Aptos (APT) has reclaimed a major horizontal resistance zone, signaling renewed bullish momentum according to crypto analyst Alpha Crypto Signal. The recovery is supported by expanding buying volume, with the price climbing from a late-August low near $0.50 to approximately $0.6322. Momentum indicators show a balanced market, with the four-hour RSI at 51.44 and a slight bearish MACD crossover. Derivatives data reveals a 25.23% volume increase to $192.53 million, while open interest fell 3.72% to $103.47 million. Additionally, Aptos enabled native USDC transfers via Circle’s Cross-Chain Transfer Protocol V2, boosting ecosystem development.
Aptos (APT) is showing signs of renewed bullish momentum after reclaiming a major horizontal resistance zone, according to crypto analyst Alpha Crypto Signal. The analyst highlighted the recovery as an important technical development as buying volume expanded alongside the move.
The broader price structure on APT shows a complete market cycle. The token initially climbed above $0.70 before a steep correction produced a series of lower lows, bringing it toward the $0.50 area in late August.
September brought a notable recovery, with APT climbing toward approximately $0.67. A modest pullback has left the price near $0.6322 at the time of analysis.
Momentum indicators reflect a transition from bearish weakness. The four-hour Relative Strength Index stands at 51.44, showing recovery from oversold conditions, while the Moving Average Convergence Divergence displays a slight bearish crossover with red histogram bars at -0.00445.
Market derivatives data presents a mixed picture. According to CoinGlass, APT’s trading volume increased 25.23% to $192.53 million. However, open interest dropped 3.72% to $103.47 million.
Beyond technical factors, Aptos has enabled native USDC transfers through Circle’s Cross-Chain Transfer Protocol (CCTP) V2, as stated by Aptos. The integration allows USDC to transition between supported blockchain networks via a burn-and-mint system, minimizing liquidity fragmentation.
The next challenge for APT is whether bulls can hold prices above the reformed horizontal resistance area around $0.95. Increased volumes and sustained positioning above that level could indicate further upward movement.
