Aptos’ APT Climbs 7% Amid Strong Bullish Sentiment

Aptos’ APT Rises 7%, Establishes New Support Amid Heavy Trading Volume

Aptos’ APT token jumped 7% over the past day, climbing from $4.34 to $4.62 as strong bullish momentum took hold, according to CoinDesk Research’s technical analysis.

Most of the price gains happened overnight and early morning on August 8, fueled by a surge in trading volume exceeding 12.9 million tokens. This activity pushed APT through several resistance points and helped form a new support zone between $4.61 and $4.66. Resistance now stands at $4.72, limiting further advances for the time being.

During this period, APT’s price fluctuated within a $0.44 range, or about 9.4%, peaking at $4.72. Institutional buyers showed strong interest near $4.36, while a late-session spike of over 126,000 in volume hinted at some profit-taking by larger holders.

Chart patterns reveal ascending lows, which often signal ongoing bullish pressure and the potential for prices to test higher Fibonacci levels around $4.80 to $4.90.

This upswing in APT coincided with a broader market rally, with the CoinDesk 20 Index gaining 3.2% during the same timeframe.

In addition to price performance, Aptos has moved ahead of Solana and Stellar in real-world asset (RWA) tokenization, ranking third globally with more than $719 million locked in RWAs.

At the latest check, APT was trading near $4.62, holding onto its 7% daily gains.