may be positioned for a rally. Crossing the $9.2 and $10.7 price thresholds could validate a bullish view and drive the price higher. Traders and investors may want to monitor if APT can breach these levels, which could unlock greater gains.

You may also be interested in:

Check NuggetRush ($NUGX)

Sponsored: Invest Responsibly, Do Your Own Research.
Being in its ICO stage, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices
A unique play-to-earn gaming platform in the memecoin market
The platform combines artisanal and gold mining with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience
Fosters a strong community by encouraging physical meetups among members
NFT Integration with Prominent Characters
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:

Vignesh Karunanidhi
Vignesh Karunanidhi

Seasoned crypto writer with deep passion for blockchain and cryptocurrency

CaptainAltcoin
Logo