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Cryptocurrency News Articles
Aptos ‘Just Like SUI’: Chart Shows Potential 100% APT Price Surge
Oct 15, 2024 at 04:30 pm
Aptos (APT) price action has gained momentum with recent analysis suggesting that it could follow a price trajectory similar to SUI.

Aptos (APT) has been on a roll lately, and one crypto analyst believes that the token could double in price very soon.
According to a new analysis, Aptos is currently testing a key resistance zone that could lead to further price gains. The analysis also compares Aptos to another token, SUI, which saw a massive price increase recently.
Aptos Price Could Double
Aptos is trading at around $10.12 at the time of writing, pressing against a critical resistance zone. This area, typically denoted by prior price rejections, has been a point of contention for Aptos in previous attempts to move higher. However, the bullish momentum could push the token past this barrier.
A chart analysis by Chiara.sol highlights a potential breakout above this resistance zone. If Aptos manages to break through, it could pave the way for a price surge, similar to what occurred with another token, SUI.
The analysis points out that SUI also experienced a liquidity inflow and a price rally, which is being used as a comparison for Aptos.
Aptos, like SUI, is also experiencing a liquidity inflow, which could contribute to its price movement. As Aptos approaches this crucial resistance, it mirrors the pattern seen in SUI, where a similar breakout led to significant price growth.
If Aptis continues its upward trend and breaks the current resistance, it could potentially double in price, with targets set between $18 to $19. The chart shows no signs of weakening momentum, indicating that buyers are still in control.
Aptos experienced a more than 60% gain over the past month, attracting attention with its price performance. The analysis suggests that if the current trend continues, Aptos could reach the $18 to $19 price range. This would mark a nearly 100% increase from its current levels.
As Aptos moves higher, buyers are showing increased interest, pushing the token higher and making any pullbacks to the $9-$10 range potential buying opportunities. According to Chiara, this zone could act as support if the resistance is broken, and buyers may step in to capitalize on any dips.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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