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Aptos

#APT/USDT#APT The price is moving within a descending channel pattern on the 4-hour frame and is expected to break upwards after it has adhered to it to a large extent We have a downtrend on the RSI indicator that is expected to break upwards and we have a trend to stabilize above it We have a major support level in green at a price of 4.86 We have a trend to stabilize above the moving average 100 which supports the rise Entry price 4.80 First target 5.68 Second target 6.28 Third target 7.10
Long
by CryptoAnalystSignal
3
Tether to Launch USDT on Aptos: $APT Price Surges 3% TodayIn a significant development for both Tether and the broader cryptocurrency market, Tether Operations Limited announced plans to launch its U.S. dollar-pegged stablecoin, USDT, on the Aptos Network ( AMEX:APT ). This move marks a strategic expansion for Tether, aimed at leveraging Aptos' cutting-edge blockchain technology, which is renowned for its unmatched speed, scalability, and low transaction costs. Following the announcement, the price of Aptos' native token, AMEX:APT , surged by 3%, signaling strong market approval of the integration. The Strategic Expansion of Tether Tether, the largest stablecoin issuer in the digital assets industry, is consistently expanding its footprint across various blockchain networks. The decision to launch USDT on Aptos is part of a broader strategy to enhance the accessibility and utility of digital currencies globally. Aptos, known for its innovative blockchain infrastructure, has demonstrated significant growth in 2024, making it a prime candidate for Tether’s expansion efforts. Paolo Ardoino, CEO of Tether, expressed enthusiasm about the integration, stating, “Aptos’ innovative technology offers a solid platform for facilitating faster and more cost-effective transactions with USD₮. This collaboration underscores our ongoing efforts to lead with innovation and support our users with stable, reliable financial tools.” The Aptos network ( AMEX:APT ), which has seen its average daily active users grow from 96,000 in January to 170,000 by July 2024, is well-positioned to benefit from the introduction of USDT. The network’s ability to process massive transaction volumes efficiently, coupled with extremely low gas fees, makes it an attractive platform for both developers and users. The integration is expected to enhance the appeal of the Aptos ecosystem, particularly for those seeking reliable and cost-effective financial tools. APT Price Surge and Market Reactions Following Tether’s announcement, AMEX:APT , the native token of the Aptos network, saw a 3% increase, hitting a high of $6 before facing resistance at this psychological level. The token’s trading volume also spiked by 51% within 24 hours, indicating a surge in interest from traders and investors. This price action reflects the market’s optimism about the potential impact of USDT’s integration on Aptos’ overall ecosystem. Industry analysts have noted that the successful integration of USDT could serve as a catalyst for further growth within the Aptos network ( AMEX:APT ). With the total value locked (TVL) in Aptos reaching nearly $400 million, there is speculation that APT’s price could climb even higher, particularly if it breaks through the $6 resistance level. Some traders are drawing parallels with Toncoin, which experienced a significant price rally following its integration with USDT. Implications for the Future of Aptos and Tether The collaboration between Tether and Aptos represents a significant milestone for both entities. For Tether, the expansion onto Aptos allows it to tap into a rapidly growing blockchain network with a strong developer community and robust technical capabilities. For Aptos, the integration of USDT adds a layer of stability and reliability, making the platform more attractive for a wider range of use cases, from microtransactions to large-scale enterprise operations. Mo Shaikh, CEO of Aptos Labs, highlighted the importance of the collaboration, stating, “This collaboration will leverage Aptos’ capability to process massive volumes and rapidly grow its user base. As a member of the Aptos community, I’m looking forward to seeing builders across Aptos’ hefty ecosystem combine strengths with Tether and leverage Move on Aptos to push the boundaries of what blockchain technology can achieve for users globally.” In conclusion, the launch of USDT on Aptos ( AMEX:APT ) is more than just another integration; it is a strategic move that could reshape the dynamics of both platforms. With the potential to drive significant growth and innovation within the Aptos ecosystem, all eyes will be on how this collaboration unfolds in the coming months.
COINBASE:APTUSDLong
by DEXWireNews
3
#Aptos #APT price will repeat the #SUI maneuver?Today, we are talking about #Aptos, which is the counterpart to #Sui which we analyzed yesterday Both projects are followers of the #Diem project from #META, which regulators did not allow making a breakthrough in the crypto world a few years ago. While OKX:SUIUSDT price has already reached a powerful mirror zone yesterday, OKX:APTUSDT seems to have everything ahead of it. When #APT price will be $7.50-8, you may wonder whether it is worth keeping the coin in your crypto portfolio. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
This Aptos Setup Could Trigger a Massive Move – Are You Ready?Yello! Is #Aptos ( AMEX:APT ) gearing up for a breakout, or are we staring at a looming drop? Let's look at the latest analysis of APTUSDT: 💎The current setup has APT compressed within a classic falling wedge pattern—a well-known bullish reversal signal. But why do we believe a breakout might be imminent? The signs are clear: increasing trading volume and a favorable shift in macro market sentiment. 💎Yet, trading isn't just about expectations—it's about preparation. So, what's our Plan B? If Aptos faces rejection at the upper trend line of the wedge, we could see a retest of the critical support zone around $4.87-$5.31. This level has consistently acted as a safety net, rich in liquidity and offering solid support. 💎But what if APT fails to bounce back from this zone? The next level we’re watching is $4.31. Historically, this has been a stronghold for Aptos, with a high probability of a rebound. 💎However, the stakes are high. If Aptos breaks below these key support levels, we might see the bears seize control, leading to a potential bearish continuation. Stay focused, patient, disciplined, and always keep your eyes on the prize MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
4
APTUSDT: Breakout or Breakdown Ahead?Yello, Paradisers! Can #APTUSDT's breakout lead to sustained bullish momentum, or are we in for a pullback? 💎#APT has successfully broken out of its descending resistance with a strong green candle, signaling potential bullish momentum. However, it seems to be facing rejection at the current resistance area, and there is a high probability that the price might retest the demand zone at $6.30 before attempting to break out again and hit our target area. 💎If APT manages to break through the resistance directly without a retest, we could see a continuation of the upward movement, indicating a bullish trend reversal. 💎On the downside, if APT fails to bounce back when retesting the demand zone at $6.30, the price will likely revisit the Bullish Order Block (OB) area around $4.70. This area has significant potential for large orders, which could lead to a substantial rebound. 💎However, if APT fails to sustain itself within the OB area and breaks down, this will validate a bearish scenario, and the price will likely continue downward, signaling a deeper dip. Stay focused, patient, and disciplined, Paradisers! MyCryptoParadise iFeel the success🌴
by MyCryptoParadise_Nathan
2