Aptos’ APT Falls 4% as Crypto Markets Retreat
Support has formed in the $4.38-$4.41 zone, with resistance at $4.50.
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Support has formed in the $4.38-$4.41 zone, with resistance at $4.50.
The AAVE price jumped 19% to $355.29 as following Aave going live on Aptos, Jerome Powell’s dovish comments on Friday and a rumor about Aave’s alleged exposure to the WLFI token.
The token has potentially found strong support between the $3.87-$3.89 zone with high-volume buying validation.
The token broke through the psychological $5 resistance level on significant trading volume.
Support at $4.84 held through subsequent retests suggesting potential continuation of the uptrend.
APT shows resilience after sharp correction, with signs of accumulation emerging near $4.55 as traders eye recovery amid global economic uncertainty.
Losses in crypto markets mirrored those in U.S. equities after lesser-than-expected earnings from technology stalwart Nvidia failed to wow investors.
The cryptocurrency market once again demonstrated its heightened volatility, with a sharp 7.9% decline in the last 24 hours, bringing … Continue reading
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The Aptos co-founder is sticking around as a strategic adviser, though.
The integrations aim to boost global payments and decentralized finance on the Aptos network.