Aptos Eyes 223% Gains, Uniswap Slides Below $6, But Is $WAI the Best Crypto to Buy Right Now?

Hype is no longer enough, investors are chasing narratives backed by utility, data, and early entry. Aptos (APT) is gaining traction with a bold price forecast, while Uniswap (UNI) faces pressure after a notable decline.

Aptos (APT) price predictions have been heating up, with some analysts suggesting that the crypto could rise by 223%.

As seen on the lastest analysis from Benzinga, several factors are converging to suggest a potential breakout for Aptos. On-chain metrics are showing strength, with key indicators like MVRV Flow and Volume Flow remaining in favorable ranges. This suggests that Aptos is in a healthy accumulation phase, with no signs of excessive selling pressure or panic.

Moreover, there is a growing interest from developers in the Aptos ecosystem. The number of active developers is steadily increasing, which bodes well for the long-term development of the Aptos blockchain. A vibrant developer community is crucial for introducing new protocols, dApps, and use cases for Aptos, ultimately contributing to the token’s utility and value proposition.

Another factor to consider is the technical outlook. After a significant rally from the lows, Aptos price is now testing a critical resistance zone. A breakout above this resistance could spark the next leg of Aptos’s bull run, potentially opening the door for a rally towards previously tested highs or even higher.

Technical indicators are also showing signs of strength. The Relative Strength Index (RSI) is in a neutral reading, suggesting that Aptores isn’t overbought despite the recent price gains. This could indicate that there is still room for further upside before any signs of exhaustion emerge.

Volume metrics are also important to monitor. Aptos price has seen a surge in trading activity, which could be a bullish sign. Higher volume often accompanies price movements, and sustained volume at higher price points can be a measure of demand and interest in the token.

Uniswap (UNI) Price Drops 15%, Testing $5 Support

Uniswap (UNI) price slid by around 15%, dropping below the critical $6.40 support level.

As the price of Uniswap continues to decline, investors are assessing whether the token will test the $5 support zone.

Technical indicators suggest a bearish outlook in the short term. The Relative Strength Index (RSI) is sliding towards the neutral point from overbought levels, indicating a slowdown in the rate of price declines but not a reversal.

The 50-day Exponential Moving Average (EMA) is providing support to the price action, while the 200-day EMA presents a strong resistance around the $8 mark. A sustained move above the 200-day EMA could be a signal of a more significant bullish trend.

If this bearish trend persists, it could push Uniswap price towards the $5 mark.

At this level, the price will likely face more critical resistance, and its ability to regain bullish momentum will be crucial for determining the next stage of the trend.

If Uniswap fails to stabilize at the $5 support zone, it could slide further to test the next key support at $4.70. This level provided support during the previous bear market in 2022.

Investors are closely monitoring these critical price levels and technical indicators to assess the potential for a price reversal or further slides in the coming sessions.

Aptos, Uniswap, and A New Presale Token to Consider

While Aptos is heating up with price predictions and Uniswap is facing some price pressure, another token is quietly gaining attention in the presale space.

Web3 Ai is a new project that is developing a suite of AI-powered analytical tools for the Web3 industry. The project’s goal is to create a platform where traders, analysts, and investors can access advanced insights and technologies to enhance their strategies in the dynamic crypto market.

Its presale has already raised over $4.3 million and is set to launch on major exchanges at $0.05242, presenting the potential for massive gains to early presale investors.

Those who join the presale at Stage 5 of $0.000365 can secure the token at an attractive price.

Those interested in learning more about Web3 Ai, its presale, and its upcoming exchange listing can visit the official website here.