• Aptos (APT) is a layer-one blockchain with a proof-of-stake consensus algorithm.
• Aptos (APT) current market status is $13.06 and the all-time high was on January 26th, 2023 at $19.92.
• According to analysis, Aptos (APT) price prediction for 2023 ranges from $14.6858-$20.4338, and could reach up to $25 soon.
What is Aptos (APT)?
Aptos (APT) is the native crypto token of the Aptos blockchain which was developed by Aptos Labs and launched on October 17th, 2022. The network uses a proof-of-stake consensus algorithm which requires validators to have a minimum amount of staked APT tokens in order to participate in transaction validation.
Aptos (APT) Current Market Status
Currently, Aptos (APT) holds the 32nd position on CoinGecko and its 24 hour trading volume is $547,489,834 with 1.7% high price change from the previous day’s closing price of $13.06 . The all time high of APT was recorded as 19.92 USD on January 26th 2023 according to CoinGecko data.
Aptos (APT) Price Prediction 2023
Price prediction for 2023 ranges from a low of 8.9260 USD to highs of 14.6858 USD and 20.4338 USD respectively as analyzed by using statistics, price patterns, RSI, RVOL and other information about APT . Moreover there are chances that APT might reach 25 USD soon if trend reverses positively as per market analysis .
Aptos (APT) Support & Resistance Levels
The chart below shows the support and resistance levels of Aptos (APT). From the above daily time frame we can interpret following levels for support & resistance : Resistance Level 1 – 14.6858 USD , Resistance Level 2 – 20 . 4338 USDSupport Level 1 – 11 . 4307 USDSupport Level 2 – 8 . 9260 USD
Conclusion
The falling wedge pattern indicates an upcoming bullish trend reversal in case of Apto’s APT crypto token , so it’s worth investing in this crypto token if you want to make gains out of it in near future while observing safety measures related with cryptomarkets as well