Since October 23, the price of Aptos (APT) has been in the downward parallel channel. This downward parallel channel generally includes calibration exercises. If this is the case with APT, it is possible to get rid of the channel.
On the other hand, neither frictional resistance nor support position can be certified. In addition, APT's price may also fall in the middle of the smaller way. If this happens, it may block the probability of the track from lifting.
At this stage, APT's important application area is 8.65 dollars. This is not only the return of 0.5 Fiji to the applicable area, but also the applicable area of the standard. All crashes below this level will speed up their descent.
The peak position of APT gives a positive and optimistic forecast analysis of digital currency. Since October 21, APT seems to have achieved five waves of fitness exercises. Later, movement in the channel may be a W-X-Y calibration construct. The structure length shows that the reduction may be real.
If so, it may represent the improvement of the channel, which may cause APT's price to rise. The first potential overall target for this increase may be $11.42.
According to the data of CoinMarketCap, after the price rose 0.83% in the past day, the current transaction price of APT is 9.25 dollars. In addition, the digital currency also rose 23.87% last week and 10.33% in the past 30 days.
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