The Bulls are Surfing Through Moving Averages

The Aptos Foundation has recently announced its plans to give back to the community of users during this holiday season. In an X (formerly Twitter) post, the Foundation has outlined the details of a promotional campaign to get new and seasoned blockchain adventurers in the festive spirit. 

What is the Aptos Ecosystem Fundamentals Quest?

The campaign “Aptos Ecosystem Fundamentals Quest” offers participants a chance to earn unique APT-themed non-fungible tokens (NFTs). This happens by simply interacting with the ecosystem. 

The promotion is designed to leverage the core attributes that make Aptos a promising player in the cryptocurrency industry. Users can earn entries by conducting transactions every day or participating in decentralized applications (dApps) running on the network. 

This offers a low-pressure way for people to get familiar with concepts like smart contracts in a fun, reward-driven setting. For those already comfortable with blockchain basics, the campaign doubles as an opportunity to support projects in the growing Aptos ecosystem. Adding a festive twist to cryptocurrency engagement, the Foundation also offers festive prizes. 

Crypto Made Fun and Games

There is even a one-of-a-kind NFT reserved for the most enthusiastic supporter. The Foundation’s promotion proves that cryptocurrency doesn’t have to be all work and no play. By building experiences around real-world traditions, they’re making blockchain feel more accessible with each transaction. 

To participate, simply conduct activities on Aptos, like checking out featured dApps or completing a transaction. The wallet will automatically track all engagements for entry tickets into the prize drawings. Winners will be announced throughout December.

Prediction of APT Coin Price 

APT coin price is currently trading at the level of $7.55 after the bulls took over at the resistance level of $7.93. The current bullish strength is situated upon the moving averages as the bulls are continuously taking support from them. 

APT Coin Price: The Bulls are Surfing Through Moving Averages

The 50-day EMA is at the level of $6.94 while the 150-day EMA is at the level of $6.76. Moreover, the RSI is indicating a bullish strength after rising above the neutral zone. Currently, the RSI is at 56 while its SMA is at 53.

PivotClassicFibonacciCamarillaWoodie
S32.90235.07666.38063.7204
S25.07665.90726.57995.0102
S16.02766.42046.77925.8947

Conclusion

The campaign “Aptos Ecosystem Fundamentals Quest” offers participants a chance to earn unique APT-themed non-fungible tokens (NFTs). The promotion is designed to leverage the core attributes that make Aptos a promising player in the cryptocurrency industry. The current trading action for the APT coin is bullish as the bulls are taking support from their moving averages.

Technical Levels

  • Support Levels: $6.01 and $4.89
  • Resistance Levels: $7.93 and $9.49
Disclaimer

The views and opinions stated by the author, or any people named in this article, are for informational purposes only. They do not establish financial, investment, or other advice. Investing in or trading in stocks, cryptos or related indexes comes with a risk of financial loss.

Source: https://www.thecoinrepublic.com/2023/12/07/apt-coin-price-the-bulls-are-surfing-through-moving-averages/