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Aptos’ APT Rallies 4% Following Bullish Breakout on High Volume
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Jun 10, 2025, 8:52 p.m.
- Aptos broke through resistance at the $5 level.
- Recent price action suggests potential accumulation before the token’s next significant move.
Aptos’ APT token surged more than 4% following a bullish breakout, according to CoinDesk Research’s technical analysis model.
The token smashed through resistance at the $5 level and is currently 4.2% higher, trading around $5.065.
STORY CONTINUES BELOW
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Despite facing a 19% monthly decline and competition from emerging blockchain platforms, APT’s recent price action suggests potential accumulation before its next significant move, according to the model.
The broader market gauge, the CoinDesk 20 was 3% higher at publication time.
Technical Analysis:
- APT established strong support at 4.927 after breaking through the 5.00 psychological resistance level.
- High-volume rally created a new resistance zone around 5.138, with subsequent consolidation forming a bull flag pattern between 5.00-5.10.
- Price action showed APT breaking through the 5.090 resistance on substantial volume exceeding 149,000 units.
- A pullback formed a higher low at 5.045, establishing a new support zone.
- Final 15 minutes showed price consolidation in the 5.045-5.062 range, suggesting potential accumulation.
- Total price range represented 0.261 (5.4%) from low to high during the analyzed period.
CoinDesk Analytics is CoinDesk’s AI-powered tool that, with the help of human reporters, generates market data analysis, price movement reports, and financial content focused on cryptocurrency and blockchain markets.
All content produced by CoinDesk Analytics is undergoes human editing by CoinDesk’s editorial team before publication. The tool synthesizes market data and information from CoinDesk Data and other sources to create timely market reports, with all external sources clearly attributed within each article.
CoinDesk Analytics operates under CoinDesk’s AI content guidelines, which prioritize accuracy, transparency, and editorial oversight. Learn more about CoinDesk’s approach to AI-generated content in our AI policy.
Will Canny is an experienced market reporter with a demonstrated history of working in the financial services industry. He’s now covering the crypto beat as a finance reporter at CoinDesk. He owns more than $1,000 of SOL.
