Why Aptos’ (APT) Uptrend Depends on the $7.85 Support
APT may form a support at $7.85, a trader pointed out on X. There has been a bullish crossover that could take APT beyond the $7.18 resistance. Should buying pressure continue, APT may reverse from its slight drawdown. A month ago, the value of Aptos (APT) flipped the $7.20 psychological area. However, the notable gains the token provided resulted in massive profit-taking from holders of the cryptocurrency. As a result, the APT price plunged and was trading at $7.03. Before the jump back above $7, APT fell as low as $6.48. But it was around the same point that support formed, triggering an uptick to $7.12 on November 4. While the price has now declined, crypto investor and trader Crypto Tony opined that there was no reason to fret. According to Tony, it could be a wise decision to open a long position for APT. However, in his post on X (formerly Twitter), he noted that there are conditions to the projected price rise. $APT / $USD ...
