Let’s step back a bit from the fact that the price reached $14.32 and remember that there is such a thing as a “correction”. For those who have never had anything to do with technical analysis, a brief digression: there is such a thing as a “Fibo retracement” and a normal correction is when the price reaches 0.62-0.705 on the Fibonacci grid.
Now let’s look at Aptos daily chart.
I admit that it will be quite fair if the price corrects to $9-10, after which it continues to grow. Also, I would not rule out that the price may continue to grow without correction to $15-17.
What do you think about this?
- Correction up to $9-10 and then growth
- Growth without correction
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