- APT marked its all time low (ATL) recently.
- Creators hint at some new updates for the coming year.
- A tweet reveals partnership with Metapixel.
Aptos (APT) marked its ATL at $3.09 in the past week, but several new disclosures have held the prices high for the bulls to take over. In its recent tweet, Aptos Labs hinted to the fans about some creative updates they can expect in some days. This got all holders pondering and attracting new and curious holders towards the token.
Creatives run the world
Something is coming, stay tunedpic.twitter.com/ndEJIVKta0
— Aptos (@Aptos_Network) December 29, 2022
As per the recent post by Metapixel, Aptos network and they have shaken hands to partner for the next level of web3 gaming. Fans hope for gigantic developments and new ventures to launch relating to this alliance.
The perfect partnership for next-level web3 gaming. @METAPIXEL
@Aptos_Network pic.twitter.com/zIiH82dtkH
— METAPIXEL (@METAPIXEL) December 30, 2022
The Char-t-ale
APT prices are seen forming a pennant pattern and reaching the end. With pressure on the volume for a long time, a rise was observed at ATL. If prices can successfully sustain above the breakout level of $4.0, a bullish momentum can be established, which may send prices to surge up near $8.5. If both the EMAs, currently hovering above the present prices, are breached, holders can expect a strong swing.
A study of prices with indicators suggests that prices break the prevailing pattern and start rising. The CMF rises and slopes up, indicating the uptrend. The receding sellers in MACD suggest a change in regime and buyers taking control in future. RSI lying at the foot ranges reflects that, at present, sellers dominate.
The peephole
The 4-hour time frame shows prices rising gradually. The CMF holds a spot near the baseline and slopes up to indicate a future rise. The MACD sees ascending buyers and rising interests in APT. The RSI is influenced by the buyers and rises to the higher ranges near the average mark. They show that prices are prepared to rally.
Conclusion
Aptos’s new collaborations and updates act like a magnet, attracting users. In response, APT prices may skyrocket and bear heavy returns for the holders. A support zone of $3.0 is suggested to invest in the token.
Technical levels
Support levels: $3.0 and $1.0
Resistance levels: $7.5 and $10.0
Disclaimer
The views and opinions stated by the author, or any people named in this article, are for informational ideas only, and they do not establish financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.
Source: https://www.thecoinrepublic.com/2022/12/31/bulls-to-rescue-falling-apt-prices-may-rise-in-honor/