Aptos (APT) Price Prediction 2023 — Will APT Hit $25 Soon?
- Bullish APT price prediction is $14.9854.
- Aptos (APT) price might also reach $25 soon.
- Bearish APT price prediction for 2022 is $3.0616.
In Aptos (APT) price prediction 2023, we use statistics, price patterns, RSI, RVOL, and other information about APT to analyze the future movement of the cryptocurrency.
Aptos (APT) Current Market Status
Current Price
$12.23
24 – Hour Trading Volume
$1,084,001,116
24 – Hour Price Change
50.7% up
Circulating Supply
159,553,039
All – Time High
$13.73 (On October 19,2022)
What is Aptos (APT)?
APT is the native crypto token of the Aptos blockchain. Aptos is a layer-one blockchain that was developed by Aptos Labs. The Aptos mainnet was launched on October 17, 2022, by Aptos Labs.The Aptos network uses a proof-of-stake (PoS) consensus algorithm, which requires validators to have a minimum amount of staked Aptos tokens in order to participate in transaction validation.
Aptos (APT) Price Prediction 2023
Aptos (APT) holds the 33rd position on CoinGecko right now. APT price prediction 2023 is explained below with a daily time frame.
The above chart of Aptos (APT) laid out a Elliott Wave : Motive phase pattern. The two categories of Elliott’s waves are “Motive” and “Corrective.” Corrective waves are price movements that are the opposite of the main trend, while motive waves are price movements that follow the main trend.
Currently, Aptos (APT) is in the range of $12.1695 If the pattern continues, the price of APT might reach the resistance levels of $16.3218 and $24.3841. If the trend reverses, then the price of APT may fall to $8.9723 and $7.0768.
Aptos (APT) Support and Resistance Levels
The chart below shows the support and resistance levels of Aptos (APT).
From the above daily time frame, we can clearly interpret the following as the resistance and support levels for Aptos (APT).
| Resistance Level 1 | $14.9854 |
| Support Level 1 | $8.2903 |
| Support Level 2 | $5.5483 |
| Support Level 3 | $3.0616 |
The charts show that Aptos (APT) has performed a bullish trend over the past month. If this trend continues, APT might run along with the bulls overtaking its resistance level at $14.9854
Accordingly, if the investors turn against crypto, the price of Aptos (APT) might plummet to almost $3.0616, a bearish signal.
Aptos (APT) Price Prediction 2023 — RVOL, MA, and RSI
The Relative Volume (RVOL) of Aptos (APT) is shown in the chart below. It is an indicator of how the current trading volume has changed over a period of time from the previous trading volume. Currently, the RVOL of APT lies above the cutoff line, indicating strong participants in the current trend.
Also, the Moving Average (MA) of Aptos (APT) is shown in the chart above. Notably, Aptos (APT) price lies above 50 MA (short-term), so it is in an uptrend. Currently, APT has entered a bullish state. Therefore, there is a possibility of a reversal trend of APT at any time.
Meanwhile, the relative strength index (RSI) of the APT is 79.67. This means that Aptos (APT) is in an overbought state. However, this means a major price reversal of APT may occur in the upcoming days. So, traders need to trade carefully.
Aptos (APT) Price Prediction 2023 — ADX, RVI
Let us now look at the Average Directional Index (ADX) of Aptos (APT). It helps to measure the overall strength of the trend. Specifically, the indicator is the average of the expanding price range values. This system attempts to measure the strength of price movement in the positive and negative directions using DMI indicators with ADX.
The above chart represents the ADX of Aptos (APT). Currently, the ADX of APT lies in the range of 46.0446 and thus, it indicates a very strong trend.
The above chart also represents the Relative Volatility Index (RVI) of Aptos (APT). RVI measures the constant deviation of price changes over a period of time. The RVI of APT lies above 50, indicating high volatility. In fact, the RSI of Aptos (APT) is at 79.67 thus confirming a potential sell signal.
Comparison of APT with BTC, ETH
The below chart shows the price comparison between Bitcoin (BTC), Ethereum (ETH), and Aptos (APT).
Aptos (APT) Price Prediction 2024-2030
Numerous factors are taken into account when forecasting prices including volume changes, price variations, market cycles, and similar coins. Let’s predict the price of Aptos (APT)) between 2024 and 2030.
Aptos (APT) Price Prediction 2024
If the declining price action completely slows down in momentum and the trend reverses, Aptos (APT) might probably attain $35 by 2024.
Aptos (APT) Price Prediction 2025
With several upgrades in the network, Aptos (APT) might enter a bullish trajectory. If the coin grabs the attention of major investors, APT might rally to hit $45 by 2025.
Aptos (APT) Price Prediction 2026
If Aptos (APT) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 3 years, APT would rally to hit $55
Aptos (APT) Price Prediction 2027
If Aptos (APT) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 4 years, APT would rally to hit $65
Aptos (APT) Price Prediction 2028
If Aptos (APT) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 5 years, APT would rally to hit $75
Aptos (APT) Price Prediction 2029
If Aptos (APT) holds up a strong stance as a better investment option for the next 6 years amid the trends in the highly-volatile crypto market. By driving significant price rallies, APT would hit $85 in 2029.
Aptos (APT) Price Prediction 2030
If investors flock in and continue to place their bets on Aptos (APT), it would witness major spikes. APT might hit $95 by 2030.
Conclusion
With continuous improvements in the Aptos network, we can say that 2023 is a good year for APT. For this reason, the bullish price prediction of Aptos (APT) in 2023 is $11.6217. On the other hand, the bearish price prediction of Aptos (APT) price prediction for 2023 is $3.4559.
Furthermore, with the advancements and upgrades to the Aptos ecosystem, the performance of APT would help to reach above its current all-time high (ATH) of $13.73 very soon. But, it might also reach $25 if the investors believe that APT is a good investment in 2023.
FAQ
APT is the native crypto token of the Aptos blockchain. Aptos is a layer-one blockchain that was developed by Aptos Labs.
Aptos (APT) has been listed on many crypto exchanges which include Binance, Upbit, DigiFinex, OKX, Gate.io.
With the ongoing developments and upgrades within the Aptos platform, APT has a high possibility of reaching its ATH soon.
On October 19, 2022 Aptos (APT) reached its new all-time high (ATH) of $13.73.
Aptos (APT) seems to be one of the top-gaining cryptocurrencies this year. According to the recorded achievements of Aptos in the past few months, APT is considered a good investment in 2023.
Aptos (APT) is one of the active cryptos that continues to maintain its bullish state. Eventually, if this bullish trend continues then Aptos (APT) will hit $25 soon.
Aptos (APT) price is expected to reach $35 by 2024.
Aptos (APT) price is expected to reach $45 by 2025.
Aptos (APT) price is expected to reach $55 by 2026.
Aptos (APT) price is expected to reach $65 by 2027.
Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.
Read more: https://thenewscrypto.com/aptos-apt-price-prediction-2022-will-apt-hit-10-soon/
Text source: TheNewsCrypto – Blockchain & Cryptocurrency News M
