A crypto trader known by the pseudonym “Crypto Trades Made Simple” analyzed SUI and Aptos (APT) discussed the potential relationship between ecosystems. The trader suggested that if APT breaks certain key price levels, especially daily closes above $9.2 and $10.7, a bullish divergence could be in store for APT.
The $9.2 level is interpreted as an important pivot point that could lead to more gains if crossed. However, the trader is expecting more significant momentum above $10.7. This move is also an important level that could encourage a rapid climb towards the $18 monthly resistance.
The trader cited past price charts of Aptos and resistance levels to support this view. These price points have previously acted as turning points in sentiment and momentum.
The analyst also did not forget to take into consideration Aptos’ resistance against Bitcoin since last October. This is an important detail that can create a support base for potential upward movement.
In summary, cryptocurrency The interconnection of their ecosystems, combined with technical indicators, suggests that APT may be positioned for a rally. A break through the $9.2 and $10.7 levels could confirm the bullish view and investors may want to watch if APT can surpass these levels, which could unlock larger gains.