Aptos (APT) is showing signs of renewed bullish momentum, according to analyst Alpha Crypto Signal, after reclaiming a significant horizontal resistance level. The analyst pointed to an uptick in buying volume accompanying this technical recovery, emphasizing it as a key development in the token’s market structure.
Key support retested after correction
APT’s price action over recent weeks illustrates a full market cycle. Following a move above $0.7000, the token experienced a sharp correction, dropping toward the $0.5000 range in late August. Selling pressure declined around this level, leading to a reversal in early September. The price rebounded to approximately $0.6700, although a subsequent pullback kept the token’s value comfortably above August’s lows. At the time of Alpha Crypto Signal’s assessment, APT traded at about $0.6322, positioning the market at a crucial technical pivot.
Analysts see this recovery from the lows as an early sign that buyers are regaining control. Maintaining the critical horizontal area near $0.95 as support will be necessary to confirm a longer-term bullish shift.
The shift from selling to buying momentum suggested that Aptos is at an important technical inflection, but the broader trend depends on whether buyers can defend the recently reclaimed resistance zone.
Signals mixed between RSI, MACD, and derivatives data
Short-term momentum indicators are providing a partly positive outlook. The four-hour Relative Strength Index (RSI) stands at 51.44, suggesting that the market is no longer oversold. This midpoint reading reflects more equilibrium between buyers and sellers rather than a clear dominance.
For bullish traders, sustaining an RSI above this neutral zone could indicate strengthening upward dynamics. However, the Moving Average Convergence Divergence (MACD) currently displays a minor bearish crossover, with histogram bars at -0.00445. This technical reading hints at consolidation or sideways movement, as opposed to an immediate breakout.
Market derivatives statistics reveal a mixed environment. CoinGlass data shows a 25.23% rise in trading volume, bringing total activity to $192.53 million. In contrast, open interest fell by 3.72% to $103.47 million, which could signal reduced leveraged positions and a more cautious stance among market participants.
| Metric | Current Value | Change (%) |
|---|---|---|
| Trading Volume | $192.53 million | +25.23% |
| Open Interest | $103.47 million | -3.72% |
| RSI | 51.44 | N/A |
| MACD Histogram | -0.00445 | N/A |
Native USDC transfers go live on Aptos
Aptos, an emerging Layer 1 blockchain known for its parallel execution engine and focus on high-throughput applications, has recently enabled native USDC transfers through integration with Circle’s Cross-Chain Transfer Protocol (CCTP) V2. This protocol allows users to move USDC seamlessly between blockchains using a burn-and-mint approach, eliminating the need for wrapped stablecoins and reducing liquidity fragmentation.
Mini dictionary: Circle CCTP (Cross-Chain Transfer Protocol) is a permissionless protocol that enables USDC to move directly across supported blockchains via a burn-and-mint mechanism, avoiding the creation of synthetic or wrapped versions of the stablecoin.
This upgrade can improve cross-chain functionality and efficiency on Aptos, making the network more attractive for decentralized finance, payments, and blockchain interoperability use cases.
Path forward relies on holding reclaimed levels
For Aptos to maintain its bullish outlook, the crucial test will be whether it can continue trading above the recently reclaimed horizontal resistance zone, especially as trading volumes increase. This would provide additional confirmation of buyer strength and the sustainability of the recovery.
Traders are closely monitoring RSI, the MACD indicator, and derivative metrics for further validation of the trend. Any dip below the breakout level could undermine optimism, while continued price strength above resistance, alongside network growth, might support further gains.
