The Aptos (APT) market has been increasing steadily over the last day, and its bulls have managed to raise the bar higher by 10.22%, valuing the stock at $4.75
Aptos establishement as the preferred platform for creating top-notch decentralized applications(dApps), is bolstering this upswing . The 12.10% increase in market capitalization to $616,007,402 and the 16.68% increase in 24 hour trading volume to $150,867,742 also contribute to this upturn.As market volatility rises, Bollinger bands enlarge, which is a bullish sign. This move is plainly seen on the APT 1-hour price chart, where the upper band contacts at 4.8618 and the lower band touches at 4.2471. This robust growth is being reinforced by the APT price swings towards the upper Bollinger band, which foresees continued bull dominance.
Given that the Relative Strength Index (RSI) is currently reading 66.13, which is neither in overbought nor oversold territory, prolonged bull dominance is set to continue. The MACD is advancing above the signal line with a reading of 0.0999, which is a bullish crossing that is contributing to this bull run. This upturn is also corroborated by the MACD blue line’s trajectory and the histogram’s position in the positive region