Aptos (APT), which exploded with the announcement of its Microsoft partnership, is now trying to find strength from its support levels.
Announcing that it had partnered with Microsoft on artificial intelligence technology on August 9, APT had instantly increased by 20 percent. But the waning of the news effect naturally shook the APT price. The popular coin, which tested $ 8 with the influence of Microsoft news, fell by 11.50 percent in a short time and came to $ 7 . How is technical analysis progressing on behalf of APT?
Aptos (APT) graphic evaluation
After receiving a reaction at $ 6.44, APT, which took off with the news of Microsoft partnership, managed to reach $ 8. However, in this process, BTC’s unstable structure and the weakening of the news effect caused the relaxation in APT. As of the writing of the news, the trend coin of a period, which saw $ 7.07, can target $ 8.33 and $ 8.83 if it can hold in the region of $ 7.81.
BTC’s pricing below $28,900 or a FUD news from the Aptos ecosystem may exacerbate the selling pressure. In such a case, the points that can be followed as support are $ 6,825 – 6,667 – 6,444 – $5.90 and $5.42, respectively.
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