Aptos Price Prediction: 2024, 2025, 2030

APT price prediction: Key highlights

1. Primary support and resistance levels

• Within the weekly time frame,$19.90 can likely be the peak resistance to an uptrend.
• Conversely, $5.18 proved to be the lowest support.

2. Market sentiment

• The APT market is seen to be slightly bearish in May 2024.

3. Predictive forecasts

• Our AI/ML predictive algorithms forecast the average price of APT to reach around $618.30 by 2029 and $44,556.11 by 2035.

Gain expert insights on APT through a detailed weekly technical analysis, followed by the coming days of the month, upcoming months, and yearly forecast tables derived from our AI/ML-based predictive models:

APT price analysis: Can bulls charge towards a new high after market correction?

The Aptos price prediction for 2024 is marked by significant volatility, reflecting both the challenges and opportunities faced by the cryptocurrency over the past year. APT demonstrated notable price movements throughout this period as investors reacted to varying market conditions.
 

At the onset of the analysis, APT was experiencing a downtrend that resulted in the token falling below a significant price point of $8.45. Initial attempts by the bulls to reverse the trend were observed but lacked the momentum to sustain a recovery.
 

In June, the market dynamics for APT intensified as a pronounced bearish rally emerged, pushing the token below the $6.70 level. By mid-June, significant bullish efforts briefly propelled APT back above $6.70. Yet, this was short-lived, and the bears pushed the price back below $6.70 in August.
 

Subsequently, during this month, APT also touched its lowest support at $5.18, which continued into early October. Mid-October saw a pivotal trend reversal, bolstered by bullish sentiment as APT recovered above the $6.70 mark.
 

The upward trajectory continued through to December, with APT reaching back up to test the $8.45 level and successfully breaking through to peak at $10.38. Despite minor bearish interference, the token maintained its upward momentum.
 

As 2024 commenced, the token witnessed a stagnation around the $8.45 level, as bearish pressures prevented further gains. However, by February, the bulls found new strength and broke past the peak resistance at $14.07 by mid-March. According to a report by AMBCrypto, APT observed a sharp increase in the number of daily active users, rising from 64,000 in February to 271,000 in March. This development might have catalyzed the token’s spike to the peak resistance level.

But, this peak was short-lived, as April introduced a strong corrective phase prompted by heightened selling pressures. This led to APT plummeting below $8.45. 
 

The subsequent weeks saw the token oscillate between $8.45 and $10.38 as the market sought direction amidst mixed signals. At the time of writing, APT was trading at $8.83, slightly above the pivotal $8.45 level.
 

Given the latest developments that will pave the way for the token, APT's future trajectory seems to be promising. Recently, the Aptos Foundation and MON Protocol have announced a partnership aimed to bolster the on-chain gaming ecosystem. 
 

Moreover, Aptos Labs also took a significant step into the future of finance by introducing Aptos Ascend, a pioneering solution for financial institutions. This project was developed in collaboration with Microsoft, SK Telecom, Brevan Howard, and BCG. 
 

Standing at this juncture, APT’s trajectory will likely swing in one of the two directions. In the face of such groundbreaking developments, if the buying pressure for the token spikes, APT will likely surpass its current resistance to touch the peak $14.07 resistance by the next few weeks. A complete bullish takeover may even push the token to revisit the all-time high (ATH) value of $19.90 by the second half of 2024.

However, if the bears continue to dominate as the market bleeds, APT may revert below the current support to touch $6.70 within a few weeks. Plunging below this crucial level may even take the altcoin back to the lowest support at $5.18.
 

Our AI/ML predictive algorithms forecast impressive growth for the APT, projecting an average trading price of around $618.30 by 2029. Looking ahead, the models anticipate a substantial increase to approximately $44,556.11 by 2035, highlighting a long-term bullish outlook for the altcoin.

APT's 2024 roadmap: Key indicators to watch and trade

• The trading volume mirrored price action throughout the analysis period. There were notable dips in volume as the price fell to the lowest support. Similarly, bullish rallies were accompanied by massive spikes in volume.
• The volume was at its highest between mid-February and early April. It had waned slightly from its previous highs at press time, albeit not plunging to the initial lows.
• At the onset of the analysis, the Relative Strength Index (RSI) was below the neutral line and plunging even further. A recovery was noted from mid-October, and by the end of the month, it had surpassed the neutral line.
• The uptrend continued, and by mid-February, the RSI shot past the 70 mark, straight into the overbought territory. By late March, it touched the peak value of 82.53. 
• As April began, the RSI sharply dropped below the neutral line. Since then, it has been plunging further, and at press time, it stood at 45.38, signifying a rise in selling pressure for the asset.
• The Chaikin Money Flow (CMF) began its journey from the positive territory. However, by mid-May, it swiftly fell below the neutral line. By mid-June, the indicator plunged to its lowest value of -0.21. After this drop, it began recovering.
• After almost touching the neutral line by mid-July, the CMF fell again. It finally broke past the neutral line by mid-October, continuing a positive trajectory until December. Since then, it gradually began nearing the neutral line again.
• The CMF fell below the neutral line again by April. It stood at -0.02 at press time, indicating a slight outflow of money from the asset.