APT Price Struggles at $4.61 as Technical Indicators Flash Mixed Signals
The post APT Price Struggles at $4.61 as Technical Indicators Flash Mixed Signals appeared on BitcoinEthereumNews.com.
Peter Zhang
Jul 31, 2025 06:00
Aptos (APT) trades at $4.61 with 1.14% daily gains, but bearish MACD and RSI below 50 suggest caution despite recent recovery attempts from key support levels.
Quick Take • APT currently trading at $4.61 (+1.14% in 24h) • Aptos’s RSI at 43.20 indicates neutral momentum with slight bearish bias • Recent 6.56% decline on July 24 followed by 3.96% drop on July 28 shows ongoing selling pressure What’s Driving Aptos Price Today? The APT price has been under pressure over the past week, with significant declines marking the cryptocurrency’s recent performance. On July 28, Aptos experienced a 3.96% decline that brought the token to $4.68, as bearish technical signals began to override what had been building bullish momentum earlier in the month. The selling pressure intensified following a 6.56% drop on July 24, when APT tested critical support levels around $4.67. These movements appear to be primarily technical in nature, driven by profit-taking activities and momentum shifts rather than fundamental developments within the Aptos ecosystem. The current APT price of $4.61 represents a modest recovery from recent lows, with today’s 1.14% gain suggesting some stabilization. However, the broader weekly trend remains negative, with technical indicators painting a mixed picture for short-term price direction. APT Technical Analysis: Bearish Momentum Builds Despite Neutral RSI The Aptos technical analysis reveals concerning signals across multiple timeframes. APT’s RSI currently sits at 43.20, placing it in neutral territory but with a slight bearish lean. While this RSI level doesn’t indicate oversold conditions, it suggests weakening bullish momentum compared to previous weeks. The MACD indicator for Aptos presents a more concerning picture, with the main line at -0.0595 and a histogram reading of -0.0745, confirming bearish momentum. This divergence between the MACD…
Filed under: News - @ August 1, 2025 12:25 pm