Aptos is Trading -7.94% Below Our Price Prediction for Jul 24, 2023

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

• Aptos is down -5.08% today against the US Dollar
• APT/BTC decreased by -4.41% today
• APT/ETH decreased by -4.84% today
• Aptos is currently trading 7.94% below our prediction on Jul 24, 2023
• Aptos gained 14.10% in the last month and is down -44.24% since 1 year ago

APT price is expected to rise by 8.71% in the next 5 days according to our Aptos price prediction

Aptos price today is trading at $ 7.65 after losing -5.08% in the last 24 hours. The coin underperformed the cryptocurrency market, as the total crypto market cap decreased by -0.32% in the same time period. APT performed poorly against BTC today and recorded a -4.41% loss against the world’s largest cryptocurrency.

According to our Aptos price prediction, APT is expected to reach a price of $ 8.31 by Jul 24, 2023. This would represent a 8.71% price increase for APT in the next 5 days.

APT Price Prediction Chart

Buy/Sell Aptos

What has been going on with Aptos in the last 30 days

Aptos has been displaying a positive trend recently, as the coin gained 14.10% in the last 30-days. The medium-term trend for Aptos has been bearish, with APT dropping by -32.75% in the last 3 months. The long-term picture for Aptos has been negative, as APT is currently displaying a -44.24% 1-year price change. On this day last year, APT was trading at $ 13.73.

Aptos reached its all-time high price on Jan 30, 2023, when the price of APT peaked at $ 19.86. The current APT cycle high is $ 8.32, while the cycle low is at $ 5.48. APT has been displaying low volatility recently – the 1-month volatility of the coin is at 3.51. Aptos recorded 17 green days in the last 30 days.

Aptos technical analysis for today – Jul 19, 2023

The sentiment in the Aptos markets is currently Neutral, and the Fear & Greed index is reading Neutral. The most important support levels to watch are $ 7.33, $ 7.06 and $ 6.66, while $ 8.00, $ 8.40 and $ 8.67 are the key resistance levels.

Neutral sentiment for Aptos

16 indicators are currently signaling a bullish prediction for Aptos, while 7 indicators are showing a bearish forecast. With 70% of indicators favoring a positive prediction. This results in an overall Neutral sentiment for Aptos.

Crypto market is currently experiencing Neutral

Currently, the Fear & Greed index is at 50 (Neutral), which signals that investors have a neutral outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.

Aptos moving averages & oscillators

Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Aptos is positioned in the market right now.

The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Aptos is at 55.87, suggesting that APT is currently neutral.

The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Aptos over the last 50 days. Currently, Aptos is trading below the SMA 50 trendline, which is a bearish signal.

Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the APT closing price for the last 200 days. APT is now trading above the SMA 200, signaling that the market is currently bullish.

The bottom line about this Aptos prediction

After considering the above factors, we can conclude that the current forecast for Aptos price prediction is Neutral. APT would have to increase by 8.71% to hit our $ 8.31 target within the next five days. Moving forward, it will be important to monitor the APT market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term Aptos price predictions click here.

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.