The cryptocurrency Aptos (APT) has recently achieved a rare 'golden cross' on its price chart, which could indicate potential future price increase.
What is the Golden Cross?
The 'golden cross' is a crossover of a 50-day moving average with a 200-day moving average in an upward direction. This led to a 175% increase in price for Aptos in the past.
APT's History and Previous Achievements
The previous occurrence of the golden cross on the Aptos chart was on December 1st. Subsequently, the price rose by 175%, starting at $6.66 and reaching $19.35 per token.
Comparison with Solana: Can Aptos Achieve More?
Despite the rare crossover and interest in Aptos, the token has only grown by 15.91% since the start of the year. However, with differences in dynamics from Solana, Aptos has the potential for further growth.
Although the current price of Aptos is $10.88, the rare achievement of a 'golden cross' leaves room for speculation and hopes for further growth.