The Aptos price has significantly increased in the last 24 hours following an announcement of a partnership with crypto exchange MEXC. This collaboration will feature events with a prize pool of 1.5 million USDT.

Overcoming Technical Barriers

The Aptos price surged past the $10.20 resistance and is now trying to flip the $10.89 level into support. If the altcoin clears this threshold, it could continue its ascent. However, sellers keeping the price below $10.89 might lead to a retracement back to $10.20, and further pressure could drag it down to $9.66.

Maintaining Bullish Momentum

Technical indicators on APT’s 4-hour chart suggest the altcoin's bullish trend holds firm. Both the MACD and RSI show positive signs. Although the RSI indicates overbought conditions at 74, its upward slope implies traders are not yet looking to take profits.

Pepe Unchained's Success

While Aptos is drawing in investors, another crypto, Pepe Unchained (PEPU), is successfully closing its fundraising round, raising over $21.5 million. The project aims to release PEPE from Ethereum's constraints by moving to its own Layer 2 blockchain, reducing fees and speeding up transactions, and opening new opportunities in the meme coin space.

The surge in Aptos price highlights its strong position in the market supported by positive technical indicators, while Pepe Unchained achieves significant investment success in its segment.