{"id":428546,"date":"2023-08-10T18:45:10","date_gmt":"2023-08-10T18:45:10","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=428546"},"modified":"2023-08-10T18:45:10","modified_gmt":"2023-08-10T18:45:10","slug":"aptos-price-prediction-apt-surging-ahead-but-should-you-consider-btc20-coin-next","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/aptos-price-prediction-apt-surging-ahead-but-should-you-consider-btc20-coin-next","title":{"rendered":"Aptos Price Prediction: APT Surging Ahead, But Should You Consider BTC20 Coin Next?"},"content":{"rendered":"

A<\/span>ptos (APT) bears were taken by surprise as the price of Aptos experienced a sudden and significant surge, indicating the possibility of an ongoing upswing in its value. <\/span><\/p>\n

As of 8:57 am EST, <\/span>the price was observed at $7.41,<\/span><\/a> reflecting a decline of 4.7% over the past 24 hours.
\nThe daily trading volume performance has captivated investors’ interest, boasting an astounding 203.60% uptick. <\/span><\/p>\n

This surge in trading activity has been a driving force behind the notable weekly price escalation of Aptos by 8.5%.<\/span><\/p>\n

APT Price Breakout From a Falling Wedge<\/span><\/h2>\n

\"APTUSD.<\/p>\n

According to the chart, the breakout from the falling wedge pattern and subsequent consolidation allowed the bulls to regroup and push the price higher, as the last green candlestick indicates.<\/span><\/p>\n

This momentum is supported by the breach of the 50-day simple moving average, which further signifies the strength of the bullish sentiment.<\/span><\/p>\n

Moreover, the resilience of the upper barrier of the wedge has forced the bears to retreat, indicating a weakening bearish influence. <\/span><\/p>\n

If the bullish momentum persists, there’s a good chance that the price could overcome the 200-day moving average at $10.19, which has been acting as a resistance point.<\/span><\/p>\n

The relative strength index (RSI) reaching 57 and trending on a sharp spike implies increased buying pressure. <\/span><\/p>\n

This suggests that more market participants are entering the market with a positive sentiment, potentially driving the RSI to the overbought region of 70.<\/span><\/p>\n

Based on the analysis above, the price prediction for Aptos (APT) appears optimistic. <\/span><\/p>\n

The bullish momentum supported by the breakout from the falling wedge, breach of the 50-day moving average, and strong RSI readings suggests that the price may continue to rise, potentially breaking through the $10.19 resistance level to settle at $16.54. <\/span><\/p>\n

However, as with any financial prediction, unexpected developments could impact the price trajectory and force it down to its previous support of $6.55.<\/span><\/p>\n

Investors can now engage with the upcoming crypto project, BTC20, which promises to be a potential gem in the crypto space. <\/span><\/p>\n

Having recently concluded its presale, the token is poised to debut on exchanges at an attractive price. <\/span><\/p>\n

This positioning presents BTC20 as a compelling alternative to Aptos (APT) for those seeking lucrative prospects.<\/span><\/p>\n

BTC20 Alternative to Aptos(APT)<\/span><\/h2>\n

BTC20<\/span><\/a>, an ERC-20 cryptocurrency project, combines Bitcoin’s operational mechanisms with the fast and robust smart contract functionality of the Ethereum blockchain.<\/span><\/p>\n

Its objective is to emulate Bitcoin’s early achievements, providing investors a chance to become part of the project before a potential surge in its price.<\/span><\/p>\n

The presale phase of BTC20<\/span><\/a> concluded successfully, reaching its $6.050 million target. <\/span>This achievement reflects the growing interest from investors in the project and the enthusiastic anticipation within the crypto community as they await the launch of its staking program.<\/span><\/p>\n

\n

🗓 Claiming goes live TODAY 🕒<\/p>\n

You will be able to claim your $BTC20 #Tokens<\/a> directly from our website TODAY at 3pm UTC 🕒.<\/p>\n

A friendly reminder: We recommend keeping around 0.015 $ETH<\/a> on hand to cover the gas fees during the #Claiming<\/a> process.🚀 pic.twitter.com\/IrEu09gUkT<\/a><\/p>\n

— BTC20 (@BTC20Token) August 10, 2023<\/a><\/p><\/blockquote>\n