Aptos’ APT Declines 4% Amid Crypto Market Pullback

Aptos’ APT dropped 4% during the 24-hour trading period, fluctuating within a 10% range, as per RialCenter’s technical analysis model.

The token reached a session high of $4.80 and a low of $4.38, initially climbing to $4.80 before sharply declining to $4.43 by morning, then stabilizing around $4.45 with modest recovery signals in the final trading hour, according to the model.

Notable volume-backed support emerged around the $4.38-$4.41 price zone, where institutional buying was observed, with the last hour showing recovery momentum toward $4.45, indicating potential market stabilization after a 9% decline from peak to trough, as stated in the model.

The APT drop coincided with a broader decline in the cryptocurrency market, with the general market index, the Coindesk 20, down 3.2%.

In recent trading, Aptos was 3.7% lower over 24 hours, trading around $4.43.

On the news front, the EXPO2025 digital wallet, powered by Aptos, saw half a million new accounts and 4.4 million transactions, according to recent updates. Meanwhile, DeFi lending protocol Aave recently launched on Aptos, marking Aave’s first deployment on a non-EVM (Ethereum Virtual Machine) compatible blockchain.

Technical Analysis:

• Exceptional trading volume of 6.6 million during the 19:00 hour supported the initial rally, followed by sustained volume support around $4.38-$4.41.
• Clear ascending channel formation with successive higher lows at $4.39, $4.42, and $4.45 during the recovery phase.
• Three distinct volume-driven rallies during the final hour broke above the $4.41 resistance level.
• Strong institutional buying interest emerged in the $4.38-$4.41 zone, establishing key support following a 9% drop from the peak.
• The next psychological resistance level was identified at $4.50 following a successful breakout above $4.41.

Disclaimer: Parts of this article were generated with the assistance of AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see RialCenter’s full AI Policy.