In this Aptos technical analysis, we will examine the current price action, trading volume, key levels and indicators for APT-BTC. Aptos is a decentralized cryptocurrency that utilizes a proof-of-stake consensus algorithm, which allows for faster and more energy-efficient transactions compared to traditional proof-of-work algorithms. Aptos also features a unique governance system that enables holders of the cryptocurrency to vote on proposals for its development and growth. With its innovative technology and decentralized governance structure, Aptos is poised to become a leader in the rapidly growing cryptocurrency market.
Aptos Price Overview:
As of October 02, 2023, Aptos is trading at approximately 0.0002 BTC. Let’s dive into the detailed price action for APT-BTC:
| Metric | Value |
|---|---|
| Open (O) | 0.0002 |
| High (H) | 0.00021 |
| Low (L) | 0.00019 |
| Close (C) | 0.0002 |
| Volume (C) | 47,556.90 |
- Open (O): The opening price for today’s trading session was approximately 0.0002 BTC.
- High (H): Aptos reached a daily high of around 0.00021 BTC.
- Low (L): The daily low for APT-BTC was approximately 0.00019 BTC.
- Close (C): At the time of analysis, Aptos is trading near its daily close of 0.0002 BTC.
| Metric | Value |
|---|---|
| 1D Change (%) | -3.63% |
| 3D Change (%) | -2.72% |
| 7D Change (%) | -7.74% |
| 30D Change (%) | -9.38% |
| 90D Change (%) | -21.73% |
| YTD Change (%) | -6.40% |
Over the past three days, APTBTC has dropped by approximately -2.72%, showcasing increased market volatility. Throughout the last week, it continued to decline, with a loss of around -7.74%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with APTBTC maintaining a downward trend of approximately -9.38%, despite intermittent fluctuations. Examining the last 90 days, APTBTC has witnessed substantial fall of approximately -21.73%, reflecting strong long-term confidence. Year-to-date, APTBTC has steadily declined by around -6.40%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.
Aptos Live Chart:
You can access a live price chart for APT-BTC on various cryptocurrency market websites or trading platforms. These charts provide real-time data, allowing you to track price movements and indicators as they evolve.
Price Volatility and Momentum:
- Volatility score is 0.3432.
- Momentum score is -0.09376.
APT BTC Technical Analysis
Aptos Trading Volume:
The trading volume for Aptos (APT) over the past 24 hours has been insignificant, with approximately 47,556.90 BTC traded against APT. Elevated trading volume often indicates increased market activity and can be an essential factor to consider in technical analysis.
Moving Averages:
- 50-day Simple Moving Average (SMA): APT is currently trading below the 50-day SMA, indicating short-term bearish momentum.
- 200-day Simple Moving Average (SMA): Aptos is also trading below the 200-day SMA, indicating a negative long-term outlook.
Relative Strength Index (RSI):
- The RSI30 for APT-BTC is currently in the low zone, around 41.62124. This suggests that Aptos is in bearish territory.
Analysis from TradingView:
Our Key Takeaways:
Aptos (APT-BTC) is currently exhibiting signs of short-term bearish momentum, with key support and resistance levels in focus. Traders and investors should closely monitor the BTC monthly resistance level and the BTC support level for potential trading opportunities. Additionally, the low RSI and insignificant trading volume are low signals for potential downward movement.
Disclaimer: The information provided herein, including any technical analysis of cryptocurrencies, is for informational and educational purposes only. It should not be considered as financial advice or a recommendation to buy, sell, or hold any cryptocurrency or make any financial decisions.
Cryptocurrency markets are highly volatile and speculative. Past performance is not indicative of future results, and there are no guarantees of profit or protection against losses. Cryptocurrency investments are subject to significant risks, including but not limited to market fluctuations, regulatory changes, and technological vulnerabilities.
Technical analysis involves the use of historical price and volume data, patterns, and indicators to make predictions about future price movements. It is a subjective and speculative approach to market analysis and should not be the sole basis for making investment decisions.
