APTOS (APT) has increased by more than 3 % in the past 24 hours and 5.3 % during the past week, but it still has a 13 % decrease in the last 30 days. The move comes before opening the distinguished code of $ 59 million, which is scheduled to provide short -term fluctuation.
Despite the latter recovery, APT continues trading under its monthly level, focusing on the main resistance levels and its support now. Technical indicators began to turn up to the rise, but it is possible that the next conquest and the broader morale in the market are the next main step.
APT was set at $ 59 million – will the price be transferred?
Aptos will open 11.31 million icons tomorrow, at a value of about $ 59 million. This scheduled event is held in 12th every month.
The distribution includes 3.21 million symbols of society, 3.96 million for the basic shareholders, 1.33 million in the institution, and 2.81 million for investors.
Despite these normal cancellation, 43.5 % of the total APT supply is still closed. Future versions remain a major part of the total supply structure of the distinctive symbol.
Historically, these cancellation showed an inconsistent effect on the price of APT. After opening April, the distinctive symbol increased by 3.6 % in 24 hours, while the conquest coincided with a decrease of 7.8 %, indicating that there is no clear pattern of the market reaction.
These mixed results indicate that price movements are likely to be more paid through the broader market morale and trading dynamics more than cancellation.
Although tomorrow’s event may increase the fluctuations in the short term, the previous data shows that it is not a reliable indication of the price direction.
The momentum is preferred to bulls before opening APT
Aptos show signs of renewable strength on its DMI chart, with the ADX (the average direction index) sharply to 29.53 from 17 days ago.
ADX measures the strength of the trend, with values higher than 25 indicates a strong direction. RISING ADX suggests that momentum is a building, even with the transformation of directional ingredients.
+Di at 27.32, below from 33.85 yesterday. -DI decreased sharply to 8.52 from 21.72. The wide gap between them shows that the bulls are still in control, even when the momentum cools slightly.
Ichimoku cloud also supports this opinion. The price is higher than the cloud, which is a bullish sign. The leading green period A turns up, indicating that the trend may continue.
The Blue Tenkan-Sen line is still over Red Kijun-Sen, indicating that the short-term momentum is still stronger than the average direction. In addition, the green Chico period is higher than both the price and the cloud, which confirms the upward feelings.
As the cloud turns green and expanded, the graph indicates that support is enhanced under the current price of the price, adding more confidence to the upward preparation.
Aptos Eyes Golden Cross with major support in focus
The APT EMA structure prepares a potential golden cross, which is a bullish sign that occurs when Emas moves the shortest time higher than that long -term.
This intersection would confirm the increasing upward momentum and can pave the way for an upward move towards the following resistance levels.
If the upward trend continues, APT may try to break over the initial resistance area and may extend up, supported by improving technical morale.
However, the negative risks of play are still. The 5 -dollar level is the main and complex mainly tested support, but if this level fails under the pressure of renewable sale, this may lead to a deeper withdrawal.
In this case, the Apt may decrease towards a $ 4.83 region, and if the declining momentum is condensed, it may follow a decrease to $ 4.44.
Whether the golden cross is achieved and kept it is likely to determine the short -term trend of the distinctive symbol.
Disintegration
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