{"id":12482,"date":"2025-10-03T10:45:11","date_gmt":"2025-10-03T10:45:11","guid":{"rendered":"https:\/\/bitunikey.com\/news\/aptos-price-breaks-out-of-descending-triangle-targets-56-upside\/"},"modified":"2025-10-03T10:45:17","modified_gmt":"2025-10-03T10:45:17","slug":"aptos-price-breaks-out-of-descending-triangle-targets-56-upside","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/aptos-price-breaks-out-of-descending-triangle-targets-56-upside\/","title":{"rendered":"Aptos price breaks out of descending triangle, targets 56% upside"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Aptos price has confirmed a bullish reversal pattern amid new ecosystem partnerships.<\/p>\n<div id=\"cn-block-summary-block_e0db3fe125f093e57ff6285de1542fbc\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Aptos price is up 30% over the past 7 days.<\/li>\n<li>World Liberty Financial has launched its stablecoin USD1 on Aptos.<\/li>\n<li>The total value locked and stablecoin supply on Aptos has increased noticeably.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>According to data from crypto.news, Aptos (APT) was trading at $5.12 on Oct. 3 afternoon Asian time, up 5% over the past 24 hours and 30% over the last 7 days.\u00a0<\/p>\n<p>The token\u2019s daily trading volume peaked at nearly $1.2 billion today, almost double the level seen at the start of the period, showing robust demand from traders.\u00a0<\/p>\n<p>Investor interest has also been notable in the derivatives market. According to <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/defillama.com\/chain\/aptos\" target=\"_blank\" rel=\"nofollow\">DeFiLlama<\/a>, open interest in APT futures climbed from $323 million to more than $436 million at the time of writing, while the weighted funding rate turned positive, both signs that a larger number of traders are starting to open long positions as they remain bullish on the token\u2019s future outlook.<\/p>\n<p>A slew of catalysts have been supporting the tokens\u2019 gains in recent days.<\/p>\n<p>First, Aptos has recently <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/Aptos\/status\/1973268499167584518\" target=\"_blank\" rel=\"nofollow\">announced<\/a> a partnership with World Liberty Financial (WLFI) that will bring the USD1 stablecoin to the Aptos blockchain. The launch is scheduled for Oct. 6.<\/p>\n<p>With USD1 currently the sixth-largest stablecoin by market cap at around $2.7 billion, its launch is expected to significantly enhance Aptos\u2019 position in the DeFi space by attracting more trading, lending, and liquidity provision activity to its ecosystem.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Second, Backpack, a multichain wallet and app platform, has <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/Aptos\/status\/1973694583537357069\" target=\"_blank\" rel=\"nofollow\">introduced<\/a> native support for Aptos. The development could help boost Aptos adoption as it lowers entry barriers for new users.<\/p>\n<p>At the same time, DeFiLlama <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/defillama.com\/chain\/aptos\" target=\"_blank\" rel=\"nofollow\">data<\/a> shows that rapid growth in Aptos-based DeFi protocols has pushed the total value locked on the Aptos blockchain from $28 billion in April to over $75 billion at press time. The stablecoin supply on the network has also climbed 5% in the past seven days, reaching $1.09 billion.<\/p>\n<p>On Aptos, the rise in TVL alongside the expanding stablecoin base is a sign that users are not just parking assets temporarily but are actively engaging with the network\u2019s lending protocols, liquidity pools, and decentralized exchanges.<\/p>\n<p>Finally, the broader market rally, coinciding with October\u2019s historical trend as a bullish month for Bitcoin and the crypto market as a whole, has also kept any sort of bearish pressure at bay.<\/p>\n<p>At press time, the <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/alternative.me\/crypto\/fear-and-greed-index\/\" target=\"_blank\" rel=\"nofollow\">crypto Fear and Greed Index<\/a> had moved into the greed zone, up from fear just a week ago.<\/p>\n<h1 class=\"wp-block-heading\">Aptos price analysis<\/h1>\n<p>On the daily chart, Aptos has broken out of a multi-month descending triangle pattern, characterized by a flat lower trendline acting as support and a descending upper trendline forming resistance. A breakout from this pattern leads to a bullish reversal, as momentum shifts in favor of bulls.<\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">Aptos price has confirmed a bullish reversal on the daily chart \u2014 Oct. 3 | Source: crypto.news<\/figcaption><\/figure>\n<p>Aptos price moved above the upper trendline today and successfully retested it as support, which further cemented the bullish outlook among traders.<\/p>\n<p>The Supertrend indicator has also flashed a green signal as it moved below the price level. On top of that, the MACD line has crossed above the signal line, with both trending upward.<\/p>\n<p>Based on these positive technical signals, the next target for APT lies at $8.20, derived by adding the height of the triangle formed to the price point at which the breakout occurred. This target remains 56% above the current price levels.<\/p>\n<p>A drop below $5 would invalidate the setup and could trigger renewed pressure from bears, exposing the token to further downside.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<div class=\"cn-block-disclaimer\">\n<div class=\"cn-block-disclaimer__icon\">\n            <svg class=\"icon icon-info\" aria-hidden=\"true\"><use xlink:href=\"#icon-info\"><\/use> <\/svg>        <\/div>\n<p class=\"cn-block-disclaimer__content\">\n            Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.        <\/p>\n<\/p><\/div>\n<p><!-- .cn-block-disclaimer --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Aptos price has confirmed a bullish reversal pattern amid new ecosystem partnerships. Summary Aptos price is up 30% over the past 7 days. World Liberty Financial has launched its stablecoin&hellip;<\/p>\n","protected":false},"author":1,"featured_media":12367,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12482","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/12482","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=12482"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/12482\/revisions"}],"predecessor-version":[{"id":12483,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/12482\/revisions\/12483"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/12367"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=12482"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=12482"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=12482"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}