APT USDT Aptos Technical Analysis

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By Frans van Elst

Aptos logo In this Aptos technical analysis, we will examine the current price action, trading volume, key levels and indicators for APT-USDT. Aptos (APT) is a decentralized blockchain platform that enables the creation of next-generation dApps and decentralized finance (DeFi) protocols. With its innovative consensus algorithm and modular architecture, Aptos aims to provide faster, cheaper, and more secure transactions compared to existing blockchain networks. Additionally, Aptos’ unique feature set includes support for parallel processing, allowing for increased scalability and efficiency in dApp development.

Aptos Price Overview:

As of May 13, 2024, Aptos is trading at approximately 8.48 USDT. Let’s dive into the detailed price action for APT-USDT:

Assess Aptos’s (APTUSDT) risks at 8.48 USDT with bearish technical analysis, highlighting weakened support and cautionary indicators.

Metric Value
Open (O) 8.35
High (H) 8.55
Low (L) 7.91
Close (C) 8.48
Volume (C) 2,268,866.58
  • Open (O): The opening price for today’s trading session was approximately 8.35 USDT.
  • High (H): Aptos reached a daily high of around 8.55 USDT.
  • Low (L): The daily low for APT-USDT was approximately 7.91 USDT.
  • Close (C): At the time of analysis, Aptos is trading near its daily close of 8.48 USDT.
Metric Value
1D Change (%) 1.56%
3D Change (%) 0.24%
7D Change (%) -5.78%
30D Change (%) -3.34%
90D Change (%) -7.87%
YTD Change (%) -9.66%

Over the past three days, APTUSDT has increased by approximately 0.24%, showcasing increased market volatility. Throughout the last week, it continued to decrease, with a loss of around -5.78%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with APTUSDT maintaining a downward trend of approximately -3.34%, despite intermittent fluctuations. Examining the last 90 days, APTUSDT has witnessed substantial decline of approximately -7.87%, reflecting strong long-term confidence. Year-to-date, APTUSDT has steadily decreased by around -9.66%, 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-USDT 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 0.40995.
  • Momentum score is -0.16699.

APT USDT Technical Analysis

Aptos Trading Volume:

The trading volume for Aptos (APT) over the past 24 hours has been significant, with approximately 2,268,866.58 USDT 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-USDT is currently in the low zone, around 40.58423. This suggests that Aptos is in bearish territory.

Analysis from TradingView:

Our Key Takeaways:

Aptos (APT-USDT) is currently exhibiting signs of short-term bearish momentum, with key support and resistance levels in focus. Traders and investors should closely monitor the USDT monthly resistance level and the USDT support level for potential trading opportunities. Additionally, the low RSI and significant trading volume are low signals for potential downward movement.

Assess Aptos’s (APTUSDT) risks at 8.48 USDT with bearish technical analysis, highlighting weakened support and cautionary indicators.

Take your understanding to the next level with our extensive analysis of APT BTC Aptos Technical Analysis; if you enjoyed this post, you’re in for a treat!

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.

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