{"id":428863,"date":"2023-08-11T15:44:58","date_gmt":"2023-08-11T15:44:58","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=428863"},"modified":"2023-08-11T15:44:58","modified_gmt":"2023-08-11T15:44:58","slug":"aptos-price-prediction-apt-coin-skyrockets-similar-to-chimpzee","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/aptos-price-prediction-apt-coin-skyrockets-similar-to-chimpzee","title":{"rendered":"Aptos Price Prediction: APT Coin Skyrockets Similar to Chimpzee"},"content":{"rendered":"

Aptos (APT), through a sudden surge in trading activity during a consolidation phase, has managed to capture the attention of numerous investors. <\/span><\/p>\n

As of 9:32 am EST, <\/span>the token is valued at $3.8<\/span><\/a>, displaying a decline of 3.8% within the previous 24 hours. <\/span><\/p>\n

However, its performance over the week has demonstrated a contrasting trend, boasting an increase of 4.3%.<\/span><\/p>\n

APT Could Break Out of the Consolidation <\/span><\/h2>\n
\"APT\/USD.
APT\/USD. Source: Tradingview.com<\/figcaption><\/figure>\n

The chart displays a falling wedge pattern, indicating increased bullish momentum at the wedge’s apex. This is evident from the pattern’s breakout, followed by consolidation marked by a recent green candlestick.<\/span><\/p>\n

Moreover, the 50-day simple moving average reinforces the bullish sentiment, lending credibility to the upward movement.<\/span><\/p>\n

The upper trendline of the wedge pattern’s strength has compelled the bears to retreat, highlighting their waning impact on the market.<\/span><\/p>\n

If this bullish trend persists, there’s potential for the price to overcome the significant resistance at $8.42 and break out of the consolidation phase. <\/span><\/p>\n

However, the 200-day moving average may pose a challenge for the bulls at $10.21, acting as a resistance point. <\/span><\/p>\n

The present relative strength index (RSI) is 50, implying a neutral stance regarding buying and selling pressure. <\/span><\/p>\n

Nevertheless, the RSI curve hints at a price rebound and a growing count of optimistic market participants, driving the RSI towards overbought levels, approximately around 70.<\/span><\/p>\n

Given this analysis, the combined effect of breaking out from the falling wedge, surpassing the 50-day moving average, and having a robust RSI implies a likely continuation of price appreciation. This could lead to the price reaching $12.75. Conversely, unforeseen market developments could alter this trajectory, potentially causing a retracement toward the previous support level of $6.53.<\/span><\/p>\n

The Chimpzee token offers an exciting opportunity for investors, with its ongoing presale reaching a remarkable milestone. With its low price, investors will enjoy high returns, making it a better alternative to Aptos.<\/span><\/p>\n

Chimpzee Alternative to Aptos <\/span><\/h2>\n

The Chimpzee token (CHMPZ)<\/span><\/a> has achieved impressive success, swiftly reaching significant milestones. As it enters its 9th presale stage, the project has amassed a <\/span>remarkable $1.159 million<\/span><\/a> in funds, surpassing its initial projections.<\/span><\/p>\n

Further, the Chimpzee token offers a unique opportunity for investors to engage in a collective effort that drives the token’s scarcity and potential growth. <\/span><\/p>\n

With a clear roadmap of burning 1 billion tokens at each 200,000 milestone, participants stand to not only benefit from exclusive bonuses tied to their investments but also play an integral role in shaping the trajectory of the token’s value. <\/span><\/p>\n

\n

🌟Join the #Chimpzee<\/a> Challenge to burn 10B tokens and cut supply below 50B!🔥<\/p>\n

🔥 #Chimpzee<\/a> will be burning 1B tokens with each 200K milestone!<\/p>\n

🚀 Boosting the value of $CHMPZ<\/a> #Tokens<\/a>!<\/p>\n

Grab the current bonus for extra FREE $CHMPZ<\/a> tokens! 🎉<\/p>\n

💰 $150 + = 178,471
💰 $250 + =… pic.twitter.com\/jrPudxZC0q<\/a><\/p>\n

— Official Chimpzee Project (@RealChimpzee) August 10, 2023<\/a><\/p><\/blockquote>\n