Aptos (APT) Price Struggles Below $4.50 as Technical Indicators Signal Bearish Momentum
The post Aptos (APT) Price Struggles Below $4.50 as Technical Indicators Signal Bearish Momentum appeared on BitcoinEthereumNews.com.
Tony Kim
Aug 29, 2025 12:40
APT trading at $4.32 (-2.51% in 24h) faces mounting selling pressure despite recent exchange listing and technical milestones on the blockchain network.
Quick Take • APT currently trading at $4.32 (-2.51% in 24h) • Aptos RSI at 44.12 indicates neutral territory with bearish bias • Recent Backpack Exchange listing provides positive catalyst amid technical headwinds What’s Driving Aptos Price Today? The APT price faces downward pressure today despite several positive developments for the Aptos ecosystem over the past week. While Aptos CEO Avery Ching announced the listing of APT on Backpack Exchange on August 22nd, expanding trading accessibility, this fundamental catalyst has yet to translate into meaningful price appreciation. More notably, Aptos achieved a significant technical milestone on August 20th when the network reported sub-100ms block times on its decentralized Layer 1 mainnet. This development demonstrates the blockchain’s technological superiority and positions Aptos as one of the fastest networks in the industry. However, despite these positive fundamentals, the APT price continues to trade below key moving averages, suggesting that broader market sentiment and technical factors are currently outweighing positive news catalysts. The disconnect between positive developments and price action reflects the current crypto market environment where technical momentum often supersedes fundamental improvements in the short term. APT Technical Analysis: Bearish Signals Emerge The Aptos technical analysis reveals mounting selling pressure across multiple timeframes. Aptos’s Daily RSI sits at 44.12, placing the APT RSI in neutral territory but with a clear bearish bias as it approaches oversold conditions. This momentum indicator suggests that selling pressure is building without yet reaching extreme levels. The MACD indicator presents a more concerning picture for APT bulls. With the MACD line at -0.0708 and the signal line at -0.0467, the negative…
Filed under: News - @ August 30, 2025 6:23 am