• Aptos (APT) gains 6% as global crypto market volume surges 40.28%.
  • APT’s market cap climbs to $3.6 billion, reflecting strong investor participation.

The global crypto market cap has reached $3.19 trillion, marking a 0.13% increase in the past day. The total crypto market volume surged 38.95% to $104.15 billion, reflecting rising trading activity. Amid this trend, Aptos (APT) is up 6.02%, trading at $6.27. 

Its market cap climbed 6.07% to $3.6 billion, while its 24-hour trading volume soared 70.92% to $304.32 million. The market cap ratio stands at 8.39%, signaling strong market participation.

Will APT Surge Further?

APT is approaching resistance at $6.36. A breakout could push prices toward $7.00, with further gains likely if momentum holds. However, a failure to sustain current levels may lead to a retracement toward $5.80. If selling pressure increases, APT could drop further to $5.40. The market remains highly reactive to broader crypto trends.

Aptos (APT) Rises 6% as Global Crypto Market Volume Hits $105B image 0

The Relative Strength Index (RSI) stands at 61.46, indicating strengthening bullish momentum. The 14-day RSI average at 47.67 suggests a shift from neutral to positive sentiment. If the RSI remains above 60, further upward movement is likely. The Chaikin Money Flow (CMF) at 0.13 reflects a moderate influx of capital, signalling increased investor interest. A rising CMF trend supports potential price appreciation.

APT has moved above its 50-day moving average, reinforcing its bullish outlook. If it maintains this position, the rally could continue. The RSI moving average crossover confirms positive momentum. However, a reversal could occur if key resistance levels hold.

If APT surpasses $6.36, it may rally toward $7.00, driven by strong volume and increasing market confidence. A failure to break resistance could lead to a drop toward $5.80, where support may stabilize the price. Traders should monitor RSI and CMF trends to gauge momentum shifts.

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