Aptos Following SUI’s Lead? Analyst Says APT’s ‘Explosive Breakout’ Targets $20

Quick Summary:

APT Eyes $20 Target Crypto analyst Quinten highlighted APT’s recent performance, asserting that it is "reclaiming its dominance, printing consistent higher highs and higher lows.” He also noted that the token’s chart shows "strong accumulation leading up to this explosive breakout.” Last week, the token soared over 40% toward its monthly high of $13.3, a level not seen in seven months.

Based on this, the analyst suggests that investors should "wait for APT to breakout and price discovery.” Another market watcher previously noted that SUI and APT were moving in a "catch-up trade” path for the last year.

Related Reading: Crypto Analyst Warns of Potential Bitcoin Market Shift as Exchange Reserves Decline The $11 mark was a significant resistance throughout Q3, with APT being rejected from this range several times.

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Article Details

Author / Journalist: Rubmar Garcia

Category: Crypto

Markets: United Kingdom

Topics: SUI Network Crypto trader APT Crypto analyst APTUSDT Cryptocurrency Market News Crypto Bull Run 2024 Aptos network Aptos price Crypto market Aptos SUI

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-20 @ 12:00:19 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 484 words

Reading Time: 3 minutes read

Sentences: 73 lines

Sentence Length: 7 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 23719786

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