Aptos (APT) Blasts Through Resistance as Volume Spikes: $5.10 in Sight?

Omada Apeh
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7 Min Read

Aptos continued to surge on Monday as the token broke above key resistance levels with a boost in trading volume and a solid technical setup. Currently Up 5.45% from the previous range, APT has now hit $4.92, building on strength that started after multiple tests of $4.84. This latest Aptos surge came as the broader crypto market rebounded, but APT’s price action was particularly clean and followed through.

Clean Breakout After Days of Tight Range

APT had been stuck in a tight range between $4.65 and $4.73 for several sessions. Monday’s move began as buyers pushed the token above $4.73 at 09:00 UTC with volume almost double the 24-hour average. Price then confirmed higher lows and formed an ascending channel. Momentum carried into the evening and culminated in a break of $4.85 as of yesterday with a 10,126-unit volume spike at 20:01 UTC, more price action has occurred and the high of the Aptos surge is currently at $4.92 as at the time of this writing.

This breakout comes after a period of cautious accumulation in the altcoin space as many Layer 1 tokens lagged behind Bitcoin’s recent breakout above $110,000. Nevertheless, Aptos with its lean architecture and rising developer activity, seems to be gaining traction as traders look for tokens with upside not yet priced in.

Aptos Surge
Aptos Surge to $4.90

Volume Shows Buyer Commitment

Market data showed strong conviction behind the move. The 16:00 UTC candle saw over 884,000 units traded, well above daily norms. Each resistance level broken was accompanied by increased trade activity, not just speculative short squeezes. Instead, it looked like spot buyers were targeting continuation from last week’s range.

CoinDesk’s technical model flagged the volume as a buy signal. Price surges with corresponding volume are a hallmark of real breakouts not seen in many false rallies in the altcoin space over the past month.

Multiple tests of $4.84 held firm and that’s a strong sign of market commitment to the new range. Analysts see this level as key for continuation. If APT stays above $4.84 over the next 24-48 hours, it increases the chances of a move to $5.10, the next Fibonacci level from the early April breakdown.

The channel is a risk management tool for traders. A break below $4.73 could kill the trade but with current momentum, a retest of $4.90-$5.00 is likely in the short term if the broader market stays green.

Macro Environment Favors Short-Term Upside

The Aptos surge is part of a bigger crypto bounce that saw Bitcoin hit $110,000 and Ethereum $2,620. SUI and Hyperliquid’s HYPE also up to 4-7%. All this happened while traditional markets were flat, so analysts believe crypto is decoupling at least for now, from equities.

Upcoming macro events like Wednesday’s US CPI report and US-China trade talks may bring volatility or more upside if inflation data cools. Lower inflation is good for risk-on assets so APT has more room to run.

Jake O, OTC trader at Wintermute, said in a market update that the market is sensitive to macro headlines but altcoins with strong technicals will continue to outperform during low volume if Bitcoin is stable.

On-Chain Signals Support Bull Case

On-chain data from Aptos Explorer showed an increase in active wallets and transaction count over the last 72 hours. Though not explosive but shows more organic demand building beneath the surface. APT staking also saw some inflows on validators like Everstake and Tortuga, so holders are locking in for the mid-term rather than taking profits during the current pump.

Aptos Surge to $4.90
Aptos Surge to $4.90

This combination of volume backed technicals, on-chain engagement and macro conditions is a rare alignment of the stars. But the crypto market is fast and sharp reversals can happen if macro headlines or Bitcoin dominance changes direction quickly.

Conclusion: APT in Good Shape, But Watch the Floor

The current Aptos surge has all the characteristics of a sustainable breakout, volume confirmation, support retest and broader market tailwinds. If bulls hold the $4.84 floor, APT could target $5.05 and above in the coming days. But a break below the $4.73 channel support would be a warning and possibly a reversion to the previous range.

For now, APT looks like the standout among Layer 1 tokens that are back in motion.

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FAQs

What’s behind the Aptos surge?

A breakout from consolidation with above average volume and repeated confirmation of the $4.84 support is driving the surge.

Why $4.84 is important for APT?

The level has been retested multiple times after the breakout and held so far, providing a base for more upside. A break would negate the bullish setup.

What are the next targets?

Short term traders are looking at $5.05-$5.10, $5.20 if momentum holds and market is positive.

Can macro events impact APT?

Yes. Upcoming CPI and US-China trade talks can impact risk appetite in crypto. Positive outcomes will accelerate upside, negative surprises will dampen.

Glossary

Aptos APT surge: A sustained move up in Aptos (APT) token price with technical and volume confirmation.

Consolidation range: A trading range where price moves sideways, often before a breakout.

Breakout: A move above resistance or below support.

Ascending channel: A bullish chart pattern defined by rising support and resistance levels.

Source

CoinDesk

FXstreet

Coinstats

Coinlive

Disclaimer

The price predictions and financial analysis presented on this website are for informational purposes only and do not constitute financial, investment, or trading advice. While we strive to provide accurate and up-to-date information, the volatile nature of cryptocurrency markets means that prices can fluctuate significantly and unpredictably.

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Omada is an experienced crypto journalist delivering in-depth analysis and insights on the ever-evolving world of cryptocurrency and blockchain. Her expertise spans market trends, regulatory developments, and innovative use cases. She is dedicated to providing accurate and engaging content for crypto enthusiasts and newcomers alike.
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