Aptos (APT), which partnered with Microsoft on artificial intelligence, crashed in a short time as the news effect passed.
Announcing a partnership with Microsoft on artificial intelligence solutions, APT had an instant increase of more than 20 percent. However, the enthusiasm created by the news diminished over time and the test of BTC to $ 29,000 made the momentum in APT short-lived. How is the technical side progressing for APT, which is also on the top losers list of the day?
Aptos (APT) chart analysis
APT, which exploded with the excitement of the Microsoft news, made its investor happy by throwing a needle from $ 6.66 to $ 8. However, the impact of the news could not remain strong and the downward movement in BTC shook the APT price. What levels are critical in APT, which has dropped 23 percent in a few days?
As of the writing of the news, APT traded at $ 6.45, as long as it exceeds $ 6.68, it can target $ 6.825 – 7,278 – 7.80 – 8.33 and 8.83 dollars, respectively. The continuation of the downward movement in BTC or any negative news from the Aptos ecosystem can bring the price back to $ 5.90. With the breakdown of this value, the selling pressure in APT will intensify.
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