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As Bear Power Fizzles in APT Market, Indicators Forecast Price Correction

Published 23/01/2023, 14:38
As Bear Power Fizzles in APT Market, Indicators Forecast Price Correction

  • In the last 24 hours, bear grip in APT market pushed price to a low of $12.77

  • Technical indicators alert traders of a near-term favorable comeback.

  • Bulls in APT must break through $14.48 to reach new heights.

Aptos (APT) hits a new 24-hour low of $12.77 as selling pressure from the previous day continues to weigh on the market. During the decline, a recovery encountered stiff resistance at $14.48.

At the time of writing, the bears had successfully pushed the APT price down to $13.50, a drop of 3.61%.

As a result of the Aptos price drop, market capitalization and 24-hour trading volume fell by 3.53% to $2,168,270,334 and 20.47% to $1,753,282,654, respectively. This dip indicates that investor confidence in the APT market is low, leading to a decrease in willingness to invest and trade.

The post As Bear Power Fizzles in APT Market, Indicators Forecast Price Correction appeared first on Coin Edition.

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