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APT and SUI Set for a Parabolic Surge as Bullish Momentum Builds Toward Key Resistance

Aptos CFN
  • SUI has surged 8.28%, approaching critical resistance at $2.25, with potential to reach $2.50 if breached.
  • Aptos (APT) has rallied 105%, nearing $10 resistance after rising from $6, with strong buying pressure supporting further gains.
  • Both SUI and APT display strong bullish momentum, driven by investor interest and potential to break through key resistance levels.

Crypto analyst CryptoBullet has drawn attention to Aptos (APT), suggesting that it may follow a bullish momentum, similar to SUI, despite lagging behind. In a recent statement on X (formerly Twitter), CryptoBullet emphasized, “If you missed $SUI or feel like you didn’t buy enough and now FOMO, pay attention to Aptos here. $APT is lagging but it will catch up and test $19 again.” Both SUI and APT charts show promising upward trends, with significant market activity in recent periods.

SUI Price Surges Toward Key Resistance

SUI has demonstrated growth, with the price reaching $2.22, a 10.23% increase in the past 24 hours. The price has surged from previous lows between $0.40 and $1.00 earlier in the year, crossing past crucial resistance levels. Currently, SUI’s price faces its next major resistance at $2.25. If this level is breached, the cryptocurrency could see further gains, potentially moving toward $2.50.

APT and SUI Set for a Parabolic Surge as Bullish Momentum Builds Toward Key Resistance
Source: CryptoBullet

However, if the price fails to break this resistance, it could see a pullback, with notable support around the $1.60 to $1.80 range. This support zone, which previously acted as resistance, will be vital if SUI experiences a short-term correction. Strong bullish sentiment supports the rally, with the market showing continued interest in the asset.

Aptos Gains Momentum with 105% Rally

APT has also experienced strong market activity, with the price increasing by 20.79%, reaching $10.21 in the past 4 hours. This marks a 105% rise from earlier lows between $6 and $8. The next critical resistance level for Aptos lies at $10, a psychological barrier. Breaching this level could push the price toward $12 or higher.

However, should the price face rejection at this level, a pullback could occur, with $8 serving as a strong support level. The ongoing bullish trend in APT is notable, with buying pressure indicating continued upward momentum. Will APT maintain its gains? Well, it remains unknown but the next few weeks will be critical.

APT and SUI Set for a Parabolic Surge as Bullish Momentum Builds Toward Key Resistance
Source: CoinMarketCap

Comparing SUI and APT Market Trends

Both SUI and APT exhibit strong upward momentum. SUI has broken through critical levels, while APT is approaching a major resistance. These trends highlight the potential for both assets to continue their rallies, driven by buying pressure and market interest.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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