Aptos (APT), Moderate Volatility and Rising Saturday: Is it Time to Cash Out?

Saturday, March 02, 2024 06:21 AM | InvestorsObserver Analysts

Aptos (APT) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Saturday, the Distributed Software Platform has advanced 3.41% to $12.02.

InvestorsObserver is giving Aptos a 42 Volatility Rank. Find out what this means to you and get the rest of the rankings on Aptos!

Moderately Volatile

InvestorsObserver gives Aptos a moderate volatility rank of 42, placing it in the bottom 42% of cryptos on the market.

The Volatility Gauge takes into account this makes its score defined by recent trends, rather than a bad day. APT's moderate volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.

Aptos price is trading above resistance. With support at $11.4 and resistance near $11.92. This positions Aptos out of range and potentially in a volatile position if the rally burns out.

What is a Coin?

A coin is a cryptocurrency that exists on its own blockchain. these are typically used for payments. Depending on the cryptocurrency, what those payments are used for may vary from general use in the Digital Money sub-class to more specific uses in some other sub-classes.

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