Aptos (APT), one of the few cryptocurrencies on the crypto market that has seen a rapid rise in recent years, is Aptos. After a dramatic rise of almost 400% since 2023, Aptos token seems to have reversed its course in February. It fell by more than 30% from its peak of $20 January 30.
Price Breakout for APTOS (APT).
The altcoin has experienced a roller-coaster ride ever since its inception and currently has a market capital of $2.3 billion. Few crypto experts believe that the token is poised to rise and could reach new highs in the days ahead.

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A recent analysis by Nebraskan Gooner, a cryptocurrency expert, shows that APT’s price could be on the verge if it breaks through support. There is potential for a significant price increase for the flagship cryptocurrency if the resistance level is broken. He also mentions a developing inverse head-and-shoulders pattern that could be bullish for new blockchain protocol.

#APT added to my watchlist for tomorrow. It is hoped it hasn’t already mooned by then. Sitting right at support pic.twitter.com/vWqSDBaGHB
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— Nebraskangooner (@Nebraskangooner) February 19, 2023
APT Price To Reach New High?
Matthew Dixon, Evai’s CEO, has shared a similar viewpoint to Gooner. His research shows that the favorable prognosis of APT has not changed. Therefore, he will continue to hold his long position on the token, even though it has been quite some time since he last traded it. The analyst still expects APTOS to hit a new record high, despite the fact the move from the top up appears to be corrective.

This is a reproduction of my old chart from #APTOS. The outlook has not changed and I am still long this token. As the arrow shows, I still expect $APTOS to rise and that’s what I am trading for. #Evai pic.twitter.com/1VqKZ3dNXB
— Matthew Dixon – CEO Evai, @mdtrade February 19, 2023

Dixon responded to a question regarding whether APTOS could reach $25. He stated that although the possibility exists, he prefers to take profits on a conservative basis than pushing it to its limits. The current price of Aptos is $14.23. This represents a decrease in 1.57% over 24 hours and a gain of 4.31% for the past seven days.
Also read: Ethereum Shanghai Upgrade to Trigger Massive Ethereum Price Dump

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