Aptos (APT) Ready For A Breakout? Analysts Eye 20% Rally If This Level Is Reclaimed

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Additionally, he pointed out the previous consolidations included a "downside wicking below support.” In his recent analysis, Rekt Capital considers that APT’s daily bullish divergence "is still something worth watching” as the cryptocurrency’s Relative Strength Index (RSI) continues to form Higher Lows despite the recent downside deviation, and its price "is trying to transition away from Lower Lows into a new Higher Low.” According to the analyst, "a clear market structure is developing here, and a breakout from it would validate the Bull Div and set APT up for a reclaim of the Macro Range Low of $5.44,” which is key for a bullish rally.APT To Reclaim $6.5 Resistance?

Related Reading: Ethereum Trading In No Man’s Land’, But Analyst Says Breakout Is A Matter Of Time Aptos Loses Macro Range Lows During the March retraces, Aptos fell below a crucial support level for the first time since August 2024 but recovered 24% near the end of the month.

Following this performance, Aptos will need to reclaim the $5.44 level as support "to end this Monthly close as a downside deviation” and "avoid a bearish retest here.” Previously, the analyst suggested that holding this level could reverse ATP’s price action in the coming months, as it has done with the other clusters.

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Article Details

Author / Journalist: Rubmar Garcia

Category: Crypto

Markets: United Kingdom

Topics: Crypto trader Crypto Bull Run 2025 Crypto analyst Crypto Market Recovery Aptos Bitcoin APTUSDT Cryptocurrency Market News Crypto market correction Btc APT Aptos price

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Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-04 @ 08:00:14 (1 days ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 523 words

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Sentences: 78 lines

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Copyright Owner: © NewsBTC

News ID: 27580382

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