Aptos (APTUSD) Price Forecast: April 6
There is a possibility for the Aptos (APTUSD) price to hit the $25.00 supply mark despite the uncertainties in the market. This can be achieved provided the bulls exert more force to their tension in the market and the bullish leg extended above the $18.96 high level which might possibly hit the $25.00 upper supply trend line and beyond.
Key Levels:
Resistance Levels: $19.00, $20.00, $21.00
Support Levels: $11.00, $10.00, $09.00
APTOS (USD) Long-term Trend: Bearish (Daily Chart)
Aptos price is in a bearish posture and also trades in a downtrend as though the short traders are involved in its long-term outlook. The price bar can be seen trading below the two EMAs which confirms its downtrend.
The high order flow from the bears at the $11.00 support value during yesterday’s session also added to this bearishness in its recent high.
The coin price on the daily chart today is currently facing resistance and trading at the $11.51 correction level below the moving averages. This is an indication that the bulls are gathering momentum to dominate the market. Further, the rising prices reclaimed more confirmation for a bullish recovery.
Therefore, the current correction phase may likely continue as the momentum indicator points upward, we can now expect the price of APTUSD to hit a significant level of $25.00 at the upper supply trend line in the days ahead in its long-term perspective.
APTOS (USD) Medium-term Trend: Bullish (4H Chart)
APTOS price is moving in an uptrend in the medium-term timeframe, making higher highs and moving toward its major resistance. The price opened lower but managed to trade in green over the past few hours.
The price finds reliable resistance at around the level of $11.51 as the 4-hourly chart resumes today, resulting in intraday gains. Further, the price is trading above the 9-day exponential moving average. This means that buyers are gaining more strength at the present. This gives room for more investors to buy the coin and move higher in the market.
More so, a further jump in the price of APTUSD is likely as shown by the daily stochastic, buyers are now expected to move the crypto up and $25.00 in the upper resistance area might be the target in its medium-term outlook.
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