By , |Edited by
Jun 23, 2025, 7:23 p.m.
- APT gained 6% on strong momentum.
- The token has established new support around the $3.87-$3.89 zone
Aptos’
token started to bounce back with the wider crypto market, establishing a strong uptrend from $3.84 to $4.08, representing an 8.85% range, according to CoinDesk Research’s technical analysis model.
Read more:
STORY CONTINUES BELOW
The model showed that a clear support zone for APT formed around $3.87-$3.89, validated by high-volume buying.
In recent trading, APT was 6.6% higher over 24 hours at around $4.096. The broader market gauge, the CoinDesk 20, was up 5.3% at publication time.
Technical Analysis:
- Potentially strong support established at the $3.87-$3.89 zone with high-volume buying validation.
- Possible ascending channel formation with progressively higher lows at $4.012, $4.025, and $4.035.
- The resistance level was identified at $4.08-$4.10, and multiple tests suggested continued bullish pressure.
- Consolidation between $4.070-$4.090 indicates potential accumulation before next resistance test.
CoinDesk Analytics is CoinDesk’s AI-powered tool that, with the help of human reporters, generates market data analysis, price movement reports, and financial content focused on cryptocurrency and blockchain markets.
All content produced by CoinDesk Analytics is undergoes human editing by CoinDesk’s editorial team before publication. The tool synthesizes market data and information from and other sources to create timely market reports, with all external sources clearly attributed within each article.
CoinDesk Analytics operates under CoinDesk’s AI content guidelines, which prioritize accuracy, transparency, and editorial oversight. Learn more about CoinDesk’s approach to AI-generated content in our .
Will Canny is an experienced market reporter with a demonstrated history of working in the financial services industry. He’s now covering the crypto beat as a finance reporter at CoinDesk. He owns more than $1,000 of SOL.
Top Stories
