Aptos Price Analysis Reveals a Magical Price Break Above $10 Mark Is Around the Corner

When Aptos price fell as low as $26.06% in January, everyone thought this coin was beyond saving! At a point, APT price was standing at $5.50. However, investors have been successful in holding the fort. The price hasn’t decreased any further.  

Moreover, there is a sign of a slight recovery as well. It is a great sign for investors. It means the major bulls in the market trading in APTOS are being activated.  

Whether these efforts will bear fruit and whether APT price will improve or not is a different question. What matters is that the coin has got some traction, at least.  

Challenges Ahead  

Currently, Aptos is going through a bearish streak actually (2-day low). But the good part is that the base level of $5.50 is well-defended. So, there are rare chances that the price won’t drop any further, for the moment at least.  

CoinMarketCap came up with some exciting data in this regard. At present, Aptos’ price is $6.32, whereas the intraday trade price points show a spark of 13.42%. In 24 hours, the volume to market cap becomes 6.74%.  

Will Momentum Keep Going?  

Technical charts say that the coin lost its bullish streak after it went below the 50 EMA curve. Immediately after, Aptos faced a price correction. Prices still dropped for 4 days at a stretch, and the range is around $5.50 now.  

However, buyers are actively trying to defend this resistance level. Experts also hope that Aptos will be able to break above the 50 and 200-day EMA. The bottom line is that- Aptos’ price recovery is possible, and it may be around the corner.  

Will it reach $10 soon? Since the resistance level is at $5.5 is low, there are feeble chances that such a magical price point will be touched!