Markets· ★★· bearish·

Aptos (APT) drops 6.72% to $0.717, trades below key moving averages

  • —APT trades at $0.717, below its SMA-7, SMA-50 and SMA-200
  • —Daily volume of $46.09M is 43.64% below the 30-day average
  • —APT is down 96.38% from its $19.81 all-time high set in January 2023
  • —RSI at 42.2 and a bearish MACD; stochastic at 1.2%
Why it matters: The decline on weak volume does not confirm capitulation, but the poor technical picture leaves room for further downside.
Source: DiarioBitcoin