Aptos Price Forecast: APT is Currently Down 14%, But it May Soon Increase to New ATH

Prediction of the Aptos price: APT is down 14% today, but it may pump to a new ATH in the near future.

 

The latest cryptocurrency to hit the market, Aptos, has lost about one-fourth of its value in the last day, making it one of the top decliners. Still, APT is up almost 10% in the previous week. APT was trading at $8.12 as of this writing.

 

Aptos (APT) Price Forecast

 

Aptos has only just been released, but it has already made a splash in the cryptocurrency market because to its inclusion on major trading platforms like Binance, Coinbase, and FTX. Aptos has been called a “Solana killer” because of the fast transaction rates it promises its consumers.

 

Over the past 24 hours, APT has fluctuated in price by a dollar and a half, from $8 to $9.44. On October 19, APT’s price hit a record high of $13.73, according to CoinGecko; since then, it has dropped by around 40%.

 

Due to its rapid listing on exchanges after its initial launch, APT is seeing robust trading volumes. Trading volumes for APT have topped $365 million over the past 24 hours. Token market cap of $1.05B places it at #54 among all cryptocurrencies.

 

Given the current gloomy atmosphere surrounding the cryptocurrency market as a whole, APT may continue its fall for the foreseeable future. Even if there was a 2.3% dip across the board in the cryptocurrency market over the past day, the total market worth is still well over $1 trillion.

 

In the event that APT continues to fall, the token’s value may go below $8. Since it is a relatively new cryptocurrency, its value could rapidly fluctuate due to the news. Because of this, in the next few trading hours, volatility may increase as bulls and bears struggle for dominance.

 

 

The current level of the Relative Strength Index (RSI) is 52, indicating that neither buyers nor sellers have the upper hand. The token’s neutrality means it will rise if bulls gain control early but fall if bears do.

 

Nearly equal trading activity on the MACD and signal lines indicates that neither bulls nor bears are in charge. Thus, bullish developments like projects moving from Solana to Aptos are required for the price to make a breakout.

 

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Altcoins to Invest Today

 

In addition to APT, Dash 2 Trade, IMPT, and Calvaria are some of the greatest cryptocurrencies to invest in right now.

 

Dash 2 Trade (D2T) is a cryptocurrency signaling platform that provides traders of all skill levels with actionable trading signals. Speculative demand has driven the D2T presale to a successful total of over $2.9 million.

 

IMPT is the other token that could be a good investment today. In IMPT.io, the native token is IMPT. The IMPT.io website claims that $11.2 billion has been raised during the presale. To mitigate greenhouse gas emissions, IMPT.io was developed.

 

Currently, the Calvaria presale is the second-best option (RIA). Calvaria is a P2E gaming platform with the goal of easing newcomers into the blockchain gaming industry. We’ve reached the second phase of the RIA presale, having raised $483,249 USDT thus far.