The post Will Bulls Push Past Consolidation? appeared on BitcoinEthereumNews.com.

Aptos surges 13.40%, breaking key resistance as bullish momentum strengthens. RSI at 46.56 signals weak momentum, but MACD hints at a bullish crossover. APT could hit $14.50 by 2025 if bullish trends sustain, per price forecasts. Aptos (APT) has witnessed a strong surge, breaking past key resistance levels as bulls attempt to maintain momentum.  The cryptocurrency’s price has climbed to $6.35, reflecting a 13.40% increase in the last 24 hours. With a market cap of $3.73 billion, marking a 13.44% rise, and trading volume soaring by 41.66% to $261.55 million, investors are showing increased interest in APT.  Aptos Price Action: Bullish Shift or Consolidation Continuation? This trend suggests a shift from previous bearish patterns to a potentially bullish breakout. However, price action remains within a consolidation phase, making key support and resistance levels crucial in determining the next move. APT initially experienced a downward trend, forming a bearish phase before reversing sharply. This bullish reversal indicates strong buying pressure, with the price making higher highs and higher lows.  If this momentum continues, Aptos could extend its gains and challenge higher resistance levels. However, a pullback remains possible, especially if profit-taking occurs at current levels. Key Aptos Support Levels to Monitor The immediate support zone for APT is at $6.00, where buyers have previously stepped in to stabilize the price. Below this, $5.75 serves as another support level that played a key role in previous consolidation phases. If selling pressure intensifies, the final major support stands at $5.60, the lowest point before the recent bullish surge. Turning to the upside, the $6.35 level is a crucial resistance. A break above this could open the door for further gains toward $6.50 and possibly $6.75. Overcoming these levels would signal strong bullish momentum, pushing APT into a higher trading range. Related: Fantom, BitTensor,…

---

Filed under: News - @ February 19, 2025 6:21 pm