The Apt of Aptos recorded a 7% increase during the last 24 hours, moving from $ 4.34 to $ 4.62, according to the Coindensk Research technical analysis model.
The model showed that Aptos demonstrated a considerable bullish impulse during the previous 24 -hour period.
The most significant price action materialized during the night hours that extend until the early hours of August 8, in which the exceptional volume that exceeds 12.9 million units increased the asset through successive resistance levels, establishing new support bases within the $ 4.61- $ 4.66 corridor, according to the model. Resistance has emerged at $ 4.72
Aptos has surpassed Solana and Stellar in the token of the real world asset (RWA), ensuring third position worldwide with more than $ 719 million in the total value of RWA blocked.
The Rally in APT occurred when the broader cryptographic market also increased, with the broader market meter, Coindesk 20, recently 3.2%.
In recent negotiation, Aptos was 7% higher for 24 hours, quoting around $ 4.62.
Technical analysis:
- 24 -hour price range of $ 0.44 that covers a range of 9.4%, with a high of $ 4.72.
- Volume increases that exceed 12.9 million units during the night hours that extend until the early hours of August 8.
- Support area established at $ 4.61- $ 4.66 with a robust institutional accumulation at $ 4.36.
- Resistance threshold confirmed at $ 4.72 with a substantial pattern of volume rejection.
- Ascending channel formations suggest continuous upward pressure towards Fibonacci levels of $ 4.80- $ 4.90.
- Reversion of the terminal hour with more than 126,000 volume increase confirming the institutional distribution activity.
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