Aptos (APT) saw significant gains on Thursday, Jan. 12, following the release of US Consumer Price Index (CPI) data. The data, which showed a modest easing of inflation, prompted traders to place bets on a possible cooling in US inflation.
This prompted APT to close at $6.4632 with a massive 21.89% gain after consolidating for three days above its previous range resistance and now the $5.1847 support area to $5.3922. As of writing, APT is up 36% in the last 24 hours and a whopping 87.99% for the week.
It has also jumped since the release of US CPI data BitcoinThe world’s largest digital currency by market capitalization climbed above $19,000 for the first time since November 8, and eventually closed with a daily gain of 5.08%.
Aptos (APT) Price Prediction and Technical Analysis
APT’s recent bullish momentum is evident from the cryptocurrency’s 20-day and 50-day EMAs which are approaching each other at $4.6388 and $4.7090, respectively.
apt’s Relative Strength Index (RSI) 81.30 suggests it may be overbought now, however – warning traders to remain vigilant and watch for potential reversal signs. To obtain a more in-depth analysis, investors should closely monitor all movements in price action and trading volume to determine whether volume is confirming or not.
The MACD indicator for APT is also pointing to a bullish trend. The MACD line is currently at 0.4660, while the signal line is at 0.0997. The histogram is also turning positive at 0.3663, which indicates a significant distance between the MACD and the signal line.
APT is currently trading at $7.04 and is rapidly moving towards an important resistance in the $7.1620 to $7.2234 range. If the resistance is not broken, the range of $5.1847 to $5.3922 is a strong support. If APT can decisively overcome its current resistance, then a move towards $10 is a real possibility.
Diversifying Your Crypto Portfolio: Other Options to Consider
By now in 2023, the Crypto Market Is Showing Signs Of Possible Recovery, If you are questioning what is the best crypto to buy today, an excellent exercise can be found in Promising Altcoins During Their Pre-Sale Period, because prices can be lower than they come on the exchanges. Some notable coins worthy of consideration include MMEMAG, FGHT, and TARO – all set to begin trading in the coming months.
Meta Masters Guild (MMEMAG)
The Meta Masters Guild (MMG) is an in-development gaming ecosystem and Web3 guild that connects world-class blockchain mobile games. Players participating in the decentralized platform will be rewarded with MEMAG cryptocurrency for their efforts – and can own their digital assets on a secure blockchain network. With these incentives offered by MMG, gamers are presented with a unique opportunity to unlock value through engaging gameplay.
MMG is building an entire ecosystem that encourages players to invest their money and efforts, promising fair rewards in return. The project comes with three major objectives: an enjoyable gaming experience, sustainable utility, and increased involvement of community members.
The company is dedicated to challenging the unethical practices prevailing in the gaming industry by launching an open and fair network. Players can exchange their currency, items and rewards from games for money or digital assets through its accessible in-game economy. To kick off this initiative, Meta Kart Racers – a PvP/solo racing game developed exclusively for mobile devices – will be the first to be released within the ecosystem.
The MEMAG token pre-sale has gotten off to a successful start, attracting investors and quickly reaching the $100K mark.
Visit the Meta Masters Guild now
Fight Out (FGHT)
Fight Out is an upcoming Move-to-Earn (M2E) app and gym network that incentivizes users to reach their fitness goals with rewards as well as encouraging community connections. With Fight Out you can create customized workout plans, monitor your progress, and team up with other members in challenges – all while exploring an engaging virtual world connected to either local gym.
With Fight Out, members will be able to track their fitness progress in real time with a Soulbound Non-Fungible Token (NFT) avatar. As members reach fitness goals, the digital character will level up and members will be able to use their avatars to battle other users for prizes. The idea is to make staying fit fun and engaging.
By 2023, the company will introduce its groundbreaking gym. Equipped with Web3 technology, the state-of-the-art facility will offer a host of fitness options, including state-of-the-art equipment, studio space and a health bar, as well as multiple co-working spaces. In addition, ‘mirrors’ integrated with smart technology will be available to patrons, allowing them to view their personal fitness stats while receiving feedback on their workouts on the go.
Fight Out provides custom-crafted workout plans, monitoring tools to track progress, and analytics to assess performance. Plus, the Fight Out community will be a spirited hub where members can share their success stories through inspirational content creation and publishing opportunities.
The project has so far raised a remarkable $2.9 million in pre-sale investment of its FGHT tokens; And currently investors can get 50% bonus tokens for being a part of the presale.
Dash 2 Trade (D2T) dashes towards presale close
Dash 2 Trade is set to shake up the trading landscape in February with its innovative cryptocurrency trading analytics and social tracking platform. Offering a full suite of features giving users unparalleled oversight and control, the trading tool will provide traders with powerful resources to make informed decisions as well as connect them to an enthusiastic community.
Dash 2 Trade provides novice traders with the information they need to make sound decisions and become educated, as well as more advanced investors looking to take advantage of automated trading via the Exchange API to enhance their strategies. make capable. Furthermore, its token presale scoring system allows people to gain an early understanding of some of the most attractive tokens available in the market. Key features include real-time sentiment analysis, intuitive tools and cutting-edge analytics within a powerful platform.
Drawing on the 70,000-member international trading community of its parent organization at Learn 2 Trade, Dash 2 Trade has enjoyed an impressive following since its inception. The team will also strive to ensure a seamless experience for the users by actively seeking customer feedback and continuously improving the platform.
Dash 2 Trade’s pre-sale exceeded expectations, raising over $15.4 million, and the D2T token is now available to trade on markets.
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