Aptos (APT) Faces Correction After Reaching $4.70 Despite RWA Milestone
The post Aptos (APT) Faces Correction After Reaching $4.70 Despite RWA Milestone appeared on BitcoinEthereumNews.com. Jessie A Ellis Aug 10, 2025 08:28 APT currently trades at $4.70 after a 3.37% daily decline, testing key support levels following recent institutional demand surge that drove 7% weekly gains. Quick Take • APT currently trading at $4.70 (-3.37% in 24h) • Aptos RSI at 52.49 suggests neutral momentum with potential for recovery • Real-world asset TVL milestone of $719M drove recent institutional interest What’s Driving Aptos Price Today? The APT price experienced a notable correction today, declining 3.37% to $4.70 despite achieving significant milestones earlier this week. This pullback follows two consecutive days of strong performance that saw Aptos surge 7% to $4.62 on August 8th. The recent price strength was primarily catalyzed by Aptos achieving $719 million in real-world asset total value locked, a milestone that surpassed Solana’s RWA TVL. This development sparked renewed institutional interest in the APT/USDT trading pair, with institutional buyers driving significant volume increases across major exchanges. However, today’s decline appears to be profit-taking behavior following the rapid 7% advance, rather than a fundamental shift in sentiment. The correction has brought APT price back toward key technical levels that traders are closely monitoring for potential reversal signals. APT Technical Analysis: Mixed Signals Emerge The current Aptos technical analysis presents a nuanced picture for traders. Aptos’s daily RSI of 52.49 positions APT in neutral territory, suggesting the recent selling pressure hasn’t pushed the token into oversold conditions. This APT RSI reading indicates potential for upward momentum if buying interest returns. Aptos’s MACD histogram shows a positive reading of 0.0372, signaling bullish momentum despite the recent price decline. The MACD line at -0.0763 remains below the signal line at -0.1135, but the narrowing gap suggests potential for a bullish crossover. The Aptos Stochastic indicators present a more…
The post Aptos (APT) Faces Correction After Reaching $4.70 Despite RWA Milestone appeared on BitcoinEthereumNews.com.
Jessie A Ellis Aug 10, 2025 08:28 APT currently trades at $4.70 after a 3.37% daily decline, testing key support levels following recent institutional demand surge that drove 7% weekly gains. Quick Take • APT currently trading at $4.70 (-3.37% in 24h) • Aptos RSI at 52.49 suggests neutral momentum with potential for recovery • Real-world asset TVL milestone of $719M drove recent institutional interest What’s Driving Aptos Price Today? The APT price experienced a notable correction today, declining 3.37% to $4.70 despite achieving significant milestones earlier this week. This pullback follows two consecutive days of strong performance that saw Aptos surge 7% to $4.62 on August 8th. The recent price strength was primarily catalyzed by Aptos achieving $719 million in real-world asset total value locked, a milestone that surpassed Solana’s RWA TVL. This development sparked renewed institutional interest in the APT/USDT trading pair, with institutional buyers driving significant volume increases across major exchanges. However, today’s decline appears to be profit-taking behavior following the rapid 7% advance, rather than a fundamental shift in sentiment. The correction has brought APT price back toward key technical levels that traders are closely monitoring for potential reversal signals. APT Technical Analysis: Mixed Signals Emerge The current Aptos technical analysis presents a nuanced picture for traders. Aptos’s daily RSI of 52.49 positions APT in neutral territory, suggesting the recent selling pressure hasn’t pushed the token into oversold conditions. This APT RSI reading indicates potential for upward momentum if buying interest returns. Aptos’s MACD histogram shows a positive reading of 0.0372, signaling bullish momentum despite the recent price decline. The MACD line at -0.0763 remains below the signal line at -0.1135, but the narrowing gap suggests potential for a bullish crossover. The Aptos Stochastic indicators present a more…
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