In the last 24 hours, Aptos (APT) has shown a notable 7% increase, according to CoinDesk Research’s technical analysis, rising from $4.34 to $4.62. This momentum was supported by high trading volumes.
Price Movements and Increased Trading Volume
According to the technical model, Aptos’ most active period was early August, witnessing trading volumes exceeding 12.9 million units. This sudden rise allowed the asset to surpass a series of resistance levels and establish new support zones at the $4.61-$4.66 range.
Technical Analysis and Trend Overview
In the last 24-hour period, APT’s price range was noted at $0.44, with percentage fluctuation of 9.4%. Significant institutional buying was detected around the $4.36 mark. Technical indicators revealed a meaningful sell resistance at the $4.72 level, sparking buy-sell movements triggered by trading volume.
Global Ranking in RWA Tokenization
Aptos also achieved significant success in RWA tokenization, the digitalization of real-world assets. With total value locked exceeding $719 million, Aptos surpassed Solana and Stellar, elevating to third position globally.
The rise in Aptos’ price, influenced by the overall market upswing, reflects general trends in the cryptocurrency sector. However, experts continue to monitor technical indicators and trading volume closely.
