Aptos (APT) surged 7.8% to $1.91 over the past 24 hours, outperforming the broader crypto market as institutional flows pushed the token through key technical resistance. The rally comes ahead of a $19.8 million APT token unlock on Dec. 12.
The price advanced from $1.78 to $1.91, with support holding firmly at $1.74, according to CoinDesk Research’s technical analysis. By comparison, the CoinDesk 20 Index rose 5% over the same period.
Trading volume confirmed the breakout, rising 30% above the 30-day average and peaking at 4.83 million tokens — 142% above the 24-hour norm — signaling growing institutional participation.
Technical highlights:
- Support at $1.74; resistance at $1.90
- Ascending channel with higher lows at $1.81, $1.846, and $1.858
- 24-hour activity 30% above monthly baseline
- Next target: $1.90; stop-loss below $1.74
The upcoming token unlock accounts for roughly 1.5% of Aptos’ market cap, a factor traders will closely watch.
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