Could APT Bulls Seize Market and Break Current Downward Trend?
According to the price data of Aptos (APT), the price of digital currency has been falling in the past 24 hours, higher than the recent US $10.21. After meeting the historical high of US $10.21, APT encountered great friction resistance, causing it to fall to the current price.
APT fell 5.33% to the bottom of US $9.54.
APT's valuation was US $1240311710, down 5.0%, and 24-hour trading volume was US $1127572323, down 30.18%.
According to the two-hour price data, the Bollinger line index has fallen, reaching 10.1370 in the upper band and 8.8909 in the lower band. This means that the market uncertainty is reduced. APT market shows that the market is on a downward trend and has a downward trend.
In addition, the reading value of the dark blue MACD line is 0.3489, which is inclined to the south and suspended below the power line. In addition, the bar graph is in a negative area, reading -0.0778, indicating a downward trend.
As shown by the relative intensity index (RSI) 60.69, the market is neither overbought nor oversold, which indicates that the price market is likely to move in all directions.
Chaikin Money Flow (CMF) is 0.16. The index value reflects the rising trend in the active region. Therefore, this price chart theme activity shows that both sides are trying to recapture the market again.
In addition, reflecting a proactive trend, the market has exceeded the moving average system. In addition, MA hit 9.5567 on the 5th, higher than 9.5374 on the 20th. This gesture shows the rising handover point, indicating that the market will reverse its position at this stage.
In order to overcome the leadership of empty tickets and block negative fitness activities, both sides should maintain the pressure level and push up the APT price.
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