Aptos (APT) is on a trajectory that could lead to an 80% price increase, driven by a significant surge in trading volume. The price of Aptos has already registered a 43% increase in the past month, and recent developments indicate that further growth may be on the horizon.
On September 30, Aptos recorded a trading volume of just over $100 million. However, this figure has dramatically risen to $507.20 million, indicating an influx of over $400 million in liquidity within just five days. This surge is closely linked to Franklin Templeton's decision to expand its tokenized fund on the Aptos blockchain.
Currently, Aptos is trading at $8.86, reflecting a 6% increase in the last 24 hours. As trading volume rises alongside price, it reinforces a bullish trend. The Ichimoku Cloud analysis further suggests upward potential for APT, with the current price sitting above the cloud, indicating strong support.
Aptos (APT) is approaching a crucial support level at $9, which previously saw the token rise to $18 in March. If this level is breached, it could signal additional gains. With a bullish momentum indicated by the Relative Strength Index (RSI), Aptos could potentially reach $16.75 in the near term, representing an 81% increase. However, profit-taking or reduced buying pressure may hinder this forecast.
